2016
DOI: 10.5937/ekopolj1602485z
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Profitability gap in the milk production chain: Evidence from Serbia

Abstract: SummaryThe main goal of this paper is to compare profitability of large dairies (processors)

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Cited by 3 publications
(2 citation statements)
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“…Agricultural and food sector has a very important role in the economic development of the Republic of Serbia, considering its significant participation in domestic export (Đurić et al, 2017). Milk production is one of the essential sectors of Serbian agriculture, and therefore the survival of the whole production system is in the public interest (Zekić et al, 2016). Although according to Eurostat (Milk and Milk Products Statistics, 2017), the production is generally lower in Serbia than in more developed countries of the European Union (according to milk production, Serbia is ranked 31st place), there are tendencies of its growth.…”
Section: Introductionmentioning
confidence: 99%
“…Agricultural and food sector has a very important role in the economic development of the Republic of Serbia, considering its significant participation in domestic export (Đurić et al, 2017). Milk production is one of the essential sectors of Serbian agriculture, and therefore the survival of the whole production system is in the public interest (Zekić et al, 2016). Although according to Eurostat (Milk and Milk Products Statistics, 2017), the production is generally lower in Serbia than in more developed countries of the European Union (according to milk production, Serbia is ranked 31st place), there are tendencies of its growth.…”
Section: Introductionmentioning
confidence: 99%
“…Based on explanation above, financial ratio such as Price to Book Value (PBV), Dividend Payout Ratio (DPR), and Earning per Share (EPS) should be considered by investors who want to invest their money in stocks. [2] Profitability gap analyzis shows that milk processors achieved significantly higher profitability compared to cow breeders. Furthermore research results suggest that the existence of differences in the level of profitability among the participants in the milk production primarily affects capital turnover, and then the profit margin.…”
Section: Introductionmentioning
confidence: 99%