Organic production in the Republic of Serbia: Economic aspects
The authors of this paper discuss the concept of organic agricultural products with an emphasis on economic performance. Research has shown that the total cost of production on organic farms is on average lower than that of conventional farms. Variable costs are 30 -40% lower. On the other hand, fix...
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Format: | Article |
Language: | srp |
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University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia
2019-01-01
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Series: | Ekonomija: teorija i praksa |
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Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2019/2217-54581903088T.pdf |
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author | Tomaš-Simin Mirela Glavaš-Trbić Danica Petrović Marica |
author_facet | Tomaš-Simin Mirela Glavaš-Trbić Danica Petrović Marica |
author_sort | Tomaš-Simin Mirela |
collection | DOAJ |
description | The authors of this paper discuss the concept of organic agricultural products with an emphasis on economic performance. Research has shown that the total cost of production on organic farms is on average lower than that of conventional farms. Variable costs are 30 -40% lower. On the other hand, fixed costs are 45% higher than those from conventional production. An analysis of the economic situation of organic farms in Europe shows that, on average, they have profits or gross margins similar to those of comparable conventional farms, i.e. within the range of +/-20% of profits achieved on similar conventional farms. A survey conducted among organic producers on the territory of the Republic of Serbia showed that gross margins in organic production were on average 20% higher than in conventional production. Consequently, the economic aspect of organic production is more favorable than conventional production for the shown cultures. |
first_indexed | 2024-12-19T23:13:17Z |
format | Article |
id | doaj.art-e79ad357a34c41c893d939f923b09587 |
institution | Directory Open Access Journal |
issn | 2217-5458 2620-0228 |
language | srp |
last_indexed | 2024-12-19T23:13:17Z |
publishDate | 2019-01-01 |
publisher | University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia |
record_format | Article |
series | Ekonomija: teorija i praksa |
spelling | doaj.art-e79ad357a34c41c893d939f923b095872022-12-21T20:02:10ZsrpUniversity Business Academy - Faculty of Economics and Engineering Management, Novi Sad, SerbiaEkonomija: teorija i praksa2217-54582620-02282019-01-01123881012217-54581903088TOrganic production in the Republic of Serbia: Economic aspectsTomaš-Simin Mirela0https://orcid.org/0000-0003-1833-9857Glavaš-Trbić Danica1https://orcid.org/0000-0002-5990-6558Petrović Marica2https://orcid.org/0000-0003-2539-7465Univerzitet u Novom Sadu, Poljoprivredni fakultet, Novi SadUniverzitet u Novom Sadu, Poljoprivredni fakultet, Novi SadUniverzitet u Novom Sadu, Poljoprivredni fakultet, Novi SadThe authors of this paper discuss the concept of organic agricultural products with an emphasis on economic performance. Research has shown that the total cost of production on organic farms is on average lower than that of conventional farms. Variable costs are 30 -40% lower. On the other hand, fixed costs are 45% higher than those from conventional production. An analysis of the economic situation of organic farms in Europe shows that, on average, they have profits or gross margins similar to those of comparable conventional farms, i.e. within the range of +/-20% of profits achieved on similar conventional farms. A survey conducted among organic producers on the territory of the Republic of Serbia showed that gross margins in organic production were on average 20% higher than in conventional production. Consequently, the economic aspect of organic production is more favorable than conventional production for the shown cultures.https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2019/2217-54581903088T.pdforganic productioncostseconomic aspectsgross margin |
spellingShingle | Tomaš-Simin Mirela Glavaš-Trbić Danica Petrović Marica Organic production in the Republic of Serbia: Economic aspects Ekonomija: teorija i praksa organic production costs economic aspects gross margin |
title | Organic production in the Republic of Serbia: Economic aspects |
title_full | Organic production in the Republic of Serbia: Economic aspects |
title_fullStr | Organic production in the Republic of Serbia: Economic aspects |
title_full_unstemmed | Organic production in the Republic of Serbia: Economic aspects |
title_short | Organic production in the Republic of Serbia: Economic aspects |
title_sort | organic production in the republic of serbia economic aspects |
topic | organic production costs economic aspects gross margin |
url | https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2019/2217-54581903088T.pdf |
work_keys_str_mv | AT tomassiminmirela organicproductionintherepublicofserbiaeconomicaspects AT glavastrbicdanica organicproductionintherepublicofserbiaeconomicaspects AT petrovicmarica organicproductionintherepublicofserbiaeconomicaspects |