scholarly journals Evaluation of Effects of Investment Support in the Czech Dairy Industry

2016 ◽  
Vol 64 (4) ◽  
pp. 1345-1351 ◽  
Author(s):  
Zdeňka Náglová ◽  
Jindřich Špička ◽  
Martin Gürtler
Keyword(s):  
Rural Development ◽  
Economic Efficiency ◽  
Labour Productivity ◽  
Dairy Industry ◽  
Development Programme ◽  
Economic Indicators ◽  
Debt Ratio ◽  
Rural Development Programme ◽  
Market Situation ◽  
The Impact

The article deals with investment subsidies which were drawn by enterprises of the dairy industry in 2007–2013. It is a subsidy within the Rural Development Programme 2007–2013 and the National subsidies. This article aims to assess whether these subsidies have contributed to higher economic efficiency of enterprises. The impact of investment grants to economic indicators (sales, debt ratio, labour productivity and production consumption) is evaluated. 35 dairy enterprises that drew investment grants, were analyzed in total. According to the results, grants from national sources have a greater impact on the economy of businesses. National subsidies improve labour productivity, sales and production consumption. Impacts of subsidies drawn from the Rural Development Programme are less noticeable. These subsidies affect only the production consumption by its decreasing. The market situation in 2008 and 2009 also influenced the rated indicators.

scholarly journals Effects of the investment support in the Czech meat processing industry  

2017 ◽  
Vol 63 (No. 8) ◽  
pp. 356-369 ◽  
Author(s):  
Spicka Jindrich ◽  
Naglova Zdenka ◽  
Gurtler Martin
Keyword(s):  
Labour Productivity ◽  
Development Programme ◽  
Bank Loans ◽  
Debt Ratio ◽  
Meat Processing ◽  
Processing Industry ◽  
National Programme ◽  
Rural Development Programme ◽  
Support Programme ◽  
The Impact

The goal of the paper is to quantify and evaluate the effects of investment subsidies in the Czech meat processing industry. The investment subsidies should enhance the economic results of the supported companies and increase their competitiveness. The analysis is based on the fixed-effect modelling of balanced panel data of 130 meat processors in the period 2008–2013. It quantifies the impact of investment subsidies from the Rural Development Programme (RDP) and the national support programme (Decree of MoA) on profitability, labour productivity, credit debt ratio and the efficiency of production consumption. The conclusions can be generalized for medium-sized and large companies. The results show that investment subsidies from the RDP had not such a significant effect as expected. Investment subsidies from the RDP affected only the labour productivity of large meat processors and the ROA of non-family companies. However, they should preferably help small and medium-sized companies to be more competitive. Subsidies from the national programme increased the profitability of family-owned and medium-sized companies and changed the capital structure of the supported companies which used more bank loans for upgrading the technology.  

scholarly journals Overview of the Romanian Rural Development Policy: 2007-2013

2014 ◽  
Vol 1 (1) ◽  
pp. 252
Author(s):  
Flavius Mihalache
Keyword(s):  
Rural Development ◽  
Rural Areas ◽  
Financial Support ◽  
Perfect Match ◽  
Secondary Analysis ◽  
Development Programme ◽  
Public Intervention ◽  
Rural Development Programme ◽  
Key Aspects ◽  
The Impact

Since 2007, Romania was given the chance to develop a system for implementing development projects by attracting substantial external funding. in the period 2007-2013 the financial intervention in the rural areas, as part of the European Common Agricultural Policy (CAP), was a very consistent one (more than 10 billion euro). National Program for Rural Development 2007-2013 (NRDP) represents the strategy which presents the main characteristics of the financial support addressed to rural areas. The paper has two objectives: to explore the main problems NPRD 2007-2013 occurred and to discuss about its matching to the socio-economic reality of Romania. It consists in a desk-research, using secondary analysis on statistical reports and official documents as the methodological background. The data sources used are: Ministry of Agriculture and Rural Development, Interim report of National Rural Development Programme; Ministry of Agriculture and Rural Development – General Directorate for Rural Development, The situation of the NPRD projects, recorded in monitoring tables; The National Rural Development Programme 2007-2013 (consolidated version, December, 2013). Main results show important differences among NRDP interventions (measures). Some of them are in a good situation, but, in the same time, parts of them are delayed, facing huge difficulties from various reasons. On the other hand, our findings show that there is not a perfect match between the financial support programs and the Romanian rural reality. for the next period, in order to maximize the impact of the public intervention, Romanian authorities have to reconsider some key aspects of the programs, according more importance to the local characteristics of the rural areas.

scholarly journals Rural Development within the Context of Development, Sustainability and Rural Issues – Some Constitutional, Policy and Implementation Perspectives

2017 ◽  
Vol 13 (1) ◽  
pp. 100
Author(s):  
Nic Olivier ◽  
Carin Van Zyl
Keyword(s):  
South Africa ◽  
Rural Development ◽  
South African ◽  
Development Strategy ◽  
Development Programme ◽  
Sustainable Rural Development ◽  
Rural Development Programme ◽  
Law And Policy ◽  
The People ◽  
The Republic

This article provides an overview of some developments, internationally, regionally and in the SADC, in relation to development, that may be expected to influence the South African government’s response to the development needs of the people in the country.  An overview is provided of the somewhat haphazard way in which the Constitution of the Republic of South Africa, 1996 refers to the need for and objective of development (including rural development) in the country.  Through their explanatory outline of three distinct phases in South African rural development law and policy: 1994–2000 (the Reconstruction and Development Programme and related documents and their implementation); 2000–April 2009 (the Integrated Sustainable Rural Development Strategy and its implementation) and April 2009+ (the Comprehensive Rural Development Programme and related documents), the authors review some of the historical strengths and future prospects related to rural development in South Africa.  Based on an assessment of historical trends, a number of recommendations are made for government’s way forward in the implementation of the constitutional objectives, law and policy relevant to rural development in the country.

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