IDEAS home Printed from https://ideas.repec.org/a/caa/jnlage/v66y2020i4id117-2019-agricecon.html
   My bibliography  Save this article

Economic outcomes in relation to farmers' age in the Czech Republic

Author

Listed:
  • Zuzana Hlouskova
  • Marie Prasilova

    (Department of Statistics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic)

Abstract

The current paper aims to assess farming enterprise outcomes in the Czech Republic from a socio-economic perspective. The relationship between the age of a farms' managers and its economic results has been analysed for 1 351 farms using the FADN (Farm Accountancy Data Network) database in order to determine whether farms' economic results differ on the basis of the age of their managers. Our analysis confirms that there is indeed a correlation between manager age and a farming enterprise's economic results. The results have been analysed in detail according to the age groups of managers and farm owners, farm specialization, and farm size. The farm net value added per annual work unit reached the best values in businesses managed by young farmers in crop production (EUR 34 445) and young farmers in large enterprises (EUR 43 400). The oldest farmers, specializing in milk production, had the highest level of indebtedness (0.39). The data reveal that the age of farmers is inversely proportional to the level of indebtedness, with level of debt decreasing with increasing farmer age. A Mann-Whitney U test (with Bonferroni correction) confirms a statistically significant difference between young farmers and the remaining three age groups in the ratio of production to cost.

Suggested Citation

  • Zuzana Hlouskova & Marie Prasilova, 2020. "Economic outcomes in relation to farmers' age in the Czech Republic," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(4), pages 149-159.
    • Handle: RePEc:caa:jnlage:v:66:y:2020:i:4:id:117-2019-agricecon
    DOI: 10.17221/117/2019-AGRICECON
    as

