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Changes in the performance of the agricultural sector in Hungary due to the 2008 economic crisis and COVID-19 pandemic

Author

Listed:
  • Lencsés Enikő
  • Bajkó Norbert

    (Hungarian University of Agricultural and Life Sciences, Hungary)

  • Hegedűs Szilárd

    (Budapest Business University, Hungary)

Abstract

The paper examines two of the most important sectors of agriculture, crop and livestock production, in a time series analysis. The authors analyzed the number of enterprises, the number of employees, labor costs, turnover, and balance sheet total, and also assessed the evolution of liquidity and profitability in the two sectors, broken down by size.

Suggested Citation

  • Lencsés Enikő & Bajkó Norbert & Hegedűs Szilárd, 2023. "Changes in the performance of the agricultural sector in Hungary due to the 2008 economic crisis and COVID-19 pandemic," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 16(3), pages 367-383, September.
    • Handle: RePEc:vrs:ecoreg:v:16:y:2023:i:3:p:367-383:n:3
    DOI: 10.2478/ers-2023-0023
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    References listed on IDEAS

    as
    1. Łukaszuk, Krzysztof, 2020. "Agriculture Loans In Cooperative Banks Of The Podlaskie Voivodeship," Economic and Regional Studies (Studia Ekonomiczne i Regionalne), John Paul II University of Applied Sciences in Biala Podlaska, vol. 13(4), December.
    2. Friedrich Heinemann & Stefani Weiss, 2018. "The EU Budget and Common Agricultural Policy Beyond 2020: Seven More Years of Money for Nothing?," EconPol Working Paper 17, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    3. Alan Matthews, 2020. "The new CAP must be linked more closely to the UN Sustainable Development Goals," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 8(1), pages 1-4, December.
    4. Kinga Biró & Mária Szalmáné Csete, 2021. "Corporate social responsibility in agribusiness: climate-related empirical findings from Hungary," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 5674-5694, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    sector analysis; turnover; balance sheet total; indicators; economic efficiency; Q04; E32; F65; G01;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G01 - Financial Economics - - General - - - Financial Crises

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