Multifactor productivity growth measures can be constructed using different input–output concepts. We estimate three distinct productivity growth measures respectively based on gross output, value added, and cash flow and discuss their economic interpretation. By making use of an index theory...

The principal achievement of this paper is to introduce the operation of a specified ‘Futures’ model and it’s practice for decision-makers of financial institutes through an example based on the price data’s of grain futures market from EU assessment 2004 to these days in Hungary. Based...

In order to measure agriculture sustainability, the efficient use of inputs becomes a crucial issue. In this perspective, the analysts concentrate their attention on the total factor productivity index (TFP). In this view, Lynam and Herdt (1989) proposed the TFP as a suitable assessment of the...

In modern agriculture, pesticides feature so prominently in growers’ arsenal to reduce crop damage caused by various pests and diseases. But their indiscriminate use can harm human health and the environment and, eventually, impact agricultural productivity negatively. In an era of an...

The aim of this paper is to set-up the algorithm for determining the degree of workability of the soil, to help the owners of family farms to plan working hours of agricultural machines, i.e. with the machine park management. The plans, which would be made by use of these algorithms and based on...

Herbicides account for approximately 2.2% of total farm expenses and are applied to more than 80% of farmland in the USA. The widespread adoption of herbicides contributed to the increased and relatively cheaper productivity of modern intensively managed agricultural systems in developed...

Organic farming is the most adequate system for the production of food and other agricultural 9 products to sustain ecological and environmental sources. Ecologically produced foods are 10 becoming more and more popular; accordingly, the demand for organic products is growing. In 11 addition to...

This study investigates the optimal agricultural land use allocation and nitrogen application to a representative Japanese farm. The site-specific nature of numerous agri-environmental issues necessitates analysis at a disaggregated level in order to capture the underlying heterogeneity of...

Bee-keeping and honey production has a long history in Hungary. Honey is an important and healthy food of people and it can be consumed without any human processing. The honey production has important role, too. Some researchers say that if honey bee will extinct the humanity in the world would...

Targeting has become the buzz word in the national agri-environmental policy reform in Finland. It is generally accepted that more environmental benefits could be reaped by implementing environmental protection measures where they have the biggest positive impact. However, considering one of the...