TY  - EJOUR
AB  - The starting point of the paper is the fact that the economic effects of field crop operations
is highly conditioned by energy prices (primarily diesel fuel prices) as well as by the
raw material whose prices to a large extent depend on energy price (fertilisers). Hence,
it is determined on the basis of the model of family farm (specialized in field crop
production) that the change in the prices of the given inputs influences the change in
gross margin and farm profit.
A special attention is paid to the changes in gross margin per worker and per working
hour, as well as to the profit per worker and per working hour, which is caused by a
varying of the purchase prices of raw materials, whose prices depend on energy prices
(diesel fuel and fertilisers).
It is determined by the analysis that diesel D-2 is distinguished because of its importance
for profitable business operations of the examined family farms regarding that the 20%
price increase of diesel D-2 leads to the decrease in family farm profit by 35.56%. In the
second place, the highest impact on the profit is created by the prices of different NPK
fertilisers, whereas the prices of KAN and UREA fertilisers do not have so significant
impact on the farm profit. By subsidizing the price of the aforementioned inputs for family farms, it is possible to produce greater economic effects of labour on family
farms and thus influence the reduction of rural poverty. This solution is acceptable
only in the short run, but in long term perspective it is needed to emphasize investments
instead of subsidies.
AU  - Ivanovic, Sanjin
AU  - Todorovic, Sasa
AU  - Nastic, Lana
DA  - 2012-07
DA  - 2012-07
DO  - ISSN 0352-3462
UDC 338.43:63
CIP 33:63(497.11)
COBISS.SR-ID 27671
DO  - 10.22004/ag.econ.127112
DO  - Other
DO  - doi
ED  - Cvijanovic,   Drago
ED  - editor
EP  - 206
EP  - 195
ID  - 127112
IS  - 2
JF  - Economics of Agriculture
KW  - Agribusiness
KW  - Farm Management
KW  - Productivity Analysis
KW  - family farms
KW  - gross margin per worker
KW  - profit per worker
KW  - gross margin per
working hour
KW  - profit per working hour
L1  - https://ageconsearch.umn.edu/record/127112/files/2%20-%20Ivanovic_%20Todorovic_%20Nastic.pdf
L2  - https://ageconsearch.umn.edu/record/127112/files/2%20-%20Ivanovic_%20Todorovic_%20Nastic.pdf
L4  - https://ageconsearch.umn.edu/record/127112/files/2%20-%20Ivanovic_%20Todorovic_%20Nastic.pdf
LA  - eng
LK  - https://ageconsearch.umn.edu/record/127112/files/2%20-%20Ivanovic_%20Todorovic_%20Nastic.pdf
N1  - Original scientific paper
N2  - The starting point of the paper is the fact that the economic effects of field crop operations
is highly conditioned by energy prices (primarily diesel fuel prices) as well as by the
raw material whose prices to a large extent depend on energy price (fertilisers). Hence,
it is determined on the basis of the model of family farm (specialized in field crop
production) that the change in the prices of the given inputs influences the change in
gross margin and farm profit.
A special attention is paid to the changes in gross margin per worker and per working
hour, as well as to the profit per worker and per working hour, which is caused by a
varying of the purchase prices of raw materials, whose prices depend on energy prices
(diesel fuel and fertilisers).
It is determined by the analysis that diesel D-2 is distinguished because of its importance
for profitable business operations of the examined family farms regarding that the 20%
price increase of diesel D-2 leads to the decrease in family farm profit by 35.56%. In the
second place, the highest impact on the profit is created by the prices of different NPK
fertilisers, whereas the prices of KAN and UREA fertilisers do not have so significant
impact on the farm profit. By subsidizing the price of the aforementioned inputs for family farms, it is possible to produce greater economic effects of labour on family
farms and thus influence the reduction of rural poverty. This solution is acceptable
only in the short run, but in long term perspective it is needed to emphasize investments
instead of subsidies.
PY  - 2012-07
PY  - 2012-07
SP  - 195
T1  - IMPACT OF ENERGY PRICES ON INCOME OF LABOUR ON FIELD CROP OPERATIONS
TI  - IMPACT OF ENERGY PRICES ON INCOME OF LABOUR ON FIELD CROP OPERATIONS
TT  - UTICAJ CENA ENERGENATA NA EKONOMSKE EFEKTE RADA NA RATARSKIM PORODIČNIM GAZDINSTVIMA
UR  - https://ageconsearch.umn.edu/record/127112/files/2%20-%20Ivanovic_%20Todorovic_%20Nastic.pdf
VL  - 59
Y1  - 2012-07
T2  - Economics of Agriculture
T2  - Economics of Agriculture 2/2012
T2  - UDC: 631.11:330.13
ER  -