Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia
Since agriculture is the highly important economic activity in the Republic of Serbia, it is necessary to create an environment in which competitive agricultural enterprises will develop. However, regions in the Republic of Serbia considerably differ regarding the intensity of agricultural activity....
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| Format: | Article |
| Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2020-01-01
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| Series: | Ekonomika Poljoprivrede (1979) |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2020/0352-34622002585D.pdf |
| _version_ | 1818116233826926592 |
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| author | Dimitrijević Miloš Vržina Stefan Leković Miljan |
| author_facet | Dimitrijević Miloš Vržina Stefan Leković Miljan |
| author_sort | Dimitrijević Miloš |
| collection | DOAJ |
| description | Since agriculture is the highly important economic activity in the Republic of Serbia, it is necessary to create an environment in which competitive agricultural enterprises will develop. However, regions in the Republic of Serbia considerably differ regarding the intensity of agricultural activity. This paper examines the impact of agricultural enterprises on the region's contribution to the gross domestic product (GDP) of the country in the period between 2010 and 2018. Activity of agricultural enterprises was observed using number of agricultural enterprises, number of employees in them, their turnover and gross value added. Random-Effects GLS regression showed that regions with higher agricultural activity contribute to the lesser extent to the GDP of the country. Research results are robust to changing sampling period and lagging independent variables. In this regard, several proposals have been recommended. |
| first_indexed | 2024-12-11T04:19:16Z |
| format | Article |
| id | doaj.art-e9759e11a6714052870bf54daadfe959 |
| institution | Directory Open Access Journal |
| issn | 0352-3462 2334-8453 |
| language | English |
| last_indexed | 2024-12-11T04:19:16Z |
| publishDate | 2020-01-01 |
| publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
| record_format | Article |
| series | Ekonomika Poljoprivrede (1979) |
| spelling | doaj.art-e9759e11a6714052870bf54daadfe9592022-12-22T01:21:10ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532020-01-016725856000352-34622002585DAgricultural enterprises and economic growth: A regional analysis in the Republic of SerbiaDimitrijević Miloš0https://orcid.org/0000-0001-9253-8876Vržina Stefan1https://orcid.org/0000-0001-8372-591XLeković Miljan2https://orcid.org/0000-0002-4952-3991University of Kragujevac, Faculty of Economics, Kragujevac, SerbiaUniversity of Kragujevac, Faculty of Economics, Kragujevac, SerbiaUniversity of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, Vrnjačka Banja, SerbiaSince agriculture is the highly important economic activity in the Republic of Serbia, it is necessary to create an environment in which competitive agricultural enterprises will develop. However, regions in the Republic of Serbia considerably differ regarding the intensity of agricultural activity. This paper examines the impact of agricultural enterprises on the region's contribution to the gross domestic product (GDP) of the country in the period between 2010 and 2018. Activity of agricultural enterprises was observed using number of agricultural enterprises, number of employees in them, their turnover and gross value added. Random-Effects GLS regression showed that regions with higher agricultural activity contribute to the lesser extent to the GDP of the country. Research results are robust to changing sampling period and lagging independent variables. In this regard, several proposals have been recommended.https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2020/0352-34622002585D.pdfagricultural enterpriseseconomic growthagricultureagribusinessregional economic activity |
| spellingShingle | Dimitrijević Miloš Vržina Stefan Leković Miljan Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia Ekonomika Poljoprivrede (1979) agricultural enterprises economic growth agriculture agribusiness regional economic activity |
| title | Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia |
| title_full | Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia |
| title_fullStr | Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia |
| title_full_unstemmed | Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia |
| title_short | Agricultural enterprises and economic growth: A regional analysis in the Republic of Serbia |
| title_sort | agricultural enterprises and economic growth a regional analysis in the republic of serbia |
| topic | agricultural enterprises economic growth agriculture agribusiness regional economic activity |
| url | https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2020/0352-34622002585D.pdf |
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