Distribution of the investment subsidies in the Czech meat processing industry

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F16%3AN0000019" target="_blank" >RIV/00027251:_____/16:N0000019 - isvavai.cz</a>

Result on the web

<a href="https://ap.pef.czu.cz/cs/r-12193-conference-proceedings" target="_blank" >https://ap.pef.czu.cz/cs/r-12193-conference-proceedings</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Distribution of the investment subsidies in the Czech meat processing industry

Original language description

The meat processing industry has been one of the key producers in the Czech food processing industry for a long time. The aim of the paper is to describe and evaluate the distribution of the investment subsidies for meat processors from the RDP in the Czech Republic in the programming period 2007-2013. The analysis of investment subsidies between the meat processors can reveal typical receivers of investment support from the RDP, investment priorities of the companies, a concentration of the subsidies distribution and the duration of the project completion. The database of 533 investment projects since 2007 in the sub-measures I.1.3.1 and I.1.3.2 was used as the secondary data source. The database was linked with Albertina database of accounting reports. The analysis is based on description of the distribution of investment subsidies. Moreover, statistical hypothesis testing (Kolmogorov-Smirnov test) was applied to reveal differences between participants and nonparticipants. The distribution analysis showed that the Pareto principle of distribution has been fulfilled: 24 % of participants received 80 % of investment subsidies. 36 % of participants successfully applied repeatedly. The success rate was lower in the group of small companies than in the medium and large ones probably because the bigger companies usually use own specialists or professional consulting services. Hypothesis testing indicated that participants were significantly bigger, had better financial situation and were more capital-intensive than nonparticipants. The question is whether the strategic goal of the Ministry of Agriculture is to change the strategy of investment support in the new programming period 2014+ to be distributed more evenly.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

GM - Food industry

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

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

Article name in the collection

AGRARIAN PERSPECTIVES XXV: GLOBAL AND EUROPEAN CHALLENGES FOR FOOD PRODUCTION, AGRIBUSINESS AND THE RURAL ECONOMY

ISBN

978-8-0213-2670-5

ISSN

2464-4781

e-ISSN

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Number of pages

8

Pages from-to

384-391

Publisher name

Czech University of Life Sciences Prague, Faculty of Economics and Management

Place of publication

Praha

Event location

Praha

Event date

Sep 14, 2016

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000391137000050