Evaluation of break-even point and gross margin economic risks in producing winter oilseed rape
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41310%2F18%3A77278" target="_blank" >RIV/60460709:41310/18:77278 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.15159/AR.18.061" target="_blank" >http://dx.doi.org/10.15159/AR.18.061</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15159/AR.18.061" target="_blank" >10.15159/AR.18.061</a>
Alternative languages
Result language
angličtina
Original language name
Evaluation of break-even point and gross margin economic risks in producing winter oilseed rape
Original language description
The economic result of growing winter oilseed rape is influenced by a number of variables, such as natural influences, input prices and the used technology. One of the ways to se the experience and knowledge provided by consulting companies. This paper analyses two data series covering the period of 5 to 10 years regarding specific selected key parameters for companies using the counselling services of the Union of Oilseeds Growers and Processors in Prague (UOGP) and some other companies that make no use of these services (OTHERS). For the selected key parameters, the risk analysis of reaching the gross margin and the break-even point was conducted with the aid of the Monte Carlo stochastic simulation method. The results of the calculations show that the companies using UOGP consulting achieve on average, at the same level of risk, a gross margin higher by 30% and their break-even point is lower by 11%. Taking advantage of the knowledge and services provided by a consulting company has pos
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Agronomy Research
ISSN
1406-894X
e-ISSN
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Volume of the periodical
16
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
13
Pages from-to
543-555
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85056621001