The role of agriculture in the economic structure of Serbia and budget support for rural development of Kladovo municipality

Grujić-Vučkovski, Biljana; Simonović, Zoran; Ćurčić, Nikola; Miletić, Vuk

doi:10.5937/ekopolj2203863g

Cited by 5 publications

(3 citation statements)

References 13 publications

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“…Agriculture is important for all countries of the world, and the sustainable development of agriculture is the need of the whole nation [1].…”

Section: Introductionmentioning

confidence: 99%

Principal Component Analysis of Selected Indicators of Wheat in European Countries

Grujić Vučkovski,

Marina,

Ćurčić

2024

Preprint

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For this research we are selected three indicators of wheat: yield (t/ha), producer price (USD/t) and share of the harvested area under wheat in relation to the total land area of country (%). The mentioned indicators were analyzed for the period 2006-2021 in thirty-two European countries. The purpose of the research is to determine which of the mentioned indicators achieve average annual growth/decrease rates, what is the correlation between them, how European countries are grouped with their similarities and differences. The research examines the impact of the COVID-19 pandemic on the mentioned indicators in a two time phases: Phase I, before the pandemic (2006-2019); Phase II, during the pandemic (2020-2021). The methodological approach to the research topic involved the application of descriptive statistics, as the method of principal components analysis (abbr. PCA) with graphics. A positive correlation exists only between the yield of wheat and the share of the harvested area under wheat in the total area of the land (0.291). PCA method showed that countries are grouped differently depending on the observed indicator and the analyzed time phase.

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“…Agriculture is important for all countries of the world, and the sustainable development of agriculture is the need of the whole nation [1].…”

Section: Introductionmentioning

confidence: 99%

Principal Component Analysis of Selected Indicators of Wheat in European Countries

Grujić Vučkovski,

Marina,

Ćurčić

2024

Preprint

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“…Many countries, as part of their national economic policies, consider agriculture a cornerstone for their future development (Milić et al, 2023). It profoundly impacts the macroeconomic indicators of each country, particularly the gross domestic product (GDP) (Vučkovski et al, 2022). Notably, agriculture contributes 4% to the global GDP, according to the latest World Bank data (World Bank, 2023).…”

Section: Introductionmentioning

confidence: 99%

Research on the Attitude of Young People Regarding the Attractiveness of Agriculture: A Case Study of Serbia

Janaćković,

Dimitrijević

2024

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Agriculture plays a crucial role in any economy. However, agricultural work is often regarded as unpopular, dirty and lacking prestige. As a consequence, young people frequently migrate from rural to urban areas in search of alternative activities. This study addresses the challenge of integrating youth into the agricultural workforce. The objective is to assess the reasons behind youth’s (un) willingness to engage in agricultural work, using Serbia as a case study. Data were collected through a questionnaire and 308 responses were analyzed with the help of Binary Logistic Regression. The findings indicate that the attitude of young individuals to engage in agricultural work is significantly shaped by area of residence, family involvement, ownership of rural property, the economic viability of the agricultural sector and concerns about long-term employment stability. A few positive and negative stereotypes were also identified. The findings underscore the imperative to attract young people to work in agriculture.

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“…The choice of the fourth economic activity (Agriculture, forestry and fishing) conditioned the high contribution of this sector to numerous performances of the national economy. Namely, agriculture in Serbia significantly contributes to the employment of the working-age population, contributes positively to the foreign trade balance, provides food to the population and the livestock sector, provides industry with raw materials, and still significantly encourages the development of rural areas (Grujić Vučkovski et al, 2022).…”

Section: Introductionmentioning

confidence: 99%

Impact of Realized Investments in New Fixed Assets on Gross Domestic Product in Serbia

Grujić Vučkovski,

Paraušić,

Kljajić

2023

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The research subject is the analysis of the impact of the value of realized investments in new fixed assets on the gross domestic product (GDP) of Serbia in the period from 2012 to 2021. The research was conducted with the aim of determining which economic activity, according to the value of realized investments, contributes the most to the creation of the value of Serbia’s GDP. The defined goal was realized by applying the multiple regression method, and the starting model contained the value of realized investments in four activities, which are: manufacturing; electricity, gas, steam and air conditioning supply; transportation and storage; agriculture, forestry and fishing. The occurrence of multicollinearity between independent variables was checked by the tolerance coefficient, VIF coefficients and Eigen values, and their values indicate the presence of weak multicollinearity, which is a consequence of the impact of realized investments in agriculture, forestry and fishing. The result of the set regression model shows that the greatest contribution to the creation of Serbia’s GDP is made by the realized investment value in the electricity, gas, steam and air conditioning supply (Standardized Beta Coefficients 0.687, Sig. = 0.012).

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The role of agriculture in the economic structure of Serbia and budget support for rural development of Kladovo municipality

Cited by 5 publications

References 13 publications

Principal Component Analysis of Selected Indicators of Wheat in European Countries

Principal Component Analysis of Selected Indicators of Wheat in European Countries

Research on the Attitude of Young People Regarding the Attractiveness of Agriculture: A Case Study of Serbia

Impact of Realized Investments in New Fixed Assets on Gross Domestic Product in Serbia

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