Template-Type: ReDIF-Article 1.0 Author-Name: Petr JANSKÝ Author-Workplace-Name: Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague, Czech Republic and CERGE-EI, Czech Republic Title: Impact of the changes in excise duties on households in the Czech Republic Abstract: Excise duties are an important source of the government revenue and their rates change relatively often in the Czech Republic. Reforms of excise duties change the prices of goods, a change to which the households respond by adjusting their expenditures. In the contribution, there are used detailed Czech Statistical Office data and the estimates of own- and cross-price and income elasticities for the individual households to create a microeconomic simulation model that enables to simulate the impact of changes in excise duties on the households' demands. There is shown the distributional impact of the current excise duties and then the impact of the hypothetical increases of 10 per cent in each of them is simulated. Further, there is simulated the impact of certain approved or proposed changes in the excise duties including the unsuccessful 2012 proposal to introduce an excise duty on wine. Keywords: consumer behaviour, excise duties, excise duty on wine, households, tax reforms Journal: Agricultural Economics Pages: 51-61 Volume: 62 Issue: 2 Year: 2016 DOI: 10.17221/31/2015-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/31/2015-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201602-0001.txt Handle: RePEc:caa:jnlage:v:62:y:2016:i:2:id:31-2015-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Nicola GALLUZZO Author-Workplace-Name: Association of Geographical and Economic Studies of Rural Areas (ASGEAR), Rieti, Italy Title: An analysis of the efficiency in a sample of small Italian farms part of the FADN dataset Abstract: Italian farms have an average surface lower than 10 hectares and they are predominately scattered in the upland rural areas. The most important aspect of small family farms is to protect the rural environment against the socio-economic marginalization of rural territories and reducing the out-migration from the countryside as well. Since the 1960s, the European Union has arranged a microeconomic survey on a sample of farms aimed at estimating the impact of the Common Agricultural Policy strategies on farmers called the Farm Accountancy Data Network or the FADN. The purpose of the analysis was to assess by a quantitative approach using the FADN dataset the technical, economic and allocative efficiency in Italian family farms over the time 2000-2012. In particular, the aim of the paper has been to investigate if the legal typology of property has influenced the efficiency of Italian farms. Some findings have pointed out that the co-operatives and family farms during the five year time 2008-2012 have had the same level of efficiency. Italian small farms smaller than 5 hectares need adequate financial supports allocated by the II. pillar of the Common Agricultural Policy and these subsides are pivotal in particular towards family farms located in the upland and hilly areas. Keywords: allocative efficiency, Common Agricultural Policy, economic efficiency, rural areas, small family farms Journal: Agricultural Economics Pages: 62-70 Volume: 62 Issue: 2 Year: 2016 DOI: 10.17221/37/2015-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/37/2015-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201602-0002.txt Handle: RePEc:caa:jnlage:v:62:y:2016:i:2:id:37-2015-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Grzegorz MICHALSKI Author-Workplace-Name: Department of Corporate Financial Management, Faculty of Engineering and Economics, Wroclaw University of Economics, Wroclaw, Poland Title: Full operating cycle influence on the food and beverages processing firms characteristics Abstract: The aim of the study is to determine the rules governing the modern cash management in food and beverages processing enterprises with a full operating cycle with a particular emphasis on environmental conditions influencing enterprises. Having a full operating cycle is defined as a situation in which the small or medium enterprise has a stock of materials or raw materials, which it then as a result of the technological process converts into the finished products, offers them for sale through both cash sales and sales on the basis of the use of trade credit receivables. Used in this definition, full operating cycle consists of the conversion of inventories (including the time required to collect the materials and/or raw materials, processing them, and the time required storage of the finished products before transfer) and the full period of the collection of receivables. Research hypothesis is the belief that observed in many companies operating in industries using the full operating cycle, assessed by investigators as excessive cash reserves, are dependent on factors that give to describe the relationship between risk and uncertainty and the expected and realized under the conditions of risk and uncertainty in the value added generated by enterprises with a full operating cycle. Keywords: financial efficiency of agribusiness, financial liquidity of food processing firms, operating cycle, working capital management Journal: Agricultural Economics Pages: 71-77 Volume: 62 Issue: 2 Year: 2016 DOI: 10.17221/72/2015-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/72/2015-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201602-0003.txt Handle: RePEc:caa:jnlage:v:62:y:2016:i:2:id:72-2015-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad ISHAQ Author-Workplace-Name: Huazhong Agricultural University, Wuhan, China Author-Workplace-Name: Social Sciences Research Institute, Pakistan Agricultural Research Council, Tarnab-Peshawar, Pakistan Author-Name: Qing PING Author-Workplace-Name: Huazhong Agricultural University, Wuhan, China Author-Name: Zahoorul HAQ Author-Workplace-Name: Abdul Wali Khan University Mardan, Mardan, Pakistan Author-Name: LI Chongguang Author-Workplace-Name: Huazhong Agricultural University, Wuhan, China Author-Name: Chen TONG Author-Workplace-Name: Huazhong Agricultural University, Wuhan, China Title: Maximum residue limits and agrifood exports of China: choosing the best estimation technique Abstract: The main aim of the article is to show the response of the Maximum Residue Limits adopted by importing countries on exports of the selected food commodities from China. The study estimates the gravity model using the Ordinary Least Squares, Poisson and the Negative Binomial Regression estimators. According to the results, the Maximum Residue Limits has a trade enhancing effect on exports of the selected food commodities from China. This trade enhancing impact may be due to the current government policies to put a cut on the food safety issues, to ensure safe food for all and adopting a protectionist policy in terms of the Maximum Residues Limits for the selected commodities. Keywords: food safety, gravity, MRLs, OLS, Poisson family, trade Journal: Agricultural Economics Pages: 78-92 Volume: 62 Issue: 2 Year: 2016 DOI: 10.17221/17/2015-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/17/2015-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201602-0004.txt Handle: RePEc:caa:jnlage:v:62:y:2016:i:2:id:17-2015-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Vladimír JENÍČEK Author-Workplace-Name: Faculty of International Relations, University of Economics, Prague, Czech Republic Title: Economic growth in the development economy Abstract: Development must be conceived of as a multidimensional process involving major changes in social structures, popular attitudes and national institutions, as well as the acceleration of economic growth, the reduction of inequality and the eradication of poverty. Development in its essence must represent the whole gamut of change by which the entire social system tuned to the diverse basic needs and desires of the individuals and social groups within the system moves away from a condition of life widely perceived as unsatisfactory toward a situation or condition of life regarded as materially and spiritually better. Keywords: developing countries, models Rodric, Smith, Harrod, Dormar, poverty Journal: Agricultural Economics Pages: 93-98 Volume: 62 Issue: 2 Year: 2016 DOI: 10.17221/234/2014-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/234/2014-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201602-0005.txt Handle: RePEc:caa:jnlage:v:62:y:2016:i:2:id:234-2014-AGRICECON