Template-Type: ReDIF-Article 1.0 Author-Name: editors Title: Index of contents volume 68 Journal: Agricultural Economics Pages: I-III Volume: 68 Issue: 12 Year: 2022 DOI: 10.17221/14892-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/14892-AGRICECON.html File-Format: text/html Handle: RePEc:caa:jnlage:v:68:y:2022:i:12:id:14892-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Mário Santiago Céu Author-Workplace-Name: Advance/Research in Social Sciences and Management and ISEG - Lisbon School of Economics and Management, Universidade de Lisboa, Lisboa, Portugal Author-Name: Raquel Medeiros Gaspar Author-Workplace-Name: Cemapre/Research in Economics and Mathematics and ISEG - Lisbon School of Economics and Management, Universidade de Lisboa, Lisboa, Portugal Title: Vegetative cycle and bankruptcy predictors of agricultural firms Abstract: The characterisation of agricultural activity depends on what firms produce. In this article, we introduce the importance of the vegetative cycle in the prediction of bankruptcy of agricultural firms, analysing the financial ratios proposed by the classical models of Altman (1983), Ohlson (1980) and Zmijewski (1984). We consider a total of 2 228 Portuguese firms, with 83 failing between 2015 and 2019. The findings confirm that the differences between healthy and bankrupt firms depend on their vegetative cycle. Although predictors based on liquidity are helpful only in predicting the bankruptcy of non-perennial crop firms, activity predictors are better in identifying healthy perennial crop firms. In addition, we show substantial statistical differences in terms of liquidity and profitability, but only in healthy firms. The results encourage the topic of the vegetative cycle to be more present in the construction of more accurate bankruptcy prediction models. Keywords: agriculture, bankruptcy prediction, financial ratios, non-perennial, perennial Journal: Agricultural Economics Pages: 445-454 Volume: 68 Issue: 12 Year: 2022 DOI: 10.17221/206/2022-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/206/2022-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202212-0002.txt Handle: RePEc:caa:jnlage:v:68:y:2022:i:12:id:206-2022-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Paweł Boczar Author-Workplace-Name: Department of Economics and Economy Policy in Agribusiness, Faculty of Economics, Poznań University of Life Sciences, Poznań, Poland Author-Name: Lucyna Błażejczyk-Majka Author-Workplace-Name: Department of Economic History, Faculty of History, Adam Mickiewicz University, Poznań, Poland Title: Efficiency of European Union wheat producers on world market and analysis of its determinants based on the data envelopment analysis method Abstract: The war in Ukraine has shown that the worldwide food security can be easily shaken. This article focuses on an evaluation of European Union (EU) wheat producers on the world market. Would EU producers maintain their competitive position without direct payments? What changes need to be introduced to improve the position of EU producers on the world market? To answer these questions, a data envelopment analysis has been applied. It is indicated that the competitive position of EU wheat producers is still strongly dependent on direct payments and that mechanisation costs are a key area for improved efficiency in wheat production in Europe. Keywords: competitiveness, data envelopment analysis, direct payments, Luxembourg Common Agricultural Policy (CAP) reform, super-efficiency data, super-efficiency model, wheat production Journal: Agricultural Economics Pages: 455-463 Volume: 68 Issue: 12 Year: 2022 DOI: 10.17221/267/2022-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/267/2022-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202212-0003.txt Handle: RePEc:caa:jnlage:v:68:y:2022:i:12:id:267-2022-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Piotr Bórawski Author-Workplace-Name: Department of Agrotechnology and Agribusiness, Faculty of Agriculture and Forestry, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland Author-Name: Aneta Bełdycka-Bórawska Author-Workplace-Name: Department of Agrotechnology and Agribusiness, Faculty of Agriculture and Forestry, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland Author-Name: Andrzej Parzonko Author-Workplace-Name: Department of Business Economics and Organization, Faculty of Economics, Warsaw University of Life Sciences, Warsaw, Poland Author-Name: Tomasz Rokicki Author-Workplace-Name: Department of Logistics, Faculty of Economics, Warsaw University of Life Sciences, Warsaw, Poland Author-Name: Lisa Holden Author-Workplace-Name: Department of Animal Science, Faculty of Agricultural Sciences, Pennsylvania State University, Pennsylvania, USA