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Analysis of Unequal Distribution of Gross Value Added in Plant Production Business

Analýza nerovnoměrnosti rozdělení hrubé přidané hodnoty podniků polní výroby

Zdeňka Malá and Gabriela Trnková
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Zdeňka Malá: Czech University of Life Sciences Prague
Gabriela Trnková: Czech University of Life Sciences Prague

Acta Universitatis Bohemiae Meridionalis, 2013, vol. 16, issue 2, 169-183

Abstract: The aim of this paper is the evaluation of gross value added inequality in the field production businesses, including the definition of determinants that cause or eliminate the mentioned inequality. The fulfillment of this aim is based on the quantification and decomposition of the Gini coefficient and on quantification of random effects model. Panel data for the analysis were gained from the Creditinfo database and the State Agricultural Intervention Fund and represent the economic results of 140 field production companies from 2005-2010. Results of the paper document the inequality of gross value added, which is generated mainly by the differences in farm size and by different natural conditions, in which the firm farms. The inequality is eliminated mainly by income subsidies. Agri-environmental subsidies also eliminate the inequality but in less extent.

Keywords: Plant production; Gross farm income; Subsidies; Value added; Inequality; Gini coefficient; Decomposition; Econometric model (search for similar items in EconPapers)
JEL-codes: D30 Q12 Q18 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:boh:actaub:v:16:y:2013:i:2:p:169-183

DOI: 10.32725/acta.2013.016

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