Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia

Dimitrijević, Miloš; Vržina, Stefan; Leković, Мiljan

doi:10.5937/ekopolj2002585d

Cited by 5 publications

(6 citation statements)

References 24 publications

(24 reference statements)

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“…A study by Dimitrijević, Vržina and Leković (2020) reported that Serbia is a mainly rural country, as three-quarters of its land makes rural areas, and about half of the residents are residing in these rural regions. Serbian farming is the segment that is very vital for the overall economy of the nation in respect of resources, contribution to the GDP and employment along with significance for rural regions and residents.…”

Section: Stratford Peer Reviewed Journals and Book Publishing Journal...mentioning

confidence: 99%

Contributions of Agriculture to the Rural Development in Mexico

2022

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Maize is the most extensive crop grown in Mexico. It is estimated that 3 million farmers cultivate maize, 67 percent is grown on small farms mainly for self-consumption, 23 percent on mediumsized farms and only 10 percent on commercial farms. Thus, the study sought to examine the contributions of agriculture to rural development in Mexico. The study was literature-based and the findings were based on the findings from the previous studies. The study results show that agriculture is one of the critical factors that increase the economic development of a country. In most developing countries, agriculture is considered a back born for development. It was noted that in some the countries such as Mexico, agriculture contributes more than 13% to the GDP. The study noted that maize farming is one most practiced in Mexico. Concentrating and putting more effort into agriculture and rural development is necessary for making it possible for growing nations to tackle the essential concerns of food security, reducing poverty and economic growth. The study discovered that the increasing agricultural surplus triggered by improvement in agricultural production and productivity tends to boost social welfare, especially in rural areas. The study concluded that farming and particularly maize farming increases productivity. In addition, the study concluded that agriculture is a reliable driver for development and an essential basis for prosperous income for the majority of nations that depend on agriculture. Consequently, the study recommended that more efforts need to be put into farming. The government needs to increase subsidies to the farmers. The farmers need to be trained on the most effective inputs to be used during the farming. Proper measures are required to strengthen agriculture and attain greater development. The government and policymakers ought to start a diversity and increase appropriation in terms of budgeting for the farming sector. Also, there is a need to guarantee rural farmers a ready market for their agricultural products to avoid wastage and encourage them to do more in the agricultural sector.

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Section: Stratford Peer Reviewed Journals and Book Publishing Journal...mentioning

confidence: 99%

Contributions of Agriculture to the Rural Development in Mexico

2022

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“…It is also a well-known practice that some western countries have introduced credit quotas in order to force banks to direct loans in the interest of development. The largest number of employees in companies from the processing industry sector (14) evaluates the importance of the factor Sources of financing with a very good grade, while the largest number of employees in companies engaged in agriculture (10) evaluates this factor with a good and very good grade (Table 4). No statistically significant differences were found (χ2 = 2.473, p> 0.05) in the assessment of the factor Sources of financing with regard to the enterprise sector.…”

Section: Financing Sourcesmentioning

confidence: 99%

“…Good decisions are those that are based on timely and comprehensive information, obtained by applying appropriate criteria, that are made at the optimal time, and that are tested in terms of the sensitivity of the decision to the accuracy of the assumptions on which it is based. The largest number of employees from the processing industry (14) and agriculture (10) rate the Investment decisions' risk factor with a very good score (Table 6). No statistically significant differences were found (χ2 = 3.267, p> 0.05) in the assessment of the Risk of investment decisions factor with regard to the enterprise sector.…”

Section: Investment Decisions' Riskmentioning

confidence: 99%

Investment policy factors of enterprises in Serbia: Agriculture and processing industry sectors

Aničić

Vukotić

Aničić

et al. 2021

Ekonomika poljoprivrede

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In this paper, the authors research and analyze the impact of factors that decisively influence making investment decisions in enterprises operating in the agriculture and processing industry sectors. The fact is that significant foreign direct investments have been coming to Serbia for many years, but the development gap with comparable countries in Central and Eastern Europe is not decreasing. Analysis show that economic development cannot be left only to the market and foreign investments, but an appropriate economic policy is needed to encourage public and private investments, based on domestic savings. Authors believe that companies from agriculture and processing industry should be carriers of economic growth and development, employment, exports and the creation of new value, but they need a stable and predictable business environment, as well as the support of official economic policy.

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“…The analysis of financial and economic indicators of agricultural production in the region, based on the analysis of industry enterprises, is of great importance both for government authorities that form investment and tax policy, and for potential investors and partners, as well as for the heads of companies. The method of integral estimates [1][2][3][4][5][6][7][8]11], which takes into account the relationship between various indicators of the enterprise, allows to track the possible dynamics of its development, currently is quite widespread. However, it has significant disadvantages associated with a subjective approach to determining expert assessments and does not take into account the specific (sectors) features of the enterprise [10][11][12][13][14].…”

Section: Introductionmentioning

confidence: 99%

“…For evaluating financial and economic state of a particular sectors in a particular region, there are techniques that are usually based on the analysis of some aggregate indicators and do not allow for analysis of financial and economic condition of the sector in the region based on performance of individual enterprise is taken from open internet sources. The purpose of this research is to develop and test a new methodology that allows performing financial and economic analysis of enterprises in a particular industry based on open Internet data sources, using classical methods of intellectual data mining (IDM) and a system of fuzzy logical conclusions [2,5,13]. To achieve this purpose, the following tasks have been set and solved.…”

Section: Introductionmentioning

confidence: 99%

Analysis of financial and economic indicators of agricultural enterprises in the region based on open data sources

2020

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The article presents and tested a new technique that allows performing financial and economic analysis of enterprises in a given industry in order to optimize its management, based on open internet data sources, using licensed software, as well as on the basis of classical methods of intellectual data mining (further - IDM), as well as systems of fuzzy logic conclusions. The main advantages of this technique are independence in obtaining data and its universality. With a little improvement, this technique can be used to analyze enterprises in almost any sectors of OKVED. In the future, it is planned to develop a new software package that allows you to perform financial and economic analysis of enterprises in a given sector in automatic mode.

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Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia

Cited by 5 publications

References 24 publications

Contributions of Agriculture to the Rural Development in Mexico

Contributions of Agriculture to the Rural Development in Mexico

Investment policy factors of enterprises in Serbia: Agriculture and processing industry sectors

Analysis of financial and economic indicators of agricultural enterprises in the region based on open data sources

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