Annals of the Polish Association of Agricultural and Agribusiness Economists (Sep 2020)
CHANGES IN RESOURCES AND THE STRUCTURE OF PRODUCTION FACTORS AND THEIR PRODUCTIVITY IN HORTICULTURAL HOLDINGS IN THE YEARS 2010-2018
Abstract
The aim of the research was to assess the changes in relations between factors of production and their effectiveness in horticultural holdings depending on their economic size in Poland in the years 2010-2018. The general characteristics of FADN horticultural holdings in Poland have been presented, followed by a description of the capital-labor ratio and the capital-land ratio and land resources per work unit, that is, the basic correlations between factors of production. Productivity of work, land and capital measured by gross added value was determined. On the basis of research, it was found that the resources of production factors increased along with the economic size of horticultural holdings. In the examined period, land resources decreased (apart from the biggest farms), labor expenditures were reduced, while capital resources increased. Increase in capital value, accompanied by a reduction in land and labor resources, resulted in enhancing the capital-labor ratio and capital-land ratio. In general, as economic size increased, so did the productivity of factors of production. The highest productivity of labor, land and capital was recorded in the biggest holdings. In the examined period, in all classes of economic size, an increase in labor and land productivity was observed (with the exception of the largest holdings), as well as a decrease in capital productivity (in all classes). Deterioration of capital productivity of horticultural holdings was due to a greater increase in capital value in comparison with gross added value. In the examined period, productivity of factors of production decreased in the largest holdings (economic class 5), despite the achievement of the highest productivity of factors of production in comparison with other classes.
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