    Download full text from publisher

    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/117/2019-AGRICECON.html
    Download Restriction: free of charge
    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/117/2019-AGRICECON.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.17221/117/2019-AGRICECON?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Vlada VITUNSKIENE & Vida DABKIENE, 2016. "Framework for assessing the farm relative sustainability: a Lithuanian case study," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(3), pages 134-148.
    2. Luís Cruz & Pedro N Ramos & Eduardo Barata & Ana L Sargento, 2017. "Assessing an agri-food development strategy: a bi-regional input–output model with resource-constrained sectors," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 44(5), pages 860-882.
    3. May, Daniel & Arancibia, Sara & Behrendt, Karl & Adams, John, 2019. "Preventing young farmers from leaving the farm: Investigating the effectiveness of the young farmer payment using a behavioural approach," Land Use Policy, Elsevier, vol. 82(C), pages 317-327.
    4. Morais, Manoela & Binotto, Erlaine & Borges, João Augusto Rossi, 2017. "Identifying beliefs underlying successors’ intention to take over the farm," Land Use Policy, Elsevier, vol. 68(C), pages 48-58.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Para Jansuwan & Kerstin K. Zander, 2021. "Getting Young People to Farm: How Effective Is Thailand’s Young Smart Farmer Programme?," Sustainability, MDPI, vol. 13(21), pages 1-18, October.
    2. Qiangqiang Zhang & Jiaying Tian & Jie Zheng & Nazir Muhammad Abdullahi & Xuexi Huo, 2022. "How Does Land Tenure Security Affect Farm Succession? Evidence from Apple Growers in China," Land, MDPI, vol. 11(7), pages 1-13, July.
    3. Karahan, Mizgin & Abay, Canan & Ito, Ryoji, 2023. "Determining Factors of Retaining Young Farmers in Agriculture: A Case study in Turkey and Japan," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 15(2), June.
    4. İlkay Unay-Gailhard & Mark A. Brennen, 2022. "How digital communications contribute to shaping the career paths of youth: a review study focused on farming as a career option," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 39(4), pages 1491-1508, December.
    5. Alexandros Gkatsikos & Dimitrios Natos & Christos Staboulis & Konstadinos Mattas & Michail Tsagris & Apostolos Polymeros, 2022. "An Impact Assessment of the Young Farmers Scheme Policy on Regional Growth in Greece," Sustainability, MDPI, vol. 14(5), pages 1-12, March.
    6. Chemerys, Vasyl & Dushka, Vitalii & Dorosh, Mariana & Maksym, Volodymyr, 2020. "Export potential of the livestock breeding industry of Ukraine," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 6(3), September.
    7. May, Daniel & Arancibia, Sara & Behrendt, Karl & Adams, John, 2019. "Preventing young farmers from leaving the farm: Investigating the effectiveness of the young farmer payment using a behavioural approach," Land Use Policy, Elsevier, vol. 82(C), pages 317-327.
    8. Ogawa, Keishi & Garrod, Guy & Yagi, Hironori, 2023. "Sustainability strategies and stakeholder management for upland farming," Land Use Policy, Elsevier, vol. 131(C).
    9. Isabeau Coopmans & Joost Dessein & Francesco Accatino & Federico Antonioli & Camelia Gavrilescu & Piotr Gradziuk & Gordana Manevska‐Tasevska & Miranda Meuwissen & Mariya Peneva & Bárbara Soriano & Jul, 2020. "Policy directions to support generational renewal in European farming systems," EuroChoices, The Agricultural Economics Society, vol. 19(2), pages 30-36, August.
    10. Bojnec, Štefan & Fertő, Imre, 2022. "Do different types of Common Agricultural Policy subsidies promote farm employment?," Land Use Policy, Elsevier, vol. 112(C).
    11. Stefan Mann, 2021. "Synthesizing Knowledge about Structural Change in Agriculture: The Integration of Disciplines and Aggregation Levels," Agriculture, MDPI, vol. 11(7), pages 1-14, June.
    12. Yuanyuan Zhu & Yukuan Wang & Bin Fu & Qin Liu & Ming Li & Kun Yan, 2021. "How Are Rural Youths’ Agricultural Skills? Empirical Results and Implications in Southwest China," Agriculture, MDPI, vol. 11(9), pages 1-17, September.
    13. Imre Kovách & Boldizsár Gergely Megyesi & Attila Bai & Péter Balogh, 2022. "Sustainability and Agricultural Regeneration in Hungarian Agriculture," Sustainability, MDPI, vol. 14(2), pages 1-14, January.
    14. Dudek, Michał & Pawłowska, Aleksandra, 2022. "Can succession improve the economic situation of family farms in the short term? Evidence from Poland based on panel data," Land Use Policy, Elsevier, vol. 112(C).
    15. Anthony Siaw & Yuansheng Jiang & Martinson Ankrah Twumasi & Wonder Agbenyo, 2020. "The Impact of Internet Use on Income: The Case of Rural Ghana," Sustainability, MDPI, vol. 12(8), pages 1-16, April.
    16. Unay‐Gailhard, İlkay & Brennan, Mark A., 2023. "Young farmers in “The New World of Work”: The contribution of new media to the work engagement and professional identities," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 88(2), pages 426-460.
    17. Hyytiä Nina, 2020. "Russian Food Import Ban – Impacts on Rural and Regional Development in Finland," European Countryside, Sciendo, vol. 12(4), pages 506-526, December.
    18. Samal Kaliyeva & Francisco Jose Areal & Yiorgos Gadanakis, 2020. "Attitudes of Kazakh Rural Households towards Joining and Creating Cooperatives," Agriculture, MDPI, vol. 10(11), pages 1-20, November.
    19. Prince, Nick & Maye, Damian & Ilbery, Brian & Kirwan, James, 2022. "‘Real’ regulation and property relations on agricultural estates: Reducing opportunities for new entrants to agriculture," Land Use Policy, Elsevier, vol. 114(C).
    20. Hongyu Wang & Apurbo Sarkar & Lu Qian, 2021. "Evaluations of the Roles of Organizational Support, Organizational Norms and Organizational Learning for Adopting Environmentally Friendly Technologies: A Case of Kiwifruit Farmers’ Cooperatives of Me," Land, MDPI, vol. 10(3), pages 1-23, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:caa:jnlage:v:66:y:2020:i:4:id:117-2019-agricecon. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://www.cazv.cz/en/home/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.