Evaluation of Effects of Investment Support in the Czech Dairy Industry
The article deals with investment subsidies which were drawn by enterprises of the dairy industry in 2007–2013. It is a subsidy within the Rural Development Programme 2007–2013 and the National subsidies. This article aims to assess whether these subsidies have contributed to higher economic efficie...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Mendel University Press
2016-01-01
|
Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
Subjects: | |
Online Access: | https://acta.mendelu.cz/64/4/1345/ |
_version_ | 1818319537951473664 |
---|---|
author | Zdeňka Náglová Jindřich Špička Martin Gürtler |
author_facet | Zdeňka Náglová Jindřich Špička Martin Gürtler |
author_sort | Zdeňka Náglová |
collection | DOAJ |
description | The article deals with investment subsidies which were drawn by enterprises of the dairy industry in 2007–2013. It is a subsidy within the Rural Development Programme 2007–2013 and the National subsidies. This article aims to assess whether these subsidies have contributed to higher economic efficiency of enterprises. The impact of investment grants to economic indicators (sales, debt ratio, labour productivity and production consumption) is evaluated. 35 dairy enterprises that drew investment grants, were analyzed in total. According to the results, grants from national sources have a greater impact on the economy of businesses. National subsidies improve labour productivity, sales and production consumption. Impacts of subsidies drawn from the Rural Development Programme are less noticeable. These subsidies affect only the production consumption by its decreasing. The market situation in 2008 and 2009 also influenced the rated indicators. |
first_indexed | 2024-12-13T10:10:42Z |
format | Article |
id | doaj.art-7ae3a52e531c4bd59f488d2f5cf79867 |
institution | Directory Open Access Journal |
issn | 1211-8516 2464-8310 |
language | English |
last_indexed | 2024-12-13T10:10:42Z |
publishDate | 2016-01-01 |
publisher | Mendel University Press |
record_format | Article |
series | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
spelling | doaj.art-7ae3a52e531c4bd59f488d2f5cf798672022-12-21T23:51:26ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102016-01-016441345135110.11118/actaun201664041345Evaluation of Effects of Investment Support in the Czech Dairy IndustryZdeňka Náglová0Jindřich Špička1Martin Gürtler2Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21, Prague 6, Czech RepublicDepartment of Strategy, Faculty of Business Administration, University of Economics, Prague, nám. W. Churchilla 4, 130 67, Prague 3, Czech RepublicDepartment of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Kamýcká 129, 165 21, Prague 6, Czech RepublicThe article deals with investment subsidies which were drawn by enterprises of the dairy industry in 2007–2013. It is a subsidy within the Rural Development Programme 2007–2013 and the National subsidies. This article aims to assess whether these subsidies have contributed to higher economic efficiency of enterprises. The impact of investment grants to economic indicators (sales, debt ratio, labour productivity and production consumption) is evaluated. 35 dairy enterprises that drew investment grants, were analyzed in total. According to the results, grants from national sources have a greater impact on the economy of businesses. National subsidies improve labour productivity, sales and production consumption. Impacts of subsidies drawn from the Rural Development Programme are less noticeable. These subsidies affect only the production consumption by its decreasing. The market situation in 2008 and 2009 also influenced the rated indicators.https://acta.mendelu.cz/64/4/1345/dairy industryinvestment grantsRural Development ProgrammeNational subsidieseconomy of businessefficiency |
spellingShingle | Zdeňka Náglová Jindřich Špička Martin Gürtler Evaluation of Effects of Investment Support in the Czech Dairy Industry Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis dairy industry investment grants Rural Development Programme National subsidies economy of business efficiency |
title | Evaluation of Effects of Investment Support in the Czech Dairy Industry |
title_full | Evaluation of Effects of Investment Support in the Czech Dairy Industry |
title_fullStr | Evaluation of Effects of Investment Support in the Czech Dairy Industry |
title_full_unstemmed | Evaluation of Effects of Investment Support in the Czech Dairy Industry |
title_short | Evaluation of Effects of Investment Support in the Czech Dairy Industry |
title_sort | evaluation of effects of investment support in the czech dairy industry |
topic | dairy industry investment grants Rural Development Programme National subsidies economy of business efficiency |
url | https://acta.mendelu.cz/64/4/1345/ |
work_keys_str_mv | AT zdenkanaglova evaluationofeffectsofinvestmentsupportintheczechdairyindustry AT jindrichspicka evaluationofeffectsofinvestmentsupportintheczechdairyindustry AT martingurtler evaluationofeffectsofinvestmentsupportintheczechdairyindustry |