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Studying farm insurance demand under financial constraints
Baráth, Lajos; Bokuševa, Raušan; Fertő, Imre - 2016
We hypothesize a reciprocal causation between crop insurance use and the economic performance of farms in an environment characterized by imperfect financial markets and farms’ budget constraints. To test our hypothesis, we apply a system of simultaneous equations consisting of economic...
Persistent link: https://www.econbiz.de/10011538356
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Studying farm insurance demand under financial constraints
Baráth, Lajos; Bokusheva, Raushan; Fertő, Imre - 2016
We hypothesize a reciprocal causation between crop insurance use and the economic performance of farms in an environment characterized by imperfect financial markets and farms' budget constraints. To test our hypothesis, we apply a system of simultaneous equations consisting of economic...
Persistent link: https://www.econbiz.de/10011944885
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The investment behaviour of dairy farms in transition economies
Fertő, Imre; Bojnec, Štefan; Fogarasi, József; … - In: Baltic Journal of Economics 21 (2021) 1, pp. 60-84
This article investigates dairy farm investment behaviour and the presence of soft budget constraints in the dairy farms of Baltic and Central European transition countries - Estonia, Hungary and Slovenia - using individual dairy farm accountancy panel data for the years 2007-2015. The empirical...
Persistent link: https://www.econbiz.de/10013470755
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The investment behaviour of dairy farms in transition economies
Fertő, Imre; Bojnec, Štefan; Fogarasi, József; … - In: Baltic journal of economics 21 (2021) 1, pp. 60-84
This article investigates dairy farm investment behaviour and the presence of soft budget constraints in the dairy farms of Baltic and Central European transition countries - Estonia, Hungary and Slovenia - using individual dairy farm accountancy panel data for the years 2007–2015. The...
Persistent link: https://www.econbiz.de/10012582210
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Institutions, policy reforms and efficiency in new member states from Centraland Eastern Europe
Bojnec, Štefan; Fertő, Imre; Jámbor, Attila; Tóth, … - 2010
This paper investigates determinants of agricultural sector efficiency in ten new member states (NMS-10) of the European Union (EU) from Central and Eastern European countries by the non-parametric method Data Envelopment Analysis (DEA) and the panel data analysis. The agricultural sector...
Persistent link: https://www.econbiz.de/10009381167
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Productivity and convergence in European agriculture
Baráth, Lajos; Fertő, Imre - 2016
In the paper we investigate relative productivity levels and decompose productivity change for European agriculture … O’Donnell (2008), using country level panel data from the Economic Accounts for Agriculture for 23 EU member states. The …
Persistent link: https://www.econbiz.de/10011538374
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Investment and financial constraints in European agriculture : evidence from France, Hungary and Slovenia
Fertő, Imre; Bakucs, Zoltán; Bojnec, Štefan; … - 2012
The article investigates the investment and financial constraints for French, Hungarian and Slovenian farms using FADN panel data with different econometric estimation approaches. Farm gross investment is positively associated with real sales growth and cash flow implying the absence of soft...
Persistent link: https://www.econbiz.de/10009517281
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Determinants of technical efficiency in agriculture in new EU member states from Central and Eastern Europe
Bojnec, Štefan; Fertő, Imre; Jámbor, Attila; Tóth, … - In: Acta Oeconomica 64 (2014) June, pp. 197-217
Technical efficiency in agriculture of 10 new EU member states is analysed by Data Envelopment Analysis and econometric … panel data analysis. Technical efficiency in agriculture is significantly positively associated with agricultural factor …- rural income gap are associated with technical efficiency in agriculture positively. An increase in technical efficiency in …
Persistent link: https://www.econbiz.de/10011094511
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The effect of soft budget constraint and credit-market imperfections on investments in Hungarian agriculture
Fertő, Imre; Bakucs, Lajos Zoltán; Fogarasi, József - In: Közgazdasági Szemle (Economic Review - monthly of the … LIV (2007) 4, pp. 322-333
The study uses econometric methods to examine imperfections in Hungarian agriculture in the 2001-5 period. The findings …
Persistent link: https://www.econbiz.de/10010963147
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Institutions, policy reforms and efficiency in new member states from Centraland Eastern Europe
Bojnec, Štefan; Fertő, Imre; Jámbor, Attila; Tóth, … - 2010
This paper investigates determinants of agricultural sector efficiency in ten new member states (NMS-10) of the European Union (EU) from Central and Eastern European countries by the non-parametric method Data Envelopment Analysis (DEA) and the panel data analysis. The agricultural sector...
Persistent link: https://www.econbiz.de/10010307584