Structural change and transition in the agricultural sector: Experience of Serbia

Bogdanov, Natalija; Rodić, Vesna; Vittuari, Matteo

doi:10.1016/j.postcomstud.2017.10.002

Cited by 17 publications

(13 citation statements)

References 11 publications

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“…Cluster 2 is also typical for higher average acreage and labour input per farm than other clusters. Large farms are typical for post-communist countries (Bogdanov et al 2017), unlike Western European countries (Šimon and Bernard 2016). Besides, the average non-agricultural wage is much lower (EUR 9 per hour) than in Cluster 3 (EUR 24.2 per hour), which diminishes the effect of opportunity labour costs on the economic income.…”

Section: Resultsmentioning

confidence: 97%

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU

Špička¹,

Dereník²

2021

Agric. Econ. - Czech

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The post-2020 Common Agricultural Policy targets at supporting small and medium-sized farms. Capping and redistribution of direct payments would have a direct impact on the economic viability of farms. Calculation of economic income is a reasonable way how to calculate the economic viability of firms. However, accounting profit has been preferred for its estimation so far. The article aims to compare the income from accounting and economic point of view and reveal how much the results differ across the EU. The literature review, an empirical analysis based on Farm Accountancy Data Network (2016–2018), and a clustered heat map were applied. The results provide clear evidence of high variability of opportunity costs when calculating the economic viability in the EU, especially between countries with small intensive farms and some post-communist countries where larger farms dominate.

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Section: Resultsmentioning

confidence: 97%

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU

Špička¹,

Dereník²

2021

Agric. Econ. - Czech

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“…One of the most significant features of agricultural policy in the Republic of Serbia is an unpredictable and unstable budget framework. As a result, distribution of funds for individual purposes changes from year to year [9]. Prominent variability in the structure and amount of budgetary transfers to agriculture is caused by changes in the entire national budget, which are the consequence of political and economic instability [10].…”

Section: Main Features Of Agriculture In the Republic Of Serbiamentioning

confidence: 99%

Serbian Agriculture Policy: Economic Analysis Using the PSE Approach

et al. 2019

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The purpose of the research is to identify the level of Government support to farmers’ income in the Republic of Serbia. This support is based on market measures and budgetary transfers directed towards producers. As budgetary transfers are defined in the agricultural policy, by applying the producer support estimate (PSE) methodology, it is indirectly evaluated whether agricultural policies have a positive or negative impact on farmers’ income and their economic status and the economic sustainability of farms. Producers of more significant agricultural commodities covered by the analysis in the period between 2012 and 2016 did not get any significant support from the state. Namely, most of the analyzed commodities had negative values of single commodity transfer (SCT) indicators, which means that agricultural producers received more taxes than incentives. In addition to the modest budgetary transfers, variations in their forms further negatively affect producers’ income. Low share of budgetary transfers in the support structure to farmers leads to the conclusion that the support to farmers’ income through higher prices on the domestic market is paid by consumers.

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“…The sectoral composition of Ukraine characterizes the economic structure by activity spheres of economic entities. Sectoral composition and changes distinguish the evolution of the national economy (Bogdanov, Rodić & Vittuari, 2017). The industrial composition of the economy provides rapid economic growth due to the significant share of manufacturing industries in GDP (Zhao & Tang, 2018).…”

Section: Introductionmentioning

confidence: 99%

Management of the Sectoral Composition of the Economy in Transformational Countries

Sokolova¹

2021

EFMR

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The investigation of the management of the economy's sectoral composition in transformational countries requires substantiation for the development of priority sectors of economic growth. The industries with the largest share of value added are a top-priority in terms of the use of state management and regulatory tools; consequently, they require the introduction of an innovative model of development. The purpose of the academic paper lies in identifying the features of the management of the economy's sectoral composition in transformational countries, revealing the best practices and formulating proposals for their adaptation in Ukraine. The object of the research is the management of the sectoral composition of the Ukraine's economy in 2015-2019. The research methodology is based on quantitative design and statistical analysis of the sectoral composition with application of data from the State Statistics Service of Ukraine on costs and output of various economic sectors in 2015-2019. The results demonstrate the stability of output share by the secondary and tertiary sectors (total share 78%), a decrease in the output of the primary sector (share 16%); growth of gross value added share and the wages share formed in the tertiary sector (from 51% to 54% of GVA and 49% to 54% of wages). The academic paper has identified the transition of Ukraine from industrial to post-industrial direction of economic development and the consumer model due to a high share of consumer expenditures in the tertiary sector (44-43%), the raw material-based structure of the economy. It has been established that capital accumulation occurs only in the secondary sector, and the accumulation rate of 33% indicates the potential for composition modernization. The practical effect of the scientific work lies in the formation of proposals for the management of the sectoral composition of the Ukrainian economy with an emphasis on the introduction of tools for the technological development of the secondary sector and stimulation the tertiary sector's innovative services for their transfer to other sectors of the economy.

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Structural change and transition in the agricultural sector: Experience of Serbia

Cited by 17 publications

References 11 publications

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU

Serbian Agriculture Policy: Economic Analysis Using the PSE Approach

Management of the Sectoral Composition of the Economy in Transformational Countries

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Structural change and transition in the agricultural sector: Experience of Serbia

Cited by 17 publications

References 11 publications

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU

Serbian Agriculture Policy: Economic Analysis Using the PSE Approach

Management of the Sectoral Composition of the Economy in Transformational Countries

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Product

Resources

About

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU

How opportunity costs change the view on the viability of farms? Empirical evidence from the EU