Agricultural performance in the V4 countries and its position in the European Union

Abstract

The paper is devoted to an analysis of the development of agrarian farms in Visegrad Group (V4) countries, primarily in terms of results and the most important production inputs of production factors and their efficiency in the period from 2004 to 2013 based on the EU Farm Accountancy Data Network (FADN). The results of the analysis show that if farms in the V4 countries want to achieve the same performance as developed countries, they must invest more in purchasing intensification factors and adjust the structure of assets production specification. It will be necessary to stop the reduction in the numbers of livestock and to strive for growth in gross farm income, mainly through the processing of agricultural raw materials.

Keywords

• agricultural production
• effectiveness
• factors of production
• intermediate consumption
• assets
• support
• work unit