Effectiveness of Basic Ranges of Economic Activities in Agricultural Holding on the Example of Selected Member States of the European Union

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Tomasz Kondraszuk

Abstract
In Poland, both economic condition of agriculture and future development of agricultural holdings are unknown phenomenon at present. Prospects of Poland's membership in the European Union do not make this situation more clear. Polish agriculture really has substantial production potency, however relations between main factors of production in agriculture, i.e. between land, labour and capital are different. Moreover, conditions of financing and selling agricultural products are subject to turbulence which hurt farms. In the purpose of connect prediction of agricultural holdings' business performance, relation between farms' equity and its particular components in selected European Union countries were investigated. Report provides findings of research on factors efficiency using data from the Farm Accountancy Data Network (FADN). Detailed results suggests that efficiency of individual factors of production depends not only on type of farming but also on economic development of the whole country. In much more developed and wealthy states, capital plays less significant role in production growth. It can be easier acquired and its costs may appear to be lower in comparison with labour and land remuneration. In less developed countries, the situation in this field is different from this existing in former countries - capital is less available but labour and land services cheaper.

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How to Cite
Kondraszuk, T. (1998). Effectiveness of Basic Ranges of Economic Activities in Agricultural Holding on the Example of Selected Member States of the European Union. Zeszyty Naukowe SGGW - Ekonomika I Organizacja Gospodarki Żywnościowej, (34), 99–109. https://doi.org/10.22630/EIOGZ.1998.34.34
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