Regional Diversification of Financial Situation of the Horticultural Farms in European Union Countries

Joanna Sredzinska, Pawel Sieminski and Natalia Marciniak

European Research Studies Journal, 2021, vol. XXIV, issue Special 2 - Part 2, 819-836

Abstract: Purpose: This article aims to identify the financial situation of the horticultural farms in Poland compared to their counterparts in other European Union countries in 2012-2017 in the synthetic context. Design/Methodology/Approach: To achieve this purpose, the data from the FADN database on horticultural farms from macro-regions in EU countries in 2012-2017 were used. To assess the financial situation, a synthetic measuring instrument of development was used, and the non-pattern method was employed to construct it. Findings: The results of the conducted research show that the horticultural farms are characterised by differentiation of economic effects. These results affect their financial situation, which in turn determines their possibility of further market development, that is the economic safety of farm families, as well as the supply safety of food consumers. Practical implications: Obtained studies results can be used by EU agricultural policymakers and the horticultural farm owners. The results indicate in which regions the horticultural farms have more development opportunities and in which the economic safety of farm families is in danger. Originality/value: The results of the conducted analysis are complementary to the previous studies on the financial situation of the horticultural farms. Additionally, the article proposed the straight-line ordering method to assess the financial situation of the horticultural farms.

Keywords: Horticultural farms; FADN; synthetic characteristic; EU; financial situation. (search for similar items in EconPapers)
JEL-codes: O52 Q12 Q14 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiv:y:2021:i:special2-part2:p:819-836

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