The paper explores the sources of risk for agricultural cooperatives, which reduce their competitiveness. A systematization of the types of risks for the agricultural cooperatives is carried out, focusing on two risk groups: risks originating in the environment (external risks) and risks within the organization (internal risks). On the basis of an empirical study of the sources of risk for agricultural cooperatives in the North-East region of Bulgaria, empirical models for the internal and external sources of risk are presented. The analyzes allow for generalizations to be made about the nature of the risks to agricultural cooperatives, allowing for effective risk management actions.
The objective of this paper is to compare the levels of price risk faced by producers of basic unprocessed agricultural products in Bulgaria based on certain theoretical assumptions. The research covers the period 2009 -2017. The risk levels have been measured by using the "coefficient of variation" and "lower partial moment" indicators.
The aim of this paper is to present a methodology for assessing the level of climatic risk in agriculture and to assess the risk of climate variability faced by wheat producers in Bulgaria. The analysis is based on secondary data on the average wheat yield during the period 1998 - 2018. Using a breakpoint linear regression model we estimated the predictable component in the time series of the average crop yield. Climate risk was assessed using a detrended coefficient of variation. We conclude that about 10% of the average yield variation from its typical value can be explained by the impact of random factors, among which climate variability over the period.
The purpose of this article is to assess the impact of the Common Agricultural Policy on the potential of agricultural producers in Bulgaria to manage price risk through a vertical coordination strategy. A comparison was made between the established producer organizations in Bulgaria and other Member States of the European Union on the main indicators of the level of development-number of recognized organizations, organization rate and average number of members. It is concluded that the policy objective of reducing producer price volatility through vertical coordination along the supply chain has not been achieved at this stage. In order to make it possible for the market (including price) risk to be managed by farmers in Bulgaria in this way, it is necessary to seriously increase the share of farms that cooperate for the purpose of joint sale of products, as well as to increase the size of established producer organizations.
The purpose of this article is to examine the degree of realization of risk related to inequality in the distribution of the farmland size in Bulgaria. The study is based on Eurostat data for Bulgaria and other EU countries. The results show that specific indicators provide somewhat specific country characterizations.
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