Template-Type: ReDIF-Article 1.0 Author-Name: Nadezda JANKELOVA Author-Workplace-Name: Department of Management, Faculty of Business Management, University of Economics Bratislava, Bratislava, Slovak Republic Author-Name: Dusan MASAR Author-Workplace-Name: Faculty of Public Policy and Public Administration, Danubius University, Sládkovičovo, Slovak Republic Author-Name: Stefania MORICOVA Author-Workplace-Name: Faculty of Public Health, Slovak Medical University in Bratislava, Bratislava, Slovak Republic Title: Risk factors in the agriculture sector Abstract: The agricultural sector je characterized by the fact that there is a high level of risk. It was always this case, but in the last years, there is a tendency of the increasing of the risk. The ability of early detection and effective management of the risks is an integral part of the strategic management of every agricultural organization. The paper presents the procedure and outcomes of the questionnaire survey aimed at the occurrence of the risk factors and approaches to the risk management in the enterprises of the primary agricultural production in Slovakia. The survey is focused on the individual character of the risk. The results of the survey point out the fact, that Slovakian farmers perceive the price risk, production or income risk as the most important risk factors, and the diversification as a most important strategy of the risk management. The most significant positive correlations were found between the land size and the perception of the price risk importance, between the number of years in office and the perception of the price risk importance. Concerning the production or income risk, the significant positive correlation was found in the legal form of business. As the most important, there was evaluated the risk perceived by the self-employed farmers. Keywords: agriculture, agribusiness, risk, risk factors, risk management Journal: Agricultural Economics Pages: 247-258 Volume: 63 Issue: 6 Year: 2017 DOI: 10.17221/212/2016-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/212/2016-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201706-0001.txt Handle: RePEc:caa:jnlage:v:63:y:2017:i:6:id:212-2016-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Zdenka NAGLOVA Author-Workplace-Name: Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic Author-Name: Barbora BOBEROVA Author-Workplace-Name: Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic Author-Name: Tereza HORAKOVA Author-Workplace-Name: Department of Systems Engineering, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic Author-Name: Lubos SMUTKA Author-Workplace-Name: Department of Economics, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic Title: Statistical analysis of factors influencing the results of enterprises in dairy industry Abstract: The article deals with companies processing and producing dairy products and cheeses in the Czech market. The dairy industry is a crucial field among the production of food products. On March 31, 2015 the milk quotas were cancelled. The impacts of their cancelation can bring danger for the dairy business but also provide some opportunities. Therefore it is important that businesses are economically powerful and so are able to strengthen their competitive position. This article aims to analyse businesses to identify vulnerable groups of businesses and those groups whose welfare is not essentially jeopardized. Partially, the aim is to assess whether there are significant differences in economic indicators among enterprises of the dairy industry (divided according to their size, ownership and subsidy drawing). At the same time the aim is to find groups of dairy businesses from the set which are similar to each other and which differ from other groups of companies and thus set their position in the Czech market. Over all there were 35 dairy milk businesses analysed in 2013. There were statistically significant differences in some economic indicators among corporations considering drawing grants, size, ownership structure and binding to primary production. According to the cluster analysis the large companies with foreign ownership can be considered as a potential threat and may affect the position and competitiveness of other businesses. The results indicate the endangered position of Czech medium-sized businesses as well as opportunities for stabilizing small businesses which specialize closely. Keywords: cluster analysis, economic indicators, milk industry, ownership, subsidies Journal: Agricultural Economics Pages: 259-270 Volume: 63 Issue: 6 Year: 2017 DOI: 10.17221/353/2015-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/353/2015-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201706-0002.txt Handle: RePEc:caa:jnlage:v:63:y:2017:i:6:id:353-2015-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Osman GULSEVEN Author-Workplace-Name: American University of the Middle East, Kuwait City, Kuwait Author-Name: Michael WOHLGENANT Author-Workplace-Name: North Carolina State University, Raleigh, USA Title: What are the factors affecting the consumers' milk choices? Abstract: There is an increasing interest in specialty milk products such as soymilk, cholesterol free/lactose free (CFLF) milk and organic milk. While the market shares of these milk types are still small, specialty milk consumption is one of the fastest growing consumer segments in the dairy industry. Therefore, it is of interest to producers, consumers as well as the policy-makers to identify the consumer profile of these products and to determine policies based on the consumer choices. In the article, there are utilised the actual consumer sales data to see whether the USDA's dairy policy follows the consumers' milk preferences. The results indicate that the household demographics significantly affect milk preferences. Race is by far the most striking factor in the consumers' decision process. Minority households have a much higher probability of purchasing specialty milk types than the white households. They are also loyal customers of the specialty milk types and are less responsive to the changes in factors that affect their purchase decision. Based on these findings, there is recommend an alternative policy to the USDA's one-size-fits-all type of dairy guidelines. Keywords: consumer choice, demand analysis, lactose intolerance, milk, soymilk Journal: Agricultural Economics Pages: 271-282 Volume: 63 Issue: 6 Year: 2017 DOI: 10.17221/335/2015-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/335/2015-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201706-0003.txt Handle: RePEc:caa:jnlage:v:63:y:2017:i:6:id:335-2015-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Mary Oluwatoyin AGBOOLA Author-Workplace-Name: Finance and Banking Department, College of BusinessDar Al Uloom University, Riyadh, Saudi Arabia Title: Impact of food availability on child mortality: a cross country comparative analysis Abstract: The study examined the impact of food security on child mortality (infant mortality and under-five mortality), using a dynamic panel data analysis for 114 countries for the period 1995-2009 by considering a wide range of controlled variables such as income, social indicators and policy variables. The result suggests that food security has a negative impact on child mortality for all countries and even more impact on child mortality within the food insecure African countries. Therefore, based on the findings of the study; it is recommended that an increase in food security is indeed a positive policy option, particularly within the food insecure African countries, since it ensures a decrease in child mortality within these countries. Keywords: Africa, African dummy, economic growth, food crisis, food availability Journal: Agricultural Economics Pages: 283-297 Volume: 63 Issue: 6 Year: 2017 DOI: 10.17221/333/2015-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/333/2015-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-201706-0004.txt Handle: RePEc:caa:jnlage:v:63:y:2017:i:6:id:333-2015-AGRICECON