Effects of the investment support in the Czech meat processing industry
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F17%3AN0000006" target="_blank" >RIV/00027251:_____/17:N0000006 - isvavai.cz</a>
Result on the web
<a href="http://www.agriculturejournals.cz/publicFiles/221673.pdf" target="_blank" >http://www.agriculturejournals.cz/publicFiles/221673.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.17221/367/2015-AGRICECON" target="_blank" >10.17221/367/2015-AGRICECON</a>
Alternative languages
Result language
angličtina
Original language name
Effects of the investment support in the Czech meat processing industry
Original language description
The goal of the paper is to quantify and evaluate the effects of investment subsidies in the Czech meat processing industry. The investment subsidies should enhance the economic results of the supported companies and increase their competitiveness. The analysis is based on the fixed-effect modelling of balanced panel data of 130 meat processors in the period 2008–2013. It quantifies the impact of investment subsidies from the Rural Development Programme (RDP) and the national support programme (Decree of MoA) on profitability, labour productivity, credit debt ratio and the efficiency of production consumption. The conclusions can be generalized for medium-sized and large companies. The results show that investment subsidies from the RDP had not such a significant effect as expected. Investment subsidies from the RDP affected only the labour productivity of large meat processors and the ROA of non-family companies. However, they should preferably help small and medium-sized companies to be more competitive. Subsidies from the national programme increased the profitability of family-owned and medium-sized companies and changed the capital structure of the supported companies which used more bank loans for upgrading the technology.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Agricultural Economics
ISSN
0139-570X
e-ISSN
1805-9295
Volume of the periodical
63
Issue of the periodical within the volume
8
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
14
Pages from-to
356-369
UT code for WoS article
000410678400002
EID of the result in the Scopus database
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