1. PROFITABILITY OF OWN LABOUR VS. ECONOMIC AND FINANCIAL STANDING OF FARMS IN CENTRAL AND EASTERN EUROPEAN MEMBERS OF THE EUROPEAN UNION.
- Author
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Sredzinska, Joanna
- Subjects
- *
PROFITABILITY , *AGRICULTURAL laborers , *AGRICULTURE , *ANALYSIS of variance , *FARMS , *FARM finance , *AGRICULTURAL economics - Abstract
Farming profitability is of special importance both for the national economy and for the farmers and their families. Despite the implementation of Common Agricultural Policy instruments, income disparity between the EU agriculture sector and other branches of the national economy continues to be a problem. The main purpose of this paper is to depict the economic and financial standing of farms in CEE countries demonstrating various levels of profitability of own labour. The author used macro-regional FADN data from 2013-2015. The population studied was split into quartiles, as justified by the variance analysis. In the groups identified, selected indices were calculated to reflect the farms’ economic and financial standing. As shown by this study, the profitability of unpaid labour in CEE farms is largely affected by subsidies. Farms with high levels of own labour profitability are more willing to borrow funds and demonstrate greater investment capacities. [ABSTRACT FROM AUTHOR]
- Published
- 2018
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