The Elasticity of Agricultural Income in the EU Member States Under Different Cost Structures
The aim of this paper was to determine whether the EU countries which vary in terms of their cost structure in agriculture, differ also with regard to the influence of capital-labour ratio and land supply per worker on labour profitability. It was assumed that data concerning the presence and charac...
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| Format: | Article |
| Language: | English |
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Warsaw University of Life Sciences Press
2017-12-01
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| Series: | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
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| Online Access: | https://prs.sggw.edu.pl/article/view/2928 |
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| author | Łukasz Kryszak Jakub Staniszewski |
| author_facet | Łukasz Kryszak Jakub Staniszewski |
| author_sort | Łukasz Kryszak |
| collection | DOAJ |
| description | The aim of this paper was to determine whether the EU countries which vary in terms of their cost structure in agriculture, differ also with regard to the influence of capital-labour ratio and land supply per worker on labour profitability. It was assumed that data concerning the presence and character of those differences can contribute to better understanding of the nature of agricultural development in the EU countries. The main sources of data used in this paper were the Economic Accounts for Agriculture (Eurostat) and the FAOStat database. The study covered the period of 2004-2014. In the article it was shown that agriculture in the EU countries is varied in terms of cost structure, and in the cluster II, including mostly the countries of the so-called “new” EU, intermediate consumption is of relatively larger significance for their cost structure. In the countries of the “old” EU an important role is played by the depreciation of buildings and external services. Stronger influence of capital-labour ratio on the payment to the factor of labour was observed in the cluster II countries. In those countries, increasing capital expenditures was a more efficient strategy to increase income. |
| format | Article |
| id | doaj-art-de413949c8a841748f2f60912bf5fb2a |
| institution | Kabale University |
| issn | 2081-6960 2544-0659 |
| language | English |
| publishDate | 2017-12-01 |
| publisher | Warsaw University of Life Sciences Press |
| record_format | Article |
| series | Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego |
| spelling | doaj-art-de413949c8a841748f2f60912bf5fb2a2025-02-04T10:43:10ZengWarsaw University of Life Sciences PressZeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego2081-69602544-06592017-12-0117410.22630/PRS.2017.17.4.94The Elasticity of Agricultural Income in the EU Member States Under Different Cost StructuresŁukasz Kryszak0Jakub Staniszewski1Uniwersytet Ekonomiczny w PoznaniuUniwersytet Ekonomiczny w PoznaniuThe aim of this paper was to determine whether the EU countries which vary in terms of their cost structure in agriculture, differ also with regard to the influence of capital-labour ratio and land supply per worker on labour profitability. It was assumed that data concerning the presence and character of those differences can contribute to better understanding of the nature of agricultural development in the EU countries. The main sources of data used in this paper were the Economic Accounts for Agriculture (Eurostat) and the FAOStat database. The study covered the period of 2004-2014. In the article it was shown that agriculture in the EU countries is varied in terms of cost structure, and in the cluster II, including mostly the countries of the so-called “new” EU, intermediate consumption is of relatively larger significance for their cost structure. In the countries of the “old” EU an important role is played by the depreciation of buildings and external services. Stronger influence of capital-labour ratio on the payment to the factor of labour was observed in the cluster II countries. In those countries, increasing capital expenditures was a more efficient strategy to increase income.https://prs.sggw.edu.pl/article/view/2928agricultural incomecost structureEuropean Unionincome elasticity |
| spellingShingle | Łukasz Kryszak Jakub Staniszewski The Elasticity of Agricultural Income in the EU Member States Under Different Cost Structures Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego agricultural income cost structure European Union income elasticity |
| title | The Elasticity of Agricultural Income in the EU Member States Under Different Cost Structures |
| title_full | The Elasticity of Agricultural Income in the EU Member States Under Different Cost Structures |
| title_fullStr | The Elasticity of Agricultural Income in the EU Member States Under Different Cost Structures |
| title_full_unstemmed | The Elasticity of Agricultural Income in the EU Member States Under Different Cost Structures |
| title_short | The Elasticity of Agricultural Income in the EU Member States Under Different Cost Structures |
| title_sort | elasticity of agricultural income in the eu member states under different cost structures |
| topic | agricultural income cost structure European Union income elasticity |
| url | https://prs.sggw.edu.pl/article/view/2928 |
| work_keys_str_mv | AT łukaszkryszak theelasticityofagriculturalincomeintheeumemberstatesunderdifferentcoststructures AT jakubstaniszewski theelasticityofagriculturalincomeintheeumemberstatesunderdifferentcoststructures AT łukaszkryszak elasticityofagriculturalincomeintheeumemberstatesunderdifferentcoststructures AT jakubstaniszewski elasticityofagriculturalincomeintheeumemberstatesunderdifferentcoststructures |