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  • The economic recession has affected many sectors including food industry. It has increased the level of risk not only for suppliers, especially for farmers, but for the whole agribusiness and rural regions. The goal of the paper is to assess the economic (financial) effects of investment support targeting at adding value to food products in the Czech Republic. From a methodological point of view the results are based on counterfactual analysis. Propensity score matching (PSM) based on Mahalanobis distance within propensity score calipers (no matches outside calipers) is used to match supported and non-supported companies. The financial ratio indicators evaluate the effects of support. Results of the analysis show that the supported businesses consolidate their economic position to a certain extent. The investment support has a positive impact on financial stability, as the decrease in profitability in the period 2007 – 2010 was smaller in the case of project participants compared to nonparticipants. The investment support also increases labour productivity. The investment support of the adding value to food products should continue in upcoming programmer period 2014-2020.
  • The economic recession has affected many sectors including food industry. It has increased the level of risk not only for suppliers, especially for farmers, but for the whole agribusiness and rural regions. The goal of the paper is to assess the economic (financial) effects of investment support targeting at adding value to food products in the Czech Republic. From a methodological point of view the results are based on counterfactual analysis. Propensity score matching (PSM) based on Mahalanobis distance within propensity score calipers (no matches outside calipers) is used to match supported and non-supported companies. The financial ratio indicators evaluate the effects of support. Results of the analysis show that the supported businesses consolidate their economic position to a certain extent. The investment support has a positive impact on financial stability, as the decrease in profitability in the period 2007 – 2010 was smaller in the case of project participants compared to nonparticipants. The investment support also increases labour productivity. The investment support of the adding value to food products should continue in upcoming programmer period 2014-2020. (en)
Title
  • Czech food processing industry in the period of uncertainty about the support from rural development programme
  • Czech food processing industry in the period of uncertainty about the support from rural development programme (en)
skos:prefLabel
  • Czech food processing industry in the period of uncertainty about the support from rural development programme
  • Czech food processing industry in the period of uncertainty about the support from rural development programme (en)
skos:notation
  • RIV/00027251:_____/13:#0000445!RIV14-MZE-00027251
http://linked.open...avai/predkladatel
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • I
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 67708
http://linked.open...ai/riv/idVysledku
  • RIV/00027251:_____/13:#0000445
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • food industry; economic indicators; investment support (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [23092C0A20BC]
http://linked.open...v/mistoKonaniAkce
  • Jelgava
http://linked.open...i/riv/mistoVydani
  • Marupe, Latvia
http://linked.open...i/riv/nazevZdroje
  • Economic Science for Rural Development
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Mezera, Josef
  • Vilhelm, Václav
  • Špička, J.
http://linked.open...vavai/riv/typAkce
http://linked.open.../riv/zahajeniAkce
issn
  • 1691-3078
number of pages
http://purl.org/ne...btex#hasPublisher
  • Latvia University of Agriculture
https://schema.org/isbn
  • 978-9934-8304-8-8
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