The economic situation of farms located in less favoured areas on the example of Lithuania and Poland

2017-12-20
The economic situation of farms located in less favoured areas on the example of Lithuania and Poland

The paper analyses economic characteristics of the farms, situated in the less favored areas of Lithuania and Poland. A comparative analysis of farms located in less-favored areas in Lithuania and Poland was conducted in terms of their income diversification and economic situation. In addition, a short description of the compensation payments, their types and rates, was provided in both countries. Using the panel models and correlation analyzes, we identified the most important determinants of agricultural income. The gross agricultural income per hectare of UR was estimated as variable. It was hypothesized that the location of farms in LFA areas determined the income of their owners in a statistically significant way. The impact of compensatory payments on the economic situation of the surveyed companies in Lithuania and Poland was also shown.

Keywords

natural handicapped areas; Less Favored Areas payments; Lithuanian farms; Polish farms; economic results of farms; farm income
Namiotko V.,Góral J. and Soliwoda M. 2017. The economic situation of farms located in less favoured areas on the example of Lithuania and Poland. Agricultural and Resource Economics: International Scientific E-Journal, [Online], Vol. 3, No. 4, p. 5-19. ISSN2414-584X. [Index Copernicus International;The European Reference Index for the Humanities and the Social Sciences (ERIH PLUS);Ulrichsweb.com™;Google Scholar; Національна бібліотека України імені В. І. Вернадського; Polska Bibliografia Naukowa; ООО НАУЧНАЯ ЭЛЕКТРОННАЯ БИБЛИОТЕКА; JIFACTOR;ResearchBib; Scientific Indexing Services;Citefactor.org;Global Impact Factor;EconBib;AgEcon Search: Research in Agricultural and Applied Economics]