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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

  • Czech description

Classification

  • Type

    J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • 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

  • 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

  • EID of the result in the Scopus database

    2-s2.0-85056621001