Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 20 ISSUE 3
Written by Maroš VALACH
The Common Agricultural Policy (CAP) is one of the most important policies of the European Union. It affects the economic performance of farms to a large extent. The objective of the paper was to analyse the relationship of subsidies and several economic indicators of Slovak farms. We have focused on the analysis of five economic indicators - total assets, revenues from the sale of own products and services, economic result, the number of employees and the volume of investments spent on the acquisition of tangible fixed assets. The Spearman's rank correlation coefficient was used to analyse the dependence between economic indicators and the amount of received subsidies. The results show that the level of all types of subsidies was in positive relation to the area of agricultural land and partly with a large majority of economic indicators expressed in absolute terms. When analysing intensity indicators, the situation was less clear.
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