Developments in the income situation of the agricultural sector in selected the EU member states

Zsarnóczai, Sándor; Popp, József; Belás, Jaroslav; Kovács, Sándor

doi:10.14254/2071-789x.2021/14-1/15

Cited by 5 publications

(2 citation statements)

References 30 publications

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“…The labour movement, transportation, and trading constraints harmed the agriculture sector's success. Workforce shortages impacted the agriculture industry, and agricultural machinery became inactive (Teignier, 2018;Zsarnóczai et al, 2021). Furthermore, social distance measures were implemented, resulting in a significant decline in the percentage of agricultural labourers.…”

Section: Processingmentioning

confidence: 99%

An Economic Prognostic Study to Examine the Productivity of Agricultural Smes of Central Europe During the Covid-19 Crisis

Imran,

Sufyan,

Tajammul

et al. 2023

Business: Theory and Practice

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In 2020, the COVID-19 pandemic disturbed the world's Agri-businesses. Several economies are attempting to demonstrate attempts to maintain agribusiness, the agriculture industry, and marketplaces, but distribution networks, access to markets, and affordable farm goods are still vulnerable. The poor and various disempowered populations, particularly those with lower buying power, have been harmed by the COVID-19 outbreak. This study examines the productivity of Central Europe's agricultural SMEs during the COVID-19 pandemic. A predictive model between independent and dependent factors was used to determine and forecast the index or risk for future agricultural SMEs' functioning. The Central European agricultural SMEs' performance indicators were used, such as agricultural output, production of agriculture goods and services, vegetable and horticultural products, fixed capital consumption, agriculture determinants' actual income index, absolute net agriculture business income index, and net agricultural entrepreneurial income. Our results reveal pre and post-COVID-19 agribusiness analyses and their implications for food distribution and sustainability. Our findings also revealed a widespread influence of COVID-19 on Central European areas. The study findings can help agricultural enterprises and policymakers manage the COVID-19 outbreak by providing essential recommendations and consequences.

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Section: Processingmentioning

confidence: 99%

An Economic Prognostic Study to Examine the Productivity of Agricultural Smes of Central Europe During the Covid-19 Crisis

Imran,

Sufyan,

Tajammul

et al. 2023

Business: Theory and Practice

View full text Add to dashboard Cite

show abstract

“…Modern approaches for ensuring the nutritional needs of the population suffering from food poverty in the developed countries of the world represent a specific challenge. It is not challenging only due to the threat of global crises, but also due to the needs of the strategic development of the agri-food complex towards streamlining its activities Zsarnóczai et al (2021). Specifically, they try to find a balance between private economic goals and public demand on the corporate responsibility side of their activities because of the need to mitigate climate change's negative effects.…”

Section: Introductionmentioning

confidence: 99%

Development of financial performance of food retailers as an attribute behind the increase of food insecurity in selected Central and Eastern European Countries

Dubanych,

Vavřina,

Polák

2023

Investment Management and Financial Innovations

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Food insecurity is not a new phenomenon even in leading European economies, but this complex problem area is facing new global challenges. This article traces the research gap in addressing food insecurity by focusing on the role of food retail chains in the former “Eastern Bloc” in light of unprecedented food price inflation and the resulting scale of demand for the services of food banks. Through empirical analysis of secondary financial corporate data, a low level of their profitability in the period of 2011–2019 was revealed, which preceded the synchronicity of two unexpected global economic downturns. Specifically, Return on Sales for food retailers located in the Czech Republic and Hungary was generally below 2%, offset by higher Total Asset Turnover figures, consistent with the need to extend the volume of goods for sale. Development in profitability in selected newer EU member states is just as significantly similar to the situation in Ukraine. The mutual interaction of factors of economic size and the country of residence of business was analyzed regarding a possible influence on their financial performance. This study concluded that the presence of unresolved market distortions can both lead to increased food insecurity and, paradoxically, contribute to increased food waste. AcknowledgmentThe authors are thankful to the Internal Grant Agency of Mendel University in Brno for financial support to carry out this research as the partial output of the project No. IGA-PEF-TP-23-015 “Zajišťování výživových potřeb obyvatelstva vzhledem k aktuálním výzvám v oblasti regenerativních přístupů při vykonávání hospodářských činností podniků agropotravinářského komplexu se zaměřením na roli tuzemských potravinových bank”.

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Understating (Under)Development Through Inequality and Poverty: A Principal Component Analysis

Gomez,

Aparicio,

Urbano

2023

Driving Complexity in Economic Development

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Developments in the income situation of the agricultural sector in selected the EU member states

Cited by 5 publications

References 30 publications

An Economic Prognostic Study to Examine the Productivity of Agricultural Smes of Central Europe During the Covid-19 Crisis

An Economic Prognostic Study to Examine the Productivity of Agricultural Smes of Central Europe During the Covid-19 Crisis

Development of financial performance of food retailers as an attribute behind the increase of food insecurity in selected Central and Eastern European Countries

Understating (Under)Development Through Inequality and Poverty: A Principal Component Analysis

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