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Differences in the Economic Situation of Organic and Conventional Winemaking Enterprises

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  • Vlašicová, Eliška
  • Náglová, Zdeňka

Abstract

The number of organic farms in the Czech Republic is increasing as well as the number of organic winemaking enterprises. The article deals with an evaluation and comparison of the economic situation of organic and conventional winemaking enterprises in the Czech Republic. An economic analysis of the 75 enterprises accounting data from 2007 to 2011 has been done. The financial analysis indicators, bankruptcy models, efficiency indicator and performance indicators were calculated. In order to compare the values of the respective indicators the t-test was used. The performed analysis confirmed a better economic situation of organic winemaking enterprises. Winemaking businesses – whether organic or conventional – are capable of a good financial management and generate profit even without the aid of any subsidies. This article was created as a part of IGA 20141046 project.

Suggested Citation

  • Vlašicová, Eliška & Náglová, Zdeňka, 2015. "Differences in the Economic Situation of Organic and Conventional Winemaking Enterprises," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 7(3), pages 1-9, September.
    • Handle: RePEc:ags:aolpei:231870
    DOI: 10.22004/ag.econ.231870
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    References listed on IDEAS

    as
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    4. Zdeněk Hicl, 2012. "Evaluation of viniculture and viticulture in the Czech Republic from the perspective of industry and prediction of development until 2020 according to selected variables," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 60(7), pages 89-100.
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