Economic overview of the distribution channels used by Eastern European small farms for their agricultural products

Ristanović, Vladimir; Tošović-Stevanović, Aleksandra; Maican, Silvia; Muntean, Andreea

doi:10.17221/168/2022-agricecon

Cited by 4 publications

(4 citation statements)

References 19 publications

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“…Various models have been developed and used effectively for the decision-making problem considering several factors/criteria [31,32]. Saaty's Analytical Heuristic Process (AHP method) has been widely used for several decades in numerous sec-tors of the economy, mining [33], agroeconomy [34], the IT sector [35], banking [36], sustainable development [26], etc. Rezeai's Best-Worst Method (BWM) is a newer MCDM technique that resolves the inconsistency of pairwise comparisons.…”

Section: General Reviewmentioning

confidence: 99%

The Importance of Green Investments in Developed Economies—MCDM Models for Achieving Adequate Green Investments

Ristanović,

Primorac,

Dorić

2024

Preprint

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Green investments help to create less harmful alternatives and adequate funds that contribute to economic growth, sustainable development, and social well-being. The applied methods are empirical and analytical based on the study of literature, multi-criteria modelling, determination of weights, and ranking of criteria in deciding green investments mapping of indicators, and monitoring of progress towards green growth through official OECD data. The analysis uses official sources on indicators related to the green economy and the environment. Multi-criteria decision-models (MCDM) were used to select adequate green investments, where instead of indicators from the official OECD-database, investors use the areas in which the indicators are distributed. According to the findings of AHP, half of the investments in the green economy come from public sources (0.51), and the other half are private (0.25), and institutional investors (0.24). While, BWM reveals that the best criterion for the decision to invest in the green economy is the environmental and resource productivity of the economy, and the worst is the base of natural assets. This paper aims to enable decision-makers to use these results as weights for the overall assessment of green investments in ESG and to simplify the decision-making approach in future analyses.

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Section: General Reviewmentioning

confidence: 99%

The Importance of Green Investments in Developed Economies—MCDM Models for Achieving Adequate Green Investments

Ristanović,

Primorac,

Dorić

2024

Preprint

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“…Hybrid models are being developed, and new methods are emerging. These tools cover almost all areas of the business world, for example, the area of public investment [26], energy efficiency [17], diagnostics in medicine [36], the food industry [6], renewable energy production [4,28], banking services [69], forecasting carbon price [2], location selection [43], distribution channels in the agricultural economy [56,66], the choice of technology in urban wastewater treatment [54], assessing the quality scientific outputs [60], metaheuristic-based optimization algorithms [19], and, more importantly, in the field of risk management [32,37,38], especially in the area of operational risk [55].…”

Section: Introductionmentioning

confidence: 99%

Multi-criteria Decision-Making on Operational Risk in Banks

Ristanović¹,

Knežević²

2023

Proceedings of the 1st International Conference on Innovation in Information Technology and Business (ICIITB 2022)

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The frequency of application of different multi-criteria decisionmaking methods in business and financial problems is justified by the diversity and complexity of business decisions. The methods enable analysts and decisionmakers to assess when making a decision. This research aims to present the contribution of multi-valued relationship methods in assessing operational risks in banks operating in Serbia. The article shows that the multi-criteria approach used in the initial phase of identifying operational risk increases the potential of bank management for further risk management, particularly in operational risk management (ORM). The research also included a comparative analysis of the results obtained by various MCDM methods, which were more concerned with business risk analysis. An example of a decision-making problem in operational risk management is presented, showing how the issue of decision-making in operational risk management is structured using the BWM method. The use of the BWM method proved to be highly acceptable for decision-makers in banks compared to other models. In all MCDM models, external factors and human resources rank first. The results unequivocally indicated the significant influence of external factors on banking operations -the consequences of the COVID-19 pandemic, part-time work, hacker attacks, economic policy, and adjustment of the economy to epidemiological restrictions. The approach is simple and provides an effective method that can be successful in solving other decision-making problems.

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“…The role of small farms in agricultural production is particularly important for less developed economies, with a high share of agriculture in GPD and a lower level of national income. These economies have a high share of small-scale farms in the total number of registered farms measured by the size of an agricultural holding (Ristanović et al, 2022).…”

Section: Introductionmentioning

confidence: 99%

Evaluation of economic results of agricultural enterprises in the Nitra region

Matušek¹,

Ladvenicová²

2023

MERAA

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The paper deals with the economic analysis of agricultural enterprises in the Nitra region in the years 2017-2021. The agricultural sector is undergoing extensive changes in terms of size, production structure, and business activities. The main objective of enterprises is to make a profit. In economics, profit is the difference between revenue earned and costs incurred, and it is generated if revenue exceeds costs. The paper's main objective is to analyse the development of agricultural cooperatives in the Nitra region for the period 2017 -2021. From the economic point of view, we have analysed the costs, revenues and EBT, and quantified the profitability indicators of costs and revenues. The cost profitability indicator follows the revenue profitability indicator. The agricultural cooperatives achieved a profit before tax (EBT) in each of the years analysed, which positively affected the indicators. The individual years were compared using a z-test and when comparing the years (2017, 2019), (2017, 2020) and (2018, 2020), a statistically significant difference in the economic results was found.

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Economic overview of the distribution channels used by Eastern European small farms for their agricultural products

Cited by 4 publications

References 19 publications

The Importance of Green Investments in Developed Economies—MCDM Models for Achieving Adequate Green Investments

The Importance of Green Investments in Developed Economies—MCDM Models for Achieving Adequate Green Investments

Multi-criteria Decision-Making on Operational Risk in Banks

Evaluation of economic results of agricultural enterprises in the Nitra region

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