Agrarian structure changes in the village farmsteads on Durmitor

The paper presents findings about agrarian structure changes that have occurred in the village farmsteads on Durmitor highlands considering thesis that this area has experienced complex and strong changes. The most important characteristics of these changes relate with , aging, de-agrarian striving; and reduction of the livestock fund, land surfaces and number of homesteads. The agrarian structure of the Durmitor area, which includes the municipalities of Žabljak, Šavnik and Plužine, is characterized by the dominant participation of individual farms focused on sheep and catlle production.The structure of agricultural land use in the examined region was defined by natural conditions and natural way of production. In the total agricultural area, natural meadows and pastures occupy over 90% of the area, and arable land and orchards occupy a small percentage of the area.The existing land structure determined livestock production as the basic production.

Financial stability of enterprises in Serbian agriculture, fishing and forestry sector

The main aim of this research paper is to examine financial stability, including indebtedness, interest coverage, and profitability of enterprises in Serbian Agriculture, fishing, and forestry sector. The research was performed using the tools of accounting and financial analysis. Period from 2015 to 2019 was observed. Analysis was based on consolidated financial statements for all enterprises that belonged to the sector in mentioned period. Research results show that the enterprises managed to maintain acceptable level of long-term financial stability, while on the other hand, there was a more significant disturbance on the side of short-term financial stability. Solid performances were recorded in the field of interest coverage, but also indebtedness where those indicators met referent values in almost every observed year. In the field of profitability that was examined via ROA and ROE indicators, poor performance was recorded.

Strategic advantages and disadvantages for rural tourism development in Dinaric Alps: Case Tropolje

The improvement of life quality in rural areas is an overall goal of all development strategies in the Western Balkans countries. Rural tourism represents the quality option for diversification of income and employment opportunities in Tropolje region (Canton 10 in Bosnia and Herzegovina). Therefore, the goal of this study is to identify strategic advantages and disadvantages for tourism development in Tropolje region of Dinaric Alps and provide guidelines for its development. The SWOT analysis combined with AHP method was used. In seven domains, 29 strengths, 31 weakness, 25 opportunities and 24 threats were determined, with total intensity 154, 202, 140 and 144 and average rating of influence intensity 5.3, 6.5, 5.6, 5.8, respectively. A significant advantage for tourism development were linked to short supply chains based on natural and cultural heritage of the region.

Accounting information as the basis for strategic management of agricultural enterprises

A key place in economic theory belongs to learning about the position of immediate creators, i.e. producers of goods in every socio-economic formation. This position and all relations in production and society depend significantly on the historical form of production of excess work and the way of appropriating excess work. Therefore, for analysis of the modern way of commodity agroproduction, it is necessary to dispose of information that is the basis for decision-making at the strategic level. This type of information is characterized by the accounting information system as one of the main sources of business information. For the subject of this work, we will take the modern way of agroproduction and creation of excess value, which in recent times, especially after the global economic crisis, is gaining increasing significance in both economic theory and economic reality.

Economic analysis of the factors influencing the supply and demand of raspberry

The subject of this research is the analysis of supply and demand of raspberries on the domestic market in order to performe a balance analysis of products and examine the partial influence of relevant factors on supply and demand. The production and consumption of raspberries in Serbia in the period from 2010-2019 is very dynamic. Raspberry production in the Republic of Serbia has significant comparative advantages compared to production in most other countries. Serbia is considered one of the largest producers of raspberries, but still, regardless of that, its comparative advantages have not been fully valorized and used. The results of the balance analysis of raspberry production and consumption indicate the existence of a surplus and potential for export. The analysis of ANOVA variances established a high correlation dependence and pointed out the need to improve competitiveness in the production of raspberries and final products in order to meet the domestic market and exports to the world market. The obtained results enabled the formulation of regression equations of both the function of raspberry supply and its demand, which can be used to predict these values in the future.

