IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxviiy2024i4p905-920.html
   My bibliography  Save this article

Revenues from Agritourism and their Determinants for the European Farms

Author

Listed:
  • Lucyna Przezborska-Skobiej
  • Roma Rys-Jurek

Abstract

Purpose: The main aim of this article is to show the revenues from agritourism and their determinants for the European farms. We answer the following questions: 1. How important are revenues from agritourism in relation to agricultural area, total revenues from output, inputs and family farm income for farms from the European Union in 2004-2022? 2. Does the importance of agritourism’s revenues change according to the geographical localization, economic size or type of farm production from the European Union in 2021? 3. What is the relation between agritourism’s revenues and other production, economic and financial categories (e.g., area, labour, costs, taxes, cash flow, investment)? Methodology: The research is based on the FADN (RICA) database. The scope of the research covers the years 2004-2022. The panel data models were used. Findings: The geographical location of the farm, its economic size and type of production determined revenues for the European agritourism farms. After conducting panel regression, it turns out that the revenues from agritourism are influenced by liabilities of the farm, and then there are differences between smaller and larger farms. Also each production type of farm had different determinants of revenues from agritourism. Assets and liabilities seemed to be the most important. Practical Implications: Revenues from agritourism is not a significant source of income for farms but it gives them a possibility to develop activity. It is worth knowing their importance and determinants, because farms are the main subject of the Common Agricultural Policy. Originality/Value: The article shows the income from agritourism according to the official financial data of the FADN database.

Suggested Citation

  • Lucyna Przezborska-Skobiej & Roma Rys-Jurek, 2024. "Revenues from Agritourism and their Determinants for the European Farms," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 905-920.
    • Handle: RePEc:ers:journl:v:xxvii:y:2024:i:4:p:905-920
    as

