INVESTMENTS, THE FACTOR OF FRUIT AND VITICULTURE PRODUCTION DEVELOPMENT IN SERBIA

Petar Gogic

Economics of Agriculture, 2010, vol. 57, issue 2

Abstract: In the paper first was analyzed participation and trend of grapes production volume in Republic of Serbia within period 1998-2007. After that, using concrete technological, organizational and economic conditions for vineyards planting in one vineyard region of Republic of Serbia, have been formed investments models (taking into account different dynamics of vineyards planting). In the paper were used dynamical methods for investments evaluation (internal rate of return, net present value and payback period) as well as various variants of financial resources and financing conditions. The results indicated that it is more economically efficient and financially feasible to plant vineyard on the entire disposable area at the same time, than gradually in several phases. Applying appropriate mathematical and statistical methods, there was projected possible trend of grape production volume in following five years period. It was concluded that grape production would (in average) slightly grow comparing to former level. On the end there were deliberated possibilities for investments in development of vineyard production in republic of Serbia (starting from disposable natural, social and economical conditions, expected production trend, and needed investments for vineyard planting, as well as economical and financial evaluation of these investments).

Keywords: International Relations/Trade; Production Economics (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/245132/files/Article%209.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:iepeoa:245132

DOI: 10.22004/ag.econ.245132

Access Statistics for this article

More articles in Economics of Agriculture from Institute of Agricultural Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().