EFFICIENCY OF INVESTMENTS IN POLISH FARMS BEFORE AND AFTER ACCESSION TO THE EUROPEAN UNION

Assessment efficiency of investments realized in the years 1996–2003 with the use of the so-called preferential loans and after accession of Poland to the European Union is the purpose of this study. Using regression methods, the impact of selected elements of the production potential of farms on the value of investment expenditures after 2004 have been defined. Conclusively, the efficiency of investments was considerably higher in the pre-accession period than after accession of Poland to the European Union. It concerns both farms differing in the values of investment expenditures as well as the investment’s direction. A particular high drop in the investment’s efficiency occurred at farms investing the most in machines and equipment. The analysis of correlation with the use of the methods of regression indicates, that the area of a farm and fixed assets had a crucial impact on the value of investment expenditures in the years 2004–2011. The level of explanation of variability of investment expenditures by the production potential and factors covariant with it is high, and for the lineal function it amounts to more than 91%.


Other Titles:
Efektywność inwestycji w gospodarstwach rolnych w Polsce przed akcesją do Unii Europejskiej i po akcesji
Issue Date:
Jun 30 2017
Publication Type:
Journal Article
ISSN:
1899-5241
Language:
English
Published in:
Journal of Agribusiness and Rural Development, 2017, Number 44
Note:
DOI: 10.17306/J.JARD.2017.00309




 Record created 2017-10-19, last modified 2017-11-13

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