Profitability development of Czech dairy farms

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F16%3A70491" target="_blank" >RIV/60460709:41110/16:70491 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Profitability development of Czech dairy farms
Original language description
Th e paper deals with the development and main determinants of the profi tability of Czech dairy farms. Th e aim of the paper is to evaluate the diff erences in the dynamics of profi tability for two types of milk producers – specialized dairy farms and mixed farms – within the context of the agricultural policy changes. Th is aim is achieved by decomposing profi tability into output growth, output and input price changes, changes in decoupled subsidies, technical change, scale, mark-up, and technical effi ciency change components based on input distance function estimation. Based on the panel data obtained from the FADN database in the time period 2004–2011, it was found that the change in profi tability was positive in the analysed time period, and slightly higher for the specialized dairy farms than for the mixed ones. Th e changes in output price, mark-up component and technical change are the main determinants of the development of profi tability. Agricultural policy measures had diff er
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
GA - Agricultural economics
OECD FORD branch
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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