Template-Type: ReDIF-Article 1.0 Author-Name: J. Novák Author-Name: H. Sůvová Title: Introduction Journal: Agricultural Economics Pages: 381-382 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5340-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5340-AGRICECON.html File-Format: text/html Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5340-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: M. Svatoš Author-Workplace-Name: Czech University of Agriculture, Prague, Czech Republic Title: External determinants of agricultural policy in the Czech Republic Abstract: Formation of strategic development intentions of Czech agriculture is determined from a viewpoint of external factors by European integrating processes and strengthening tendencies of globalisation. This multi-dimensional process is a driving power and at the same time also an eliminating factor of many development trends. The sustainable dimension of globalisation is formed in the frame of the world society, world economics, world ecology and world policy. Problems of world agriculture are represented by the intersection of these trends and present a starting point for the formation of the European and Czech agricultural policy. Keywords: globalisation, European integration, agricultural policy, sustainable development Journal: Agricultural Economics Pages: 383-388 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5341-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5341-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-200209-0002.txt Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5341-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: F. Simon Author-Workplace-Name: Research Institute of Agricultural Economics, Prague, Czech Republic Author-Name: J. Novák Author-Workplace-Name: Research Institute of Agricultural Economics, Prague, Czech Republic Title: The evaluation of economic situation and comparison of Czech and French agricultural enterprises Abstract: The comparison of Czech and French agriculture results shows a higher intensity, productivity and profitability of French agriculture. There are just small differences in the effectiveness of the production. The Czech agricultural enterprises have been in economic distress for several years and only a low portion of them is able to modernize and increase reproduction. There is also highlighted the importance of the EU Common Agricultural Policy for the development and stabilization of French agriculture. Keywords: Czech and French agriculture, economic situation, gross output, net production, value added, economic result Journal: Agricultural Economics Pages: 389-394 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5342-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5342-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-200209-0003.txt Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5342-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: H. Sůvová Author-Workplace-Name: Czech National Bank, Prague, Czech Republic Title: The bank approach to a credit obligor - a farm business - in the context of credit risk and capital adequacy Abstract: The objective of this paper is to enable a bank's view towards a credit obligor. Banks are subject to a lot of financial risks. Credit risk is the most important one. Banks also have to manage the objective of maximum profit on one hand, the prudential rules on the other hand. Recently, the Bank for International Settlements submitted a new concept of prudential rules (The New Basel Capital Accord) that should be accepted by national regulators and applied from 2006/7. This concept brings relatively strict conditions which should improve bank management of credit risk but which are unpleasant for loaning of small and medium enterprises including agricultural ones that are mostly part of this category. Very important role will be still played by non-market supporting instruments, especially guarantees provided by sovereigns. They can improve the competitiveness of agricultural enterprises in the credit market. Keywords: financial risk, financial institution, credit risk, banks, banking regulation, capital adequacy, Capital Accord, risk-weighted assets, credit default, internal rating, collateral, guarantees, credit risk mitigation, farm business, small and medium enterprise Journal: Agricultural Economics Pages: 395-398 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5343-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5343-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-200209-0004.txt Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5343-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: F. Střeleček Author-Workplace-Name: The Department of Accounting and Financial Management, University of South Bohemia in Èeské Budìjovice, Czech Republic Author-Name: P. Kollar Author-Workplace-Name: The Department of Accounting and Financial Management, University of South Bohemia in Èeské Budìjovice, Czech Republic Title: Evaluation of the effectiveness of intensification costs Abstract: The article concerns an evaluation of intensification costs in an agricultural enterprise. Intensification cost dynamics are evaluated in comparison with the in-kind production volume. Using unit cost, unit intensification cost, unit non-intensification cost, unit intensification differential cost, and unit differential cost as indicators, the effectiveness of intensification costs is assessed. The effectiveness is expressed through absolute and relative changes in costs and in the economic results. The said changes include production expansion effect, relative change in costs and economic results due to unit intensification cost, relative change in cost and economic results due to unit non-intensification cost, and relative change in costs and economic results due to unit cost. The individual changes are arranged into a pyramid and, after