A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size

Organic farming represents an environment-friendly alternative to conventional farming techniques. The aim of this paper is to assess whether there are differences in financial performance of the Czech agricultural enterprises as measured by financial analysis indicators in relation to the selected...
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Gespeichert in:

Autor*in:	Filip Hampl [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2020

Schlagwörter:	analysis of variance conventional farming system financial indicators multivariate analysis of variance organic farming system

Übergeordnetes Werk:	In: Agricultural Economics (AGRICECON) - Czech Academy of Agricultural Sciences, 2016, 66(2020), 1, Seite 9
Übergeordnetes Werk:	volume:66 ; year:2020 ; number:1 ; pages:9

Links:	Link aufrufen Link aufrufen Link aufrufen Journal toc Journal toc

DOI / URN:	10.17221/78/2019-AGRICECON

Katalog-ID:	DOAJ08306611X

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author	Filip Hampl
spellingShingle	Filip Hampl misc analysis of variance misc conventional farming system misc financial indicators misc multivariate analysis of variance misc organic farming system misc Agriculture misc S A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size
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topic_title	A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size analysis of variance conventional farming system financial indicators multivariate analysis of variance organic farming system
topic	misc analysis of variance misc conventional farming system misc financial indicators misc multivariate analysis of variance misc organic farming system misc Agriculture misc S
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title	A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size
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title_sort	statistical analysis of the financial performance of organic and conventional farms in the czech republic with respect to their size
title_auth	A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size
abstract	Organic farming represents an environment-friendly alternative to conventional farming techniques. The aim of this paper is to assess whether there are differences in financial performance of the Czech agricultural enterprises as measured by financial analysis indicators in relation to the selected farming system (conventional vs. organic), the farm size (with respect to organic and conventional farms) and the interaction of these two factors in the period 2012-2016. A three-step approach including two-way multivariate analysis of variance (MANOVA), non-parametric two-way analysis of variance (ANOVA), specifically the Scheirer-Ray-Hare test, and post hoc Dunn's test has been employed. The data sample comprises of 172 conventional and 136 organic farms, divided into three size categories. The effect of the selected farming system is manifested in return on sales, cost ratios, and asset turnover ratio. The farm size affects return on assets, cost ratios, liquidity and debt. The interaction of the factors has only been detected as regards return on assets.
abstractGer	Organic farming represents an environment-friendly alternative to conventional farming techniques. The aim of this paper is to assess whether there are differences in financial performance of the Czech agricultural enterprises as measured by financial analysis indicators in relation to the selected farming system (conventional vs. organic), the farm size (with respect to organic and conventional farms) and the interaction of these two factors in the period 2012-2016. A three-step approach including two-way multivariate analysis of variance (MANOVA), non-parametric two-way analysis of variance (ANOVA), specifically the Scheirer-Ray-Hare test, and post hoc Dunn's test has been employed. The data sample comprises of 172 conventional and 136 organic farms, divided into three size categories. The effect of the selected farming system is manifested in return on sales, cost ratios, and asset turnover ratio. The farm size affects return on assets, cost ratios, liquidity and debt. The interaction of the factors has only been detected as regards return on assets.
abstract_unstemmed	Organic farming represents an environment-friendly alternative to conventional farming techniques. The aim of this paper is to assess whether there are differences in financial performance of the Czech agricultural enterprises as measured by financial analysis indicators in relation to the selected farming system (conventional vs. organic), the farm size (with respect to organic and conventional farms) and the interaction of these two factors in the period 2012-2016. A three-step approach including two-way multivariate analysis of variance (MANOVA), non-parametric two-way analysis of variance (ANOVA), specifically the Scheirer-Ray-Hare test, and post hoc Dunn's test has been employed. The data sample comprises of 172 conventional and 136 organic farms, divided into three size categories. The effect of the selected farming system is manifested in return on sales, cost ratios, and asset turnover ratio. The farm size affects return on assets, cost ratios, liquidity and debt. The interaction of the factors has only been detected as regards return on assets.
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title_short	A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size
url	https://doi.org/10.17221/78/2019-AGRICECON https://doaj.org/article/8b9e889e294041f88870c0a414db40ff https://agricecon.agriculturejournals.cz/artkey/age-202001-0001_a-statistical-analysis-of-the-financial-performance-of-organic-and-conventional-farms-in-the-czech-republic-wit.php https://doaj.org/toc/0139-570X https://doaj.org/toc/1805-9295
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A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size

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