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Economic and Environmental Performance of the Agricultural Sectors of the Selected EU Countries

Author

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  • Artiom Volkov

    (Lithuanian Institute of Agrarian Economics, A. Vivulskio str. 4A-13, 03220 Vilnius, Lithuania)

  • Mangirdas Morkunas

    (Faculty of Economics and Business, Mykolas Romeris University, Ateities str. 20, LT-08303 Vilnius, Lithuania)

  • Tomas Balezentis

    (Lithuanian Institute of Agrarian Economics, A. Vivulskio str. 4A-13, 03220 Vilnius, Lithuania)

  • Vaida Šapolaitė

    (Lithuanian Institute of Agrarian Economics, A. Vivulskio str. 4A-13, 03220 Vilnius, Lithuania)

Abstract

This paper aims at to identify the differences in the performance of the agricultural sectors in the selected European Union Member States. The research covers 21 countries in the period from 2007–2017. The paper uses data from the Farm Accountancy Data Network (FADN). Three types of sectors were considered: Crop farming (wheat and rapeseed), specialist milk, and specialist cattle. The sector’s performance was measured by calculating the aggregate scores using the VIKOR technique. The panel regression model was also used to estimate and assess the technical and economic determinants of the sector’s performance. The obtained results indicated that the new EU Member States showed higher levels of performance compared to the old Member States. This finding may be attributed to the fact that some of the production factors in the new EU Member States are still under-valued compared to those of the old EU Member States.

Suggested Citation

  • Artiom Volkov & Mangirdas Morkunas & Tomas Balezentis & Vaida Šapolaitė, 2020. "Economic and Environmental Performance of the Agricultural Sectors of the Selected EU Countries," Sustainability, MDPI, vol. 12(3), pages 1-17, February.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:3:p:1210-:d:317968
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