Lithuanian family farm profitability: the economic dimension of sustainability

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Knyga / Book
Language:
Anglų kalba / English
Title:
Lithuanian family farm profitability: the economic dimension of sustainability
Alternative Title:
Lietuvos ūkininkų ūkių pelningumas: ekonominė tvarumo dimensija
Publication Data:
Vilnius : Lietuvos agrarinės ekonomikos institutas, 2018.
Pages:
108 p
Notes:
Bibliografija.
Contents:
Santrauka — Summary — Contents — Abbreviations. — List of tables — List of figures — Introduction — 1. THE PARADIGM OF SUSTAINABILITY AND ITS MANIFESTATIONS: 1.1. Development of the concept of sustainability; 1.2. State-of-the-art in sustainability assessment; 1.3. Economic sustainability approach in agriculture; 1.4. Profitability as a performance indicator; 1.5. Sustainable growth paradigm; 1.6. State-of-the-art of the agricultural profitability and economic sustainability research — 2. METHODOLOGY AND DATA USED: 2.1. DuPont identity; 2.2. Data issues; 2.3. IDA model for the DuPont identity; 2.4. Sustainable growth ratio — 3. ANALYSIS OF PERFORMANCE OF LITHUANIAN FAMILY FARMS: 3.1. The main performance indicators of the family farms in CEE countries; 3.2. Profitability analysis of the family farms: 3.2.1. Profitability analysis across farming types; 3.2.2. Profitability analysis across countie; 3.3. Sustainable growth analysis — Conclusions — Reference. — Annex A. Financial indicators for Lithuanian family farms, 2005-2015.
Subject Category:
Summary / Abstract:

LTŠi studija nagrinėja pelningumą kaip svarbų ekonominio tvarumo elementą. Svarbiausias metodinis studijos indėlis yra integruotas DuPont analizės ir Shapley vertės modelis, skirtas pelningumo pokyčių analizei. Empiriniame tyrime nagrinėjama Lietuvos ūkininkų ūkių veikla 2005–2015 m. Tyrimui naudojami apibendrinti Ūkių apskaitos duomenų tinklo (ŪADT) duomenys. Studijoje aptariama ekonominė tvarumo koncepcijos dimensija, analizuojama pelningumo rodiklių svarba tvarumo kontekste. Indeksinio išskaidymo analizė pritaikoma išskaidant pelningumo pokyčius Lietuvos ūkininkų ūkiuose, atsižvelgiant į paaiškinamuosius veiksnius. Siekiant įgyvendinti minėtą modelį, sudaryta ŪADT rodiklių sistema. Gauti tyrimo rezultatai yra svarbūs žemės ūkio politikos formuotojams siekiant priimti pagrįstus sprendimus atskirų ūkininkavimo tipų plėtros ir paramos klausimais. Teoriniu požiūriu pasiūlytieji metodai gali būti pritaikyti ne tik žemės ūkio, bet ir kituose sektoriuose. [Iš leidinio]Reikšminiai žodžiai: Pelningumas; Indeksinio išskaidymo analizė; DuPont tapatybė; Tvarus augimas; Profitability; Index decomposition analysis; DuPont identity; Sustainable growth; Lithuanian family farms; Lietuvos ūkininkų ūkiai.

ENThis study focuses on the profitability as an important element of the economic sustainability. The major methodological contribution of this study is that we integrate the DuPont identity and Shapley value in the index decomposition analysis model. The latter model can be applied for decomposition of the change in profitability. The empirical application focuses on performance of Lithuanian family farms during 2005-2015. The aggregate data from the Farm Accountancy Data Network (FADN) are applied for the analysis. We begin our exposition by discussing the economic dimension of sustainability. The importance of the indicators of profitability is discussed in the context of sustainability. The index decomposition analysis is applied to decompose the changes in profitability of Lithuanian family farms with respect to explanatory factors. To this end, we also establish indicator system based on the FADN. The results obtained are important in guiding policy makers with regards to decisions on development and support of different farming types. As regards the theoretical contribution, the models proposed in this study can also be applied in other sectors. [From the publication]

ISBN:
9789955481690
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https://www.lituanistika.lt/content/82711
Updated:
2022-02-19 18:09:20
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