Investment Subsidies in the Meat Industry and Their Impact on Business Economics

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F18%3AN0000002" target="_blank" >RIV/00027251:_____/18:N0000002 - isvavai.cz</a>

Result on the web

<a href="https://cebr.vse.cz/artkey/cbr-201801-0003_Investment-Subsidies-in-the-Meat-Industry-and-Their-Impact-on-Business-Economics.php" target="_blank" >https://cebr.vse.cz/artkey/cbr-201801-0003_Investment-Subsidies-in-the-Meat-Industry-and-Their-Impact-on-Business-Economics.php</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.18267/j.cebr.194" target="_blank" >10.18267/j.cebr.194</a>

Result language

angličtina

Original language name

Investment Subsidies in the Meat Industry and Their Impact on Business Economics

Original language description

This article deals with meat industry subsidies in the Czech Republic. Food processing businesses are entitled to draw funds from the Rural Development Program 2007-2013 (RDP), Axis I, Measure I. 1. 3 Adding value to agricultural and food products. The aim of this paper is to assess whether there were any changes in performance indicators in subsidized meat businesses and to identify their effects on the meat industry. Competitiveness of meat industry is low. Subsidies are among other factors that can help to reach for better competitiveness of this branch. The fixed effect model was used in order to carry out the analysis. According to the results, subsidized meat enterprises did not display any increase in business performance (no increase in labour productivity, value added growth in the supported firm were found) and cannot be considered as a key factor of competitiveness. There was a positive impact on the number of employees and the value of fixed assets in the year the subsidies were drawn. However, the effective use of workers and property did not reflect other performance indicators in the year of drawing.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2018

Confidentiality

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

Name of the periodical

Central European Business Review

ISSN

1805-4862

e-ISSN

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Volume of the periodical

7

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

9

Pages from-to

37-45

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85051104788