Statistical analysis of factors influencing the results of enterprises in dairy industry

The article deals with companies processing and producing dairy products and cheeses in the Czech market. The dairy industry is a crucial field among the production of food products. On March 31, 2015 the milk quotas were cancelled. The impacts of their cancelation can bring danger for the dairy bus...

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Main Authors: Zdenka NAGLOVA, Barbora BOBEROVA, Tereza HORAKOVA, Lubos SMUTKA
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2017-06-01
Series:Agricultural Economics (AGRICECON)
Subjects:
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-201706-0002_statistical-analysis-of-factors-influencing-the-results-of-enterprises-in-dairy-industry.php
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author Zdenka NAGLOVA
Barbora BOBEROVA
Tereza HORAKOVA
Lubos SMUTKA
author_facet Zdenka NAGLOVA
Barbora BOBEROVA
Tereza HORAKOVA
Lubos SMUTKA
author_sort Zdenka NAGLOVA
collection DOAJ
description The article deals with companies processing and producing dairy products and cheeses in the Czech market. The dairy industry is a crucial field among the production of food products. On March 31, 2015 the milk quotas were cancelled. The impacts of their cancelation can bring danger for the dairy business but also provide some opportunities. Therefore it is important that businesses are economically powerful and so are able to strengthen their competitive position. This article aims to analyse businesses to identify vulnerable groups of businesses and those groups whose welfare is not essentially jeopardized. Partially, the aim is to assess whether there are significant differences in economic indicators among enterprises of the dairy industry (divided according to their size, ownership and subsidy drawing). At the same time the aim is to find groups of dairy businesses from the set which are similar to each other and which differ from other groups of companies and thus set their position in the Czech market. Over all there were 35 dairy milk businesses analysed in 2013. There were statistically significant differences in some economic indicators among corporations considering drawing grants, size, ownership structure and binding to primary production. According to the cluster analysis the large companies with foreign ownership can be considered as a potential threat and may affect the position and competitiveness of other businesses. The results indicate the endangered position of Czech medium-sized businesses as well as opportunities for stabilizing small businesses which specialize closely.
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spelling doaj.art-82e7df597c544144a71519b5b985671f2023-02-23T03:25:08ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952017-06-0163625927010.17221/353/2015-AGRICECONage-201706-0002Statistical analysis of factors influencing the results of enterprises in dairy industryZdenka NAGLOVA0Barbora BOBEROVA1Tereza HORAKOVA2Lubos SMUTKA3Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech RepublicDepartment of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech RepublicDepartment of Systems Engineering, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech RepublicDepartment of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech RepublicThe article deals with companies processing and producing dairy products and cheeses in the Czech market. The dairy industry is a crucial field among the production of food products. On March 31, 2015 the milk quotas were cancelled. The impacts of their cancelation can bring danger for the dairy business but also provide some opportunities. Therefore it is important that businesses are economically powerful and so are able to strengthen their competitive position. This article aims to analyse businesses to identify vulnerable groups of businesses and those groups whose welfare is not essentially jeopardized. Partially, the aim is to assess whether there are significant differences in economic indicators among enterprises of the dairy industry (divided according to their size, ownership and subsidy drawing). At the same time the aim is to find groups of dairy businesses from the set which are similar to each other and which differ from other groups of companies and thus set their position in the Czech market. Over all there were 35 dairy milk businesses analysed in 2013. There were statistically significant differences in some economic indicators among corporations considering drawing grants, size, ownership structure and binding to primary production. According to the cluster analysis the large companies with foreign ownership can be considered as a potential threat and may affect the position and competitiveness of other businesses. The results indicate the endangered position of Czech medium-sized businesses as well as opportunities for stabilizing small businesses which specialize closely.https://agricecon.agriculturejournals.cz/artkey/age-201706-0002_statistical-analysis-of-factors-influencing-the-results-of-enterprises-in-dairy-industry.phpcluster analysiseconomic indicatorsmilk industryownershipsubsidies
spellingShingle Zdenka NAGLOVA
Barbora BOBEROVA
Tereza HORAKOVA
Lubos SMUTKA
Statistical analysis of factors influencing the results of enterprises in dairy industry
Agricultural Economics (AGRICECON)
cluster analysis
economic indicators
milk industry
ownership
subsidies
title Statistical analysis of factors influencing the results of enterprises in dairy industry
title_full Statistical analysis of factors influencing the results of enterprises in dairy industry
title_fullStr Statistical analysis of factors influencing the results of enterprises in dairy industry
title_full_unstemmed Statistical analysis of factors influencing the results of enterprises in dairy industry
title_short Statistical analysis of factors influencing the results of enterprises in dairy industry
title_sort statistical analysis of factors influencing the results of enterprises in dairy industry
topic cluster analysis
economic indicators
milk industry
ownership
subsidies
url https://agricecon.agriculturejournals.cz/artkey/age-201706-0002_statistical-analysis-of-factors-influencing-the-results-of-enterprises-in-dairy-industry.php
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AT terezahorakova statisticalanalysisoffactorsinfluencingtheresultsofenterprisesindairyindustry
AT lubossmutka statisticalanalysisoffactorsinfluencingtheresultsofenterprisesindairyindustry