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Author(s): Bohuš Kollár, Zlata Sojková

Title: Research of the impact of agricultural policies on the efficiency of farms

Source: International Scientific Days 2016. The Agri-Food Value Chain: Challenges for Natural Resources Management and Society

Document Type: Scientific paper

ISBN: 978-80-552-1503-7


Publisher: Slovak University of Agriculture in Nitra

PY, pages: 2016, 1030-1035

Published on-line: 2016-06-24

Language: eng

Abstract: Common Agricultural Policy is one of the oldest as well as one of the most expensive policies of the European Union. Common Agricultural Policy accounted for circa 40 % of the European Union’s budget. The aim of the presented paper is the analysis of agricultural policy impact on the agrarian subjects in Slovakia in the period 2007-2013. The source of the data is Information Sheets of the Ministry of Agriculture of the Slovak Republic. There is no significant technical inefficiency present when the production function model is applied with the subsidies as the part of the revenues. The subsidies might be considered as the input to motivate subjects and to increase the amount of the sales’ revenues. However, production function model shows negative effect of the subsidies on the sales’ revenues.

Keywords: agriculture, common agricultural policy, efficiency, Slovakia

JEL Classification: C51, O13, Q18

Rights: Open Access :: Creative Commons Attribution 4.0 Licence
Creative Commons License
Toto dielo je publikované pod/This work is licensed under a Creative Commons Attribution 4.0 International License.