Title of article :
EFFICIENCY OF BUDGET EXPENDITURES TO SUPPORT INVESTMENT IN THE AGRICULTURE: EUROPEAN AND NATIONAL PROGRAMMES
Author/Authors :
Střeleček, F. University of South Bohemia - Faculty of Economics - Department of Accounting and Finances, Czech Republic , Lososová, J. University of South Bohemia - Faculty of Economics - Department of Accounting and Finances, Czech Republic , Zdeněk, R. University of South Bohemia - Faculty of Economics - Department of Accounting and Finances, Czech Republic
Abstract :
Low rate of investment influences the cost/revenue ratio and the efficiency of agricultural production and an overall competitiveness of agricultural production consequently. Based on the development of gross and net investment and a labour productivity in the Czech Republic in comparison with the EU, this paper analyses the need to support investment in agriculture. It further compares subsidies from public resources to support a modernization of agricultural holdings and the efficiency of measures of individual resources. From comparison it follows that highly effective is support from SGAFF – the support multiplier reaches 5.5
Keywords :
investment , agricultural policy , subsidies , EU programmes
Journal title :
Scientia Agriculturae Bohemica
Journal title :
Scientia Agriculturae Bohemica