    Download full text from publisher

    File URL: https://ersj.eu/journal/3555/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jibin Baby & Dae-Young Kim, 2024. "Sustainable Agritourism for Farm Profitability: Comprehensive Evaluation of Visitors’ Intrinsic Motivation, Environmental Behavior, and Satisfaction," Land, MDPI, vol. 13(9), pages 1-18, September.
    2. Tew, Christine & Barbieri, Carla, 2012. "The perceived benefits of agritourism: The provider’s perspective," Tourism Management, Elsevier, vol. 33(1), pages 215-224.
    3. Salvatore Ammirato & Alberto Michele Felicetti & Cinzia Raso & Bruno Antonio Pansera & Antonio Violi, 2020. "Agritourism and Sustainability: What We Can Learn from a Systematic Literature Review," Sustainability, MDPI, vol. 12(22), pages 1-18, November.
    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. Anna Jeczmyk & Roma Rys-Jurek, 2024. "Comparative Analysis of Official Revenues from Agritourism in Italy and Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(Special B), pages 573-589.
    2. Alieh Abadi & Mehdi Khakzand, 2022. "Extracting the qualitative dimensions of agritourism for the sustainable development of Charqoli village in Iran: the promotion of vernacular entrepreneurship and environment-oriented preservation per," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(11), pages 12609-12671, November.
    3. Xiaowen Jin & Hao Wu & Jing Zhang & Guangming He, 2021. "Agritourism Development in the USA: The Strategy of the State of Michigan," Sustainability, MDPI, vol. 13(20), pages 1-14, October.
    4. Andrzej Tucki & Korneliusz Pylak, 2021. "Collective or Individual? What Types of Tourism Reduce Economic Inequality in Peripheral Regions?," Sustainability, MDPI, vol. 13(9), pages 1-16, April.
    5. Maryam Mahmoodi & Michał Roman & Piotr Prus, 2022. "Features and Challenges of Agritourism: Evidence from Iran and Poland," Sustainability, MDPI, vol. 14(8), pages 1-20, April.
    6. Sofia Karampela & Alexis Andreopoulos & Alex Koutsouris, 2021. "“Agro”, “Agri”, or “Rural”: The Different Viewpoints of Tourism Research Combined with Sustainability and Sustainable Development," Sustainability, MDPI, vol. 13(17), pages 1-15, August.
    7. Miloš Ćirić & Dragan Tešanović & Bojana Kalenjuk Pivarski & Ivana Ćirić & Maja Banjac & Goran Radivojević & Biljana Grubor & Predrag Tošić & Olivera Simović & Stefan Šmugović, 2021. "Analyses of the Attitudes of Agricultural Holdings on the Development of Agritourism and the Impacts on the Economy, Society and Environment of Serbia," Sustainability, MDPI, vol. 13(24), pages 1-15, December.
    8. Chihkang Kenny Wu & Chia-Nan Wang & Thi Kim Trang Le & Nhat-Luong Nhieu, 2022. "Sustainable Agritourism Location Investigation in Vietnam by a Spherical Fuzzy Extension of Integrated Decision-Making Approach," Sustainability, MDPI, vol. 14(17), pages 1-24, August.
    9. Caoile, Roella Grace U & Ceria, Eleonor Joy C. & Jacinto, Christine Joy S. & Salome, Angel Veronica R. & Covita, Mayvelyn S., 2024. "Farming for the Future: Assessing Sustainable Practices among Farm Tourism Sites in Bagabag, Nueva Vizcaya," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(9), pages 3665-3702, September.
    10. Cosmin Alin Popescu & Tiberiu Iancu & Gabriela Popescu & Tabita Adamov & Ramona Ciolac, 2023. "The Impact of Agritourism Activity on the Rural Environment: Findings from an Authentic Agritourist Area—Bukovina, Romania," Sustainability, MDPI, vol. 15(13), pages 1-23, June.
    11. Tong Wu & Shida Rastegari Henneberry & John N. Ng’ombe & Richard T. Melstrom, 2020. "Chinese Demand for Agritourism in Rural America," Sustainability, MDPI, vol. 12(7), pages 1-11, April.
    12. Geyao Yang & Changchun Zhou & Jiekuan Zhang, 2023. "Does industry convergence between agriculture and related sectors alleviate rural poverty: evidence from China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(11), pages 12887-12914, November.
    13. Yung-Lun Liu & Jui-Te Chiang & Pen-Fa Ko, 2023. "The benefits of tourism for rural community development," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    14. Brunella Arru & Roberto Furesi & Fabio A. Madau & Pietro Pulina, 2019. "Recreational Services Provision and Farm Diversification: A Technical Efficiency Analysis on Italian Agritourism," Agriculture, MDPI, vol. 9(2), pages 1-15, February.
    15. Dubois, Charline & Cawley, Mary & Schmitz, Serge, 2017. "The tourist on the farm: A ‘muddled’ image," Tourism Management, Elsevier, vol. 59(C), pages 298-311.
    16. Thomas Streifeneder & Christian Hoffmann & Philipp Corradini, 2023. "The future of agritourism? A review of current trends of touristic commercialisation in rural areas," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(1), pages 93-119, August.
    17. Maria Giovanna Brandano & Linda Osti & Manuela Pulina, 2016. "An investigation on tourism farms in South Tyrol," BEMPS - Bozen Economics & Management Paper Series BEMPS35, Faculty of Economics and Management at the Free University of Bozen.
    18. Anders Van Sandt & Dawn Thilmany McFadden, 2022. "Navigating the corn maze: Customizing travel cost models to value market segments in heterogeneous industries," Tourism Economics, , vol. 28(4), pages 899-919, June.
    19. M. Farzana Halim & Carla Barbieri & Duarte B. Morais & Susan Jakes & Erin Seekamp, 2020. "Beyond Economic Earnings: The Holistic Meaning of Success for Women in Agritourism," Sustainability, MDPI, vol. 12(12), pages 1-16, June.
    20. Salvatore Ammirato & Alberto Michele Felicetti & Cinzia Raso & Bruno Antonio Pansera & Antonio Violi, 2020. "Agritourism and Sustainability: What We Can Learn from a Systematic Literature Review," Sustainability, MDPI, vol. 12(22), pages 1-18, November.

    More about this item

    Keywords

    Agritourism; Europe; FADN; family farm; income; revenues.;
    All these keywords.

    JEL classification:

    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

    Statistics

    Access and download statistics

    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:ers:journl:v:xxvii:y:2024:i:4:p:905-920. 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: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    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.