Economic performances of agriculture of CEFTA and former CEFTA countries

Birovljev, Jelena; Đokić, Danilo; Matkovski, Bojan; Kleut, Žana

doi:10.5937/ekopolj1704413b

Cited by 5 publications

(5 citation statements)

References 5 publications

(6 reference statements)

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“…The profitability of agricultural companies in Serbia and other transitional economies has been studied from various aspects in the past decade. Birovljev, Đokić, Matkovski, and Kleut (2017) argue that the performances of the agricultural sector in CEFTA (Central European Free Trade Agreement) countries are far from the performances in the European Union (EU). Jakšić, Zekić, Ristić, and Mijić (2016) find that the profitability of agricultural companies in the EU is considerably higher than the profitability of agricultural companies in non-EU Southeastern European countries, though countryspecific characteristics can be more important determinants of profitability than EU membership.…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Determinants of profitability of the agricultural sector of Vojvodina: The role of corporate income tax

Vržina¹,

Dimitrijević²

2020

EurJ Appl Econ

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Due to considerable share in total employment and foreign trade exchange, agriculture represents an important sector of the Serbian economy. It is, therefore, necessary to continuously analyze the financial performance of agricultural companies and key determinants of financial performance. The objectives of this paper are to analyze the corporate income tax burden of agricultural companies in Vojvodina, as well as its impact on company profitability. Statistical tests showed that effective corporate income tax rates (ETRs) in agricultural companies are significantly lower than the statutory corporate income tax rate. Furthermore, nearly 69% of observations have both a current ETR and cash ETR of 0%, which indicates that agriculture is an industry with an exceptionally low corporate income tax burden. Panel regression showed that agricultural companies with lower ETRs are more profitable than companies with higher ETRs. Results of the analysis are not sensitive to changes in corporate income tax burden and profitability proxies.

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Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Determinants of profitability of the agricultural sector of Vojvodina: The role of corporate income tax

Vržina¹,

Dimitrijević²

2020

EurJ Appl Econ

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“…As far as econometric modelling using the gravity model is concerned, previous research also indicates a significant and positive effect of the CEFTA agreement on export flows of agrifood products (Dragutinović-Mitrović & Popović-Petrović, 2013, Matkovski et al, 2018a, Matkovski et al, 2018b. However, given the importance of agriculture and especially the agri-food sector for all the aforementioned economies of the CEFTA region, the current level of competitiveness at the overall regional level implies there is an need to improve this competitiveness (Birovljev et al, 2017).…”

Section: Discussionmentioning

confidence: 99%

How CEFTA influenced the competitiveness of agri-food trade in the Western Balkans

2022

Self Cite

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The regional integration with the CEFTA significantly influenced the liberalisation of the market, which led to an increase in exports of agri-food products in the Western Balkan economies. The main objective of this paper is to examine the impact of the CEFTA on the export of agrifood products of Western Balkan economies on the global and regional markets. In this context, comparative advantages have been analysed, and the gravity model based on panel data has been estimated. According to the results, all the Western Balkan economies have comparative advantages in exporting on the international market. Results of the gravity model estimation showed that free trade agreements with the CEFTA positively affected the intensification of agri-food product exports. Western Balkan economies have similar economic development and competitiveness levels. Thus, reintegrating the market established by CEFTA affected the export of agri-food products.

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“…Zekić et al (2018) used this method to rank EU countries according to the impact of agriculture on the environment. When studying the economic performances of agriculture, Birovljev et al (2017) also used this method to rank former CEFTA countries.…”

Section: Methodsmentioning

confidence: 99%

Food security and European migrant crisis: Case of Mediterranean area

2021

New Medit

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This paper focuses on a possible connection between food security and the migrant crisis that began in 2015, which had a tremendous impact on the European Union as well as on the Mediterranean area. The goal of this paper is to determine if there is a correlation between the number of migrants and the levels of food security in both their homeland countries and destination countries. The Promethee method was used to attempt to answer this question. Unfortunately, the analysis is limited due to lack of data for certain countries concerning food security caused by current poor political situations. Nevertheless, the results showed that the best-ranked countries by food security are mostly EU countries. These countries do not have issues with food security, especially in comparison to countries in the Middle East. Also, countries with a high level of food security and political stability have the highest influx of migrants, which suggests there is also an economic motivation for migration. Finally, the analysis confirmed a strong correlation between countries’ achieved level of food security and the number of migrants.

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Economic performances of agriculture of CEFTA and former CEFTA countries

Cited by 5 publications

References 5 publications

Determinants of profitability of the agricultural sector of Vojvodina: The role of corporate income tax

Determinants of profitability of the agricultural sector of Vojvodina: The role of corporate income tax

How CEFTA influenced the competitiveness of agri-food trade in the Western Balkans

Food security and European migrant crisis: Case of Mediterranean area

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