Title: Changes in the comparative advantage of Polish dairy products Abstract: Competitiveness is one of the key concepts in economic sciences, andit is defined as the ability of businesses to compete in the market. The aim of this study was to assess the competitiveness of dairy products in Poland. The competitiveness was evaluated in a macroeconomic approach by analysing the exports, imports, and the trade balance. The results were processed and presented with the use of tabular, graphic, and descriptive methods. After Poland joined the European Union (EU) in 2004, one of the key goals was to improve the quality, storage, and applicability of dairy products, and to promote trade in milk and dairy products. The Polish dairy industry reported a positive balance in the foreign trade of milk and dairy products, which contributed to positive values in the competitiveness indicators of dairy products. The values of the export specialisation index (SI), export revealed comparative advantage (XRCA), relative import penetration index (MRCA), foreign trade coverage ratio (CRK), and the Grubel-Lloyd intra-industry trade index (IITk) were positive, which attests to the competitiveness of Polish dairy products. We proved that the COVID-19 pandemic had an impact on the competitiveness of dairy enterprises in Poland. Keywords: competitiveness, COVID-19, export, import, market economy, trade balance Journal: Agricultural Economics Pages: 464-475 Volume: 68 Issue: 12 Year: 2022 DOI: 10.17221/322/2022-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/322/2022-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202212-0004.txt Handle: RePEc:caa:jnlage:v:68:y:2022:i:12:id:322-2022-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: Vasilii Erokhin Author-Workplace-Name: School of Economics and Management, Harbin Engineering University, Harbin, China Author-Name: Gao Tianming Author-Workplace-Name: School of Economics and Management, Harbin Engineering University, Harbin, China Author-Name: Luminita Chivu Author-Workplace-Name: National Institute for Economic Research 'Costin C. Kiritescu', Romanian Academy, Bucharest, Romania Author-Name: Jean Vasile Andrei Author-Workplace-Name: National Institute for Economic Research 'Costin C. Kiritescu', Romanian Academy, Bucharest, Romania Author-Workplace-Name: Faculty of Economic Sciences, Petroleum-Gas University of Ploiesti, Ploiesti, Romania Title: Food security in a food self-sufficient economy: A review of China's ongoing transition to a zero hunger state Abstract: In a contemporary globalised world, assuring food security in the conditions of developing a food self-sufficient economic structure represents not only a challenge in terms of the changing agricultural paradigm, but also an important instrument in assuring, in a long-term manner, societal resilience. However, while achieving self-sufficiency in food, China still faces challenges in terms of establishing sustainable food security and transitioning to a zero hunger state. Rapid economic growth and urbanisation have resulted in shifting food consumption patterns from crops towards more nutritious meat and dairy products and higher-qualitative imported foods. In this study, the current state of food security and production and trade in food and agricultural products in China during 2000-2020 have been analysed and an overview of the strategic directions of the domestic sustainable development, food security, and zero hunger policies are highlighted. The main aim of the study is dedicated to identifying the critical shortcomings and gaps in combating hunger and food insecurity in China and proposing policy recommendations regarding improving the stability of the food supply in the country and deigning new possible strategies to achieve it. The results highlight the major trends and shifts of the food security paradigm in the process of developing a food self-sufficient economy. Keywords: access to food, agriculture, availability of food, hunger, poverty, sustainable development, trade Journal: Agricultural Economics Pages: 476-487 Volume: 68 Issue: 12 Year: 2022 DOI: 10.17221/278/2022-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/278/2022-AGRICECON.html File-Format: text/html X-File-Ref: http://agriculturejournals.cz/RePEc/caa/references/age-202212-0005.txt Handle: RePEc:caa:jnlage:v:68:y:2022:i:12:id:278-2022-AGRICECON Template-Type: ReDIF-Article 1.0 Author-Name: editors Title: Index of authors volume 68 Journal: Agricultural Economics Pages: IV-V Volume: 68 Issue: 12 Year: 2022 DOI: 10.17221/14893-AGRICECON File-URL: http://agricecon.agriculturejournals.cz/doi/10.17221/14893-AGRICECON.html File-Format: text/html Handle: RePEc:caa:jnlage:v:68:y:2022:i:12:id:14893-AGRICECON