Wild edible plants in gourmet offer of ecotourism destinations: Case from biosphere reserve "Golija-Studenica"

Closely related to traditional agriculture consumption of wild plants it significantly contributes to the existence of the human species. The aim of this paper is to determine the value of ethnobotanical parameters (RFC, CI, CV) for the most important species that participate in creating the gastronomic offer of ecotourism destinations. The research was conducted in the area of the Biosphere Reserve (BR) "Golija-Studenica" as one of the attractive ecotourism destinations and sites with a high degree of biodiversity. As part of the site visit and research, during the period 2018-2020, the authors used the ethnobotanical questionnaire to quantify and determine the value of each individual species that plays a role in local traditional gastronomy, and today is part of the tourist offer. The results indicate the existence of a culture of using natural resources and a high degree of use of wild species in traditional recipes. Among the most exploited species, wild berries like blueberries stand out, but some species of mushrooms.

The role of reward-based crowdfunding in farm financing: What characterises successful campaign?

The purpose of this paper is to provide insight into the role of reward-based crowdfunding in farm financing, with a focus on its likelihood of success. The study uses a sample of 1,566 projects from the Kickstarter platform between 2014 and 2020. We added the level of urbanisation and relative importance of agriculture in the country's economy to the basic elements to assess the importance of the crowdfunding. We run a logistic regression model to investigate factors that motivate investment decisions. We discovered a statistically significant negative correlation between the self-set campaign goal and project success, as well as a small positive impact of number of backers and a positive impact of the importance of agriculture in the country's economy on crowdfunding success. In an era of rapid innovation and the rise of social networks, this paper contributes to the current literature on the agri-food industry's reword-based crowdfunding approach.

Spatial and temporal pattern of rice yield growth in Asian countries from 1961 to 2016: An exploratory econometric analysis

The present paper attempts to find out the spatial and temporal movement of rice yield in twelve countries in Asia which is its lifeline over the period 1961 to 2016 by following Bai-Perron multiple structural break tests. The results based on endogenous multiple structural break analysis show that many of these countries passed through several phases of acceleration and deceleration in rice yield over this period The results also demonstrate that except Japan, all the twelve countries considered in our study experienced at least one structural break in rice yield at level during the period 1961 to 2016. The acceleration phases of rice yield growth observed mostly during 1970's and 1980's are resulted from improved technological innovations in agriculture whereas deceleration phases observed in the last two decades are mainly caused by environmental challenges on rice production. Cross country yield gaps have been showing declining trend since early 80's.

Modelling of growth factors of coffee processing companies

In this paper, the growth factors of coffee processing companies in the Republic of Serbia were analyzed by panel data technique. The growth was measured by changes in sales, while as explanatory variables were defined the following: export, size, capital turnover, revenue cycle, current ratio (liquidity ratio), debt ratio and return on assets. The empirical examination was conducted on the basis of 160 observations of financial statements of companies in coffee market. The results show that coffee processing companies in the Republic of Serbia have an average positive growth rate (1.08) during period 2015-2018. Growth of coffee processing companies is significant negatively related to size, revenue cycle and current ratio. On the other side, profitability measured as return on assets has positive significant impact on firm growth. The results show the performances of coffee processing companies during period 2015-2018 and the profile of growth factors as a prerequisite for company's development. This information can be useful for the large number of internal and external users of financial statements in the process of decision making.

Interaction of the Eurasian Economic Union and its member states in the sphere of agriculture

The aim of the paper is to consider the international experience of delineating spheres of responsibility of national and supranational regulators in the sphere of agriculture on the example of the Eurasian Economic Union. Used philosophical, general scientific and special methods helped to provide an assessment of the process, which shows that, due to the incompleteness of the process of economic integration, the existing institutional structure of the Union cannot be considered as finalized, and therefore the assignment of certain powers to the Union's bodies is situational, which prevents the formulation of final conclusions on the specifics of delimiting the spheres of responsibility of national and supranational regulators and the boundaries of powers of national regulators in the agricultural sector. The authors concluded that Eurasian Economic Commission's powers and competence in the sphere of agriculture should be expanded in order to achieve aims of the integration entity.