The Analysis of the Age Structure of Regional Fixed Capital in the Agriculture

Mazouch, Petr; Krejčí, Igor

doi:10.7160/aol.2016.080207

Cited by 3 publications

(3 citation statements)

References 22 publications

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“…To avoid the instability and oscillation of the herd structure [87][88][89], the optimal purchases of the heavily pregnant heifers were limited by the culling fraction (7%). The objective function was set to maximise the aggregated cash flow revaluated to prices of 2016.…”

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confidence: 99%

Traps and Opportunities of Czech Small-Scale Beef Cattle Farming

et al. 2019

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Small farmers represent a majority of the European Union (EU) farming sector and are considered the cornerstone of both the current and future sustainable EU agriculture. The dynamic complexity of livestock systems hinders the understanding of its behaviour, as well as recognizing the causes of problems and sources of resistance to applied policies and strategies. Livestock system behaviour needs to be understood in order to find leverage points and identify efficient solutions. The presented study depicts issues of small-scale beef cattle farmers in the market environment from a systemic perspective. The common complexity of managing a company increases with biological processes characterized by very long time periods, especially in the case of beef cattle farming. The scenarios analysed by the computer simulation model presented in the study evaluate the benefits of basic diversification into meat processing and a farm-to-table approach. The direct contact of the farmer with the final consumers represents increased demand and requirements on farmers’ entrepreneurship; nevertheless, such a strategy is a significant growth driver that allows faster maximisation of the farm’s output, accelerates the return of the investments, strengthens the market position of the farmer, and increases the farm’s sustainability.

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confidence: 99%

Traps and Opportunities of Czech Small-Scale Beef Cattle Farming

et al. 2019

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“…For enterprises located in NON LFA, the starting relative age is lower, but the growth rate is higher (1.4 pp per year) -the relative age of the buildings is 48.1% as a consequence. Mazouch and Krejci (2016) liken investments to demography -an occasional growth of investment represents a burden for the future. A short-run benefit in the form of big investments (for example as a result of an operational program) and therefore a drop in the average age is compensated in the long-run when the surviving part of the old investment pulls the average age up.…”

Section: Resultsmentioning

confidence: 99%

“…So our results do not generally meet with the conclu- Krejci et al (2015), whose presented results show the decreasing average age of machinery and equipment. But for machinery and equipment, it implies that a stable age in the industry means using adequate investment to avoid possible future problems (Mazouch and Krejci 2016).…”

Section: Resultsmentioning

confidence: 99%

Investments of Czech farms located in less favoured areas after EU accession

Zdeněk¹,

Lososová²

2020

AGR ECON-CZECH

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This paper investigates the development and structure of the fixed assets of Czech farms and their investment behaviour. We use data from a long-term (2003–2016) survey of farms and categorise farms into three groups according to their share of agricultural land in less favoured areas. The development of tangible fixed assets and their structural development points to the importance of investments to agricultural holdings. Above all, there is an extensive trend of investing in the land, but purchases of land are likely to affect the growth of the relative age of tangible fixed assets, especially the obsolescence of buildings that are not sufficiently modernised by farms. Results of the accelerated model indicate that there is an absence of soft budget constraints but a presence of capital imperfections and high importance of both operating and investment subsidies when deciding on investments in fixed assets.

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