Potential for pork production in the Czech Republic

Abstract

Abstract:The main aim of the paper was a partial analysis of the production potential for pig fattening in the czech republic. This aim was achieved by econometric modelling of the production function, which was specified as a cobb-Douglas function, with the level of average daily increase as the dependent variable, and feed compounds, mortality and weight of new stock as independent variables. The model was specified as a fixed effect model, and the parameters of the function were estimated by the method of least squares dummy variable, based on the ordinary least squares method. Verification of the estimated model was based on a t-test, coefficient of determination, Wald test, autoregressive test, and test of normality distribution of residuals. Subsequently, the estimated function was analysed and significant determinants of production were identified. The behaviour of the production functions was analysed for the average and marginal productions. The functions were also illustrated in graphs of production surfaces, from which the maps of isoproduction functions were derived. The isoproduction functions were used for the final analysis of the potential for pork production. The analysis was based on panel data from 32 farms focused on pig fattening, collected by our own survey. The research indicated significant differences between the surveyed farms. it also declared the most important factor of final production to be, with 99% probability, the new stock weight. The second most important determinant of final production is the feed compound A3, which is used in the final stage of fattening. For maximized production, the farmer should focus on the weight of pigs coming into fattening, choose the biggest one, and introduce the use of the feed compound A3. The results in the submitted paper should also be used by farmers to evaluate their production activity, and to compare their actual output with the theoretical value enumerated by the production function.Key words: production function, maps of isoproduction functions, allocation of production factors, exchange rate, rational stage Supported by the Ministry of Education, Youth and Sports of the czech republic (Projects no. MSM 6046070906 -Economics of resources of czech agriculture and their efficient use in the context of multifunctional agri-food systems).

Partial equilibrium model � Pork

“…For further development, the continuing liberalization of prices and a slight decline in the consumption of pork meat per capita are anticipated. Unless the stabilization of domestic production occurs as a result of market support or, on the other hand, regulation by state authorities, then we can expect a further increase in import, a decline in domestic slaughter and more difficulty with sales opportunities for pork meat as a result of an insufficiently speedy reaction of producers and processors to changed hygienic and veterinary regulations; for example, see Malý, Kroupová et al (2011).…”

Моделювання Економічної Ефективності Вирощування Свиней У Сільськогосподарських Підприємствах

“…Також варто виділити наукову роботу V. Hedija та M. Kuncová, які досліджували зв'язок між показниками ефективності й прибутковості на прикладі чеського сектора свинарства [8]. Науковці M. Malý, Z. Kroupová, D. Žídková та інші [9] визначили та обґрунтували виробничий потенціал у свинарстві Чехії. Розроблено економічну модель динамічного пристосування сектора свинарства до епідемій тваринництва зі стохастичною тривалістю перебоїв у торгівлі [10].…”

Examination of market structure in selected livestock agri-food chains in the Czech Republic

“…Analyses of agri-food markets and price transmission can be found in several research papers and studies. Czech livestock agri-food chains have been analyzed in Malý (2009), Čechura et al (2010), Mach et al (2010), Maier, Pánková (2010), Malý et al (2011), Šobrová et al (2011) and Palát et al (2012), among others. Malý (2009) estimated a partial equilibrium model for the poultry market and, using an autoregressive distributed lag model, determined the long-term tendencies of the farm-gate price, wholesale price, and consumer price of poultry.…”

“…Mach et al (2010) defi ned the main production factors and examined their infl uence on the production of beef based on an estimated production function, while Maier, Pánková (2010) defi ned the main production factors and employed an estimated production function to examine the infl uence of these factors on the production of chicken. Malý et al (2011) defi ned the main production factors and examined their infl uence on the production of pork using an estimated production function. Šobrová et al (2011) estimated a partial equilibrium model describing the main determinants in the production of poultry, as well as its foreign trade and basic consumption tendencies.…”