The average level of debts of agricultural enterprises in the CR is several times higher than in countries with established market economy. The main source is so-called transformation debts connected with the transformation of ownership and enterprise structure in the Czech agriculture after...

The objective of the contribution, which is based on the research of National agency for agricultural research (NAZV QH 71016) carried out between 2007 and 2010, is to present research concept of energy and economic analysis of farms. The core idea behind the concept rests in a need to assess an...

The aim of the paper is to apply a theory of asymmetric information to managing production risk in agriculture. The second part of the paper is devoted to the tools for reducing the information asymmetry - parametric products (weather derivatives, index insurance). The results are based on...

The modern development of Corporate Systems and innovations (realistic) in the economic production criteria, as compared to traditional criteria, supported largely by optimum operating conditions. In order to measure the contemporary value concept of production, it is necessary to construct an...

The topic of this paper is concerned in a possibility of connection of the micro- economics theory and the business economics theory. The goal of the submitted paper is an implementation of an economic efficiency as a microeconomic component to the business economics with a regard for an...

The study examines the resources of economic growth in the Czech Republic in the course of years from 1992 until 2004. Using the growth accounting method, it analyses the contribution of individual factors to economic growth. Special attention is given to total factor productivity, which, apart...

Efficiency of hospitals belongs among frequently discussed topics of public policy. This paper deals with a nonparametric model for efficiency evaluation of hospitals - data envelopment analysis (DEA). DEA evaluates efficiency of production units with the help of mathematical programming. DEA...

The study presents a current approach to investments evaluation based on the real option theory. Each investment can be materialized through different possibilities, described as real options. It is possible to evaluate the price of real option by utilization of the described model. The real...

This paper deals with the recent empirical phenomenon of intraindustry trade, i.e. trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the importance of sequential nature of production and...

The qualitative changes in surroundings for companies operation are calling for necessity of assertion new tools and method, which will help to increase the quality of decision making and firm evaluation. To these tools belong scenarios and Monte Carlo simulation. The aim of the article is to...