Efficiency Of Agricultural Investments In The Republic Of Serbia

Abstract

The research analyzes the efficiency of investments in the agricultural sector of the Republic of Serbia. The data used in the research were sourced from the Statistical Office of the Republic of Serbia and the Directorate for Agrarian Payments. Over the period from 2012 to 2021, there was an increase in the efficiency of agricultural investments. The results point to a significant increase in investments per hectare compared to the previously analyzed period (1996-2005). The data were processed using standard statistical instruments of descriptive statistics. Additionally, regression analysis was employed to show the impact of investments on the gross value added in this sector. It was established that over the period from 2012 to 2021, the effect of investments on the gross value added in agriculture was not statistically significant.

Keywords

• investments
• gross value added
• agriculture
• regression
• efficiency