Since the late 1990s scientists have discussed the use of weather derivatives to hedge weather conditioned yield volatility in the agricultural sector. The hedging efficiency is depending on the contract design (Weather-Index, Strike-Level, Tick-Size). The basis risk consisting of the basis risk...

The economic transition and market globalization processes has triggered structural changes in the Macedonian agriculture. Pig producers face challenges to meet the new market requirements and regulations which cause inefficient and less competitive production compared to foreign markets. This...

Macedonia has been a candidate-country for EU membership since 2005. The EU integrative process, without doubt, will have an impact on the Macedonian economy and particularly on the agricultural sector. So far, the farmers’ attitude and intentions with regard to the EU integration and...

The aim of the paper is to develop an optimization model to support the analysis of decision-making on Macedonian family farms. For this purpose, normative linear programming paradigm is applied, utilising its optimization potential. The model is tested and presented on vegetable farm level....

This paper examines the production and productivity growth of Macedonian agriculture. Furthermore, having in mind the distinctive dual structure of Macedonian agriculture, this study investigates the differences in productivity surplus between family farms and agricultural companies. In the...

The research studies structural changes in agriculture in the Škofja Loka region based on an empirical analysis of income diversification in a sample of agricultural households (AHs) in 2001 and 2006. The analysis was conducted from three points of view: for the entire sample of AHs, according...

This paper’s aim is to evaluate importance of the basic financial indicators and its influence on the standardized project’s grade. The research was conducted using survey questionnaires to a sample of 14 experts in the field of microeconomics, who evaluated an importance of economic...