The profitability and technical efficiency of young farmers supported from Rural Development Programme

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F15%3A%230000515" target="_blank" >RIV/00027251:_____/15:#0000515 - isvavai.cz</a>

Result on the web

<a href="http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf" target="_blank" >http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The profitability and technical efficiency of young farmers supported from Rural Development Programme

Original language description

The aim of the paper is to assess the profitability and technical efficiency of young farmers in order to conclude whether the financial support from Rural Development Programme (RDP) under measure 1.3.1 Setting up young farmers’ businesses had desirable effect. Financial indicators (return on assets – ROA, return on equity ROE and return on sales – ROS) and technical efficiency (using Data Envelopment Analysis) are calculated. The development is observed from 2008 to 2013 to match the major part of the functioning of the RDP. The sample consists of 11 young farmers for which overall technical efficiency (CCR model), pure technical efficiency (BCC model) and scale efficiency were calculated. It cannot be clearly concluded whether the farms improved after receiving the sup-port as sometimes ROA, ROE or ROS increased after obtaining the subsidy, but sometimes otherwise. The farmers were overall efficient from 48.5% and pure technical efficiency from 76.6%. Scale efficiency was lower (65.5%) as there were more farms with decreasing than those with increasing returns to scale. The effect of subsidies on technical efficiency is ambiguous. There was no statistically significant relation found between the number of years from subsidy receiving and technical efficiency.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

GA - Agricultural economics

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Mathematical Methods in Economics - Conference Proceedings

ISBN

978-80-261-0539-8

ISSN

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e-ISSN

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Number of pages

6

Pages from-to

618-623

Publisher name

University of West Bohemia

Place of publication

Plzeň

Event location

Cheb

Event date

Sep 9, 2015

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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