RESEARCH PAPER
SUBSIDIES, FINANCIAL AND ECONOMIC EFFICIENCY AND THE TYPE OF FARMING OF THE AGRICULTURAL HOLDINGS OF NATURAL PERSONS
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Instytut Ekonomiki Rolnictwa i Gospodarki Żywnościowej – PIB
Acceptance date: 2014-09-22
Publication date: 2014-09-22
Zagadnienia Ekonomiki Rolnej / Problems of Agricultural Economics 2014;340(3):3-19
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ABSTRACT
The type of farming of a family agricultural holding very clearly differentiates its economic and financial efficiency and the possibility of the use of budget support. The performed calculations of multiple regression showed that the subsidy rate in the form of the ratio of the sum of financial support received and the income from the family agricultural holding influenced the effectiveness mostly negatively, significantly statistically. The impact of other variables from the category of subsidising holdings on economic and financial indices was not so clear when it came to the direction of the interdependence, although it met the generally accepted criteria for statistical significance in most of the cases. The same phenomenon was observed with the technical and economic production characteristics as a determinant of efficiency. In this context, it still remains a major challenge to identify the factors that influence the operating efficiency of family agricultural holdings.