Sector-Wide and Country-Specific Drivers of Firm Performance in the Visegrad Group Dairy Industry
| Autor: | Gabriela Chmelíková, Ivo Zdráhal, Ivana Blažková |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
business.industry
Economics Econometrics and Finance (miscellaneous) Geography Planning and Development International economics Management Monitoring Policy and Law Market concentration Gross national product Industrial policy Agricultural and Biological Sciences (miscellaneous) Competition (economics) Agriculture media_common.cataloged_instance Profitability index Business European union Agribusiness media_common |
| Zdroj: | Agris on-line Papers in Economics and Informatics. 10:89-100 |
| ISSN: | 1804-1930 |
| Popis: | The paper investigates the effects of sector-wide and country-specific determinants on profitability of the dairy industry in the Czech Republic, Slovakia, Poland and Hungary over the period of years 2006- 2014. Using an econometric approach, a hypothesis about the impact of various drivers of firm performance on both sector and country level was tested. The findings confirm that these factors have a significant impact on the dairy firms’ performance in the V4 countries. It was found out that foreign competition measured by the import penetration ratio had significant negative impact on dairy firm performance. The positive development of GDP and market concentration affected profitability positively. The results could help in designing common agricultural and industrial policy in the European Union as well as in managing the mutual trade of milk products in V4 countries. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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