Economic and Environmental Performance of the Agricultural Sectors of the Selected EU Countries

Artiom Volkov, Mangirdas Morkūnas, Tomas Baležentis and Vaida Šapolaitė
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Artiom Volkov: Lithuanian Institute of Agrarian Economics, A. Vivulskio str. 4A-13, 03220 Vilnius, Lithuania
Vaida Šapolaitė: Lithuanian Institute of Agrarian Economics, A. Vivulskio str. 4A-13, 03220 Vilnius, Lithuania

Sustainability, 2020, vol. 12, issue 3, 1-17

Abstract: This paper aims at to identify the differences in the performance of the agricultural sectors in the selected European Union Member States. The research covers 21 countries in the period from 2007–2017. The paper uses data from the Farm Accountancy Data Network (FADN). Three types of sectors were considered: Crop farming (wheat and rapeseed), specialist milk, and specialist cattle. The sector’s performance was measured by calculating the aggregate scores using the VIKOR technique. The panel regression model was also used to estimate and assess the technical and economic determinants of the sector’s performance. The obtained results indicated that the new EU Member States showed higher levels of performance compared to the old Member States. This finding may be attributed to the fact that some of the production factors in the new EU Member States are still under-valued compared to those of the old EU Member States.

Keywords: agriculture; European Union; performance indicators; VIKOR (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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