the supplementation of the change in average market price, they can be used for comprehensive appraisal. The evaluation of the dynamics of individual indicators and interrelations thereof provides an integrated view of the subject in question. As the individual alternatives are rather extensive, only the growing and constant effectiveness of intensification costs are evaluated within the article. The decreasing effectiveness of intensification costs will be discussed in a separate study. Keywords: economic result, production dynamics, cost dynamics, unit cost, unit intensification cost, unit non-intensification cost, in-kind production unit price, production expansion effect, relative and absolute change in costs, relative change in costs due to unit cost, due to unit intensification cost, pyramidal model of indicators Journal: Agricultural Economics Pages: 399-406 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5344-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5344-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-200209-0005.txt Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5344-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Z. Chrastinová Author-Workplace-Name: Research Institute of Agriculture and Food Economics, Bratislava. Slovak Republic Title: Differentiation and reasons of decline of agricultural enterprises in Slovakia Abstract: This contribution deals with the differentiation of agricultural enterprises, with focus on the declining enterprises as the most troublesome. In 2000, these businesses generated about 47% of the total loss in agriculture. In this respect, the methodological procedure was also used for the purpose of tipping out the highly unprofitable enterprises. The economic and financial analysis is focused on evaluation of the achieved results expressed in basic economic indicators. The analysis refers to the cause of agricultural enterprises decline. The different dynamics of restructuring process of agricultural production confirm the marked difference of results characteristic for declining enterprises with growing year-on-year loss, increasing costs, decrease of own capital, high indebtness and dependence on the foreign sources. Keywords: revenues, expenses, added value, own capital, tangible investment assets, declining enterprises Journal: Agricultural Economics Pages: 407-411 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5345-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5345-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-200209-0006.txt Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5345-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Š. Buday Author-Workplace-Name: Research Institute of Agriculture and Food Economics, Bratislava, Slovak Republic Title: The support of farming and revenues of enterprises located in less- favoured areas in Slovakia Abstract: The complex solution of farming in worse natural conditions and exploitation of land fund result from the successive transformation of agricultural policy and the preparation of agrarian sector for the accession of Slovakia into the European Union. The character of this policy will have the immediate impact on economy mainly of enterprises farming in less-favoured areas (LFA). In the study, we present the actual data about the allocation of agricultural land and agricultural farms into the LFA using the database of information system on land and the soil quality database which is managed by the Research Institute of Agricultural and Food Economics. Keywords: less-favoured areas, land price, land area, support of farming Journal: Agricultural Economics Pages: 412-416 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5346-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5346-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-200209-0007.txt Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5346-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: J. Jánský Author-Workplace-Name: Mendel University of Agriculture and Forestry, Brno, Czech Republic Author-Name: P. Novák Author-Workplace-Name: Mendel University of Agriculture and Forestry, Brno, Czech Republic Title: The analysis of financial situation of agricultural enterprises in productive and marginal conditions with the use of non-financial indicators Abstract: The paper is focused on the evaluation of the development of financial situation of agricultural co-operatives in the CzechRepublic in 1997-2000 operating in both productive and marginal regions. The comparison of financial situation in these two groups of agricultural firms comes from the classification of firms according to productive regions. Presented results cover firms from the sample of agricultural firms observed in the RIAE Praha. Development tendencies of agricultural co-operatives in these two regions are analysed by means of chosen debt, liquidity, activity and profitability indicators. Non-financial indicators enlarging the above mentioned characteristics of firms' financial situation are suggested and analysed in the last part of this paper. Keywords: agricultural enterprises, financial situation, liquidity, activity, profitability, non- financial indicators Journal: Agricultural Economics Pages: 417-424 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5347-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5347-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-200209-0008.txt Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5347-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: J. Kraus Author-Name: Z. Sokol Title: Brief history of the VÚZE (Research Institute of Agricultural Economics) Journal: Agricultural Economics Pages: 425-432 Volume: 48 Issue: 9 Year: 2002 DOI: 10.17221/5348-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/5348-AGRICECON.html File-Format: text/html Handle: RePEc:caa:jnlage:v:48:y:2002:i:9:id:5348-AGRICECON