Evaluation of the Economic Criteria for the Survival of Small Farms in Serbia

Agriculture is an important economic sector in Serbia with the largest percentage of small and family farms. In order to improve this business and the survival of small farms in Serbia, the goal of the paper is to select the criteria for the survival of small farms in Serbia by applying the concept...

Full description

Bibliographic Details
Main Authors: Vladimir Ristanovic, Aleksandra Tošović-Stevanović
Format: Article
Language:English
Published: EconJournals 2020-07-01
Series:International Review of Management and Marketing
Online Access:http://mail.econjournals.com/index.php/irmm/article/view/10032
_version_ 1797918437366824960
author Vladimir Ristanovic
Aleksandra Tošović-Stevanović
author_facet Vladimir Ristanovic
Aleksandra Tošović-Stevanović
author_sort Vladimir Ristanovic
collection DOAJ
description Agriculture is an important economic sector in Serbia with the largest percentage of small and family farms. In order to improve this business and the survival of small farms in Serbia, the goal of the paper is to select the criteria for the survival of small farms in Serbia by applying the concept of analytical hierarchical processes (the AHP method). The research was conducted in Serbia on the sample of 550 small farms, comparing economic indicators based on the criteria that can contribute to achieving the goals of agricultural enterprises. Each indicator was evaluated and considered in relation to the set criteria, such as investments in farms, information available to farms, distribution channels of agricultural products, and the quality of agricultural products. The results of the survey showed that the best ranked indicator of the survival of small farms in Serbia is the level of education and knowledge of farmers, holders of farms. Keywords: Agro-business, The Analytical Hierarchical Processes Method, Economic Indicators, Analysis and Decision Making JEL Classifications: D710, Q120, Q130 DOI: https://doi.org/10.32479/irmm.10032
first_indexed 2024-04-10T13:29:21Z
format Article
id doaj.art-a31024765a8b40c6901a559420cf5cfb
institution Directory Open Access Journal
issn 2146-4405
language English
last_indexed 2024-04-10T13:29:21Z
publishDate 2020-07-01
publisher EconJournals
record_format Article
series International Review of Management and Marketing
spelling doaj.art-a31024765a8b40c6901a559420cf5cfb2023-02-15T16:11:45ZengEconJournalsInternational Review of Management and Marketing2146-44052020-07-01104Evaluation of the Economic Criteria for the Survival of Small Farms in SerbiaVladimir Ristanovic0Aleksandra Tošović-Stevanović1Institute of European StudiesFaculty of Business Economcis and EntrepreneurshipAgriculture is an important economic sector in Serbia with the largest percentage of small and family farms. In order to improve this business and the survival of small farms in Serbia, the goal of the paper is to select the criteria for the survival of small farms in Serbia by applying the concept of analytical hierarchical processes (the AHP method). The research was conducted in Serbia on the sample of 550 small farms, comparing economic indicators based on the criteria that can contribute to achieving the goals of agricultural enterprises. Each indicator was evaluated and considered in relation to the set criteria, such as investments in farms, information available to farms, distribution channels of agricultural products, and the quality of agricultural products. The results of the survey showed that the best ranked indicator of the survival of small farms in Serbia is the level of education and knowledge of farmers, holders of farms. Keywords: Agro-business, The Analytical Hierarchical Processes Method, Economic Indicators, Analysis and Decision Making JEL Classifications: D710, Q120, Q130 DOI: https://doi.org/10.32479/irmm.10032 http://mail.econjournals.com/index.php/irmm/article/view/10032
spellingShingle Vladimir Ristanovic
Aleksandra Tošović-Stevanović
Evaluation of the Economic Criteria for the Survival of Small Farms in Serbia
International Review of Management and Marketing
title Evaluation of the Economic Criteria for the Survival of Small Farms in Serbia
title_full Evaluation of the Economic Criteria for the Survival of Small Farms in Serbia
title_fullStr Evaluation of the Economic Criteria for the Survival of Small Farms in Serbia
title_full_unstemmed Evaluation of the Economic Criteria for the Survival of Small Farms in Serbia
title_short Evaluation of the Economic Criteria for the Survival of Small Farms in Serbia
title_sort evaluation of the economic criteria for the survival of small farms in serbia
url http://mail.econjournals.com/index.php/irmm/article/view/10032
work_keys_str_mv AT vladimirristanovic evaluationoftheeconomiccriteriaforthesurvivalofsmallfarmsinserbia
AT aleksandratoaoviastevanovia evaluationoftheeconomiccriteriaforthesurvivalofsmallfarmsinserbia