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Fruit quality parameters of sweet cherry cultivars produced under rain protected plastic foil and general orchard conditions
66-69Views:89Due to global climate warming, frequency of negative weather effects (rainfall amounts, distribution, sortness) are increasing. Rainfall
amounts and frequency has also great effect of sweet cherry fruit quality around fruit ripening. Determination of optimal technological
basics (such as first class fruit quality and economic value) are an important task in dynamically growing sweet cherry production. This can
be solved with introduction of a new intensive training system. One of the solutions can be rain protecting foil which can reduce fruit
cracking and fruit rot. Without this option sweet cherry can not be grown in many countries. In this study, fruit quality parameters were
compared from a 10 year old intensive (4 x 1m) sweet cherry orchard. The effect of rain protecting foil was tested in comparison with fruits
from not covered tree -
The effect of production area on the development of yield producing factors of maize (Zea mays L.) hybrids of different genotypes
67-72Views:147Maize yield amount development is determined by the given crop year and the genotype of the applied hybrid, but beside these also by the applied agrotechnical factors, in particular by sowing technology. The development of yield amount and yield producing factors of five maize hybrids of different genotypes has been studied in a small-plot field experiment by the application of different row spacings and plant density variants. The production of the individual plants shows decreasing tendency parallel to the increasing plant density, however, this decrement is compensated by the higher number of plants per unit production area. Individual plant production is determined by the development of yield producing factors, such as the length and the diameter of cobs, just as by the thousand seed weight – that were studied in the present research work as well.
In the present research work the decreasing row spacing resulted in a yield increment of 0.67 t ha-1 (4.53%) in 2013, while in contrast in 2014 yield was decreased by 1.75 t ha-1 (14.87%). The high amount of precipitation in March was determinant in 2013: it filled up the soil water stock and balanced the negative effect of the inadequate amount and distribution of precipitation during the vegetation period for the yield. Lower extent of yield increment (0.6 t ha-1) was registered in 2014 in case of the row spacing of 76 cm than in the previous year. In case of a row spacing of 45 cm the difference between the two crop years was 3.1 t ha-1. The highest impact on the yield production factors was found in all treatment combinations in case of the applied hybrid among the three studied treatment factors. In the crop year of 2014 the effect of plant density on cob diameter and thousand seed weight could be revealed as well. In case of the cob diameter significant difference was found between the plant densities of 70 000 and 90 000 plants ha-1, just as between the populations with densities of 50 000 and 90 000 plants ha-1. In case of the thousand seed weight significant differences could be found by the application of plant densities of 70 000 and 90 000 plants ha-1. The highest values of the studied yield producing factors were measured in case of the plant densities of 50 000 and 70 000 plants ha-1; increasing the plant density to 90 000 plants ha-1 resulted in rather decreasing values.
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Comparison of crop production in Hungary and Tanzania: climate and land use effects on production trends of selected crops in a 50-year period (1968-2019)
141-149Views:189A comparison of selected crop production for Hungary and Tanzania is presented. The roles of climate, land use and productivities of crops vary significantly in the two countries. Climate impacts the distribution of crops in Tanzania more than in Hungary as Tanzania’s climate is diverse with hot, humid, semi-arid areas, high rainfall lake regions, and temperate highlands. In contrast, the Hungarian climate is temperate and uniform across the country. Land use changes significantly in Tanzania than in Hungary. Tanzania indicates a reduction in forest land and expanding agricultural land associated mainly with the variation in crop productivities and population growth. To maintain sustainable crop production, increasing crop productivity is of paramount focus to meet the requirements of the growing population.
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Global Issues of RangelandManagement
39-46Views:120Rangelands occupy about 50% of the world’s land area. They are ecologically and economically as important as rain forests and in even greater danger of degradation and disappearance. This paper reviews the definitions and distribution of rangelands and describes their global environmental importance in terms of erosion control, carbon storage and methane emission. Condition and degradation of rangelands are defined and discussed and it is argued that soil protection and carbon storage can be increased and methane emission per animal decreased by conservative use and improvement of rangelands, whilst at the same time alleviating hunger and malnutrition in developing countries. It is concluded that policies should be adopted by national governments and international deve-lopment programs to conserve and improve rangelands.
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Horn colour varieties of the Hungarian Grey cattle
83-87Views:123The Hungarian Grey Cattle breed is a ‘success-story’ of the national genetic conservation work. Traits of the breed have been subjects of several research projects, although many relationships remained unclear. Our present research results were meant to call attention to a less emphasized trait of the breed: the different horn colour varieties. Research work was carried out in the Hungarian Grey stock of the Hortobágy Non-profit Company for Nature Conservation and Gene Preservation. Ratio of the three main horn colour varieties (white, ‘cardy’, green) were determined in the observed female, male and steer stocks. Our results showed no significant differences (P<0,05) in the distribution of the horn colour varieties of the female and bull stocks, and of the female and steer stocks. We found that on the basis of the ratio of white colour, four sub-categories can be distinguished within the ‘cardy’ colour variety. Results of the statistical analysis (P<0,05) confirmed that the colour of the horn and the ratio of the black part on the horn tip are two different traits.
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Evaluation of population parameters and biometric data of an Eurasian Collared Dove (Streptopelia decaocto Friv.) population in the Great Plain of Hungary
89-92Views:361The Eurasian Collared Dove shows different patterns in density all over Hungary. In some cases, the population has decreased to a lower level, but there are habitats where the population remained stable. Several factors were taken into consideration during the evaluation of this phenomenon. These publications state that the increased urbanization of corvids, the lack of food sources, and the changes in nesting sites caused the decrease in numbers. During our research, we intend to contrast the differences in population structure of Collared Doves that differ from each other in the density of predators presented at nesting sites. As a first step, in this paper, numerous samples (n=118) were taken from a population that is less influenced by corvid species’ nest predation. Our prediction was that the population parameters remained at the level of 1980’s, in which the population of Eurasian Collared Dove has reached its maximum, according to further publications.
During the evaluation process, our data were collected from hunting bags near Nyíregyháza. Results were compared with former publications. We stated that the population structure, such as age and gender distribution remained stable in the evaluated population. In addition, morphometric factors of the collected individuals were also measured, such as weight, wing length, 3rd primary feather, and tail length, which were compared with former surveys. During statistical tests no significant difference was revealed among population parameters, but there were significant differences between most of the morphometric data, (p>0.05).
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The Influence of Cropyear on the Yield and Yield Safety of Different Sunflower Hybrids
68-73Views:170The effectiveness of plant production is basically influenced by the ecological, biological and agricultural technical factors. There are many kinds of sunflower hybrids which differres in their adaptability. If we want to increase the efficiency of sunflower production, we have to design different technologies for each hybrid. In the last decade, the range of sunflower hybrids increased exceedingly. This is the reason why we have to do experiments with them and examine what the relationship among genotypes, the environment and the hybrids is.
We made our experiments at the Látóképi Experimental Station of the University of Debrecen. We had 57 hybrids in 2001, and 44 in 2002 and 2003. We used only just those hybrids which were planted in every year.
In 2001 the months at summer were hot and the distribution of rainfall was extreme. In the beginning of the year 2002, the summer was also hot. During the abscessing period, the temperature was under the 30 years average and the rainless period was typical. In 2003, the temperature was extrame and the rainfall during the growing season was dry. The yield average which was determined after the three years in the very early group averaged 3998,9 kg/ha. The best hybrids were the LG 5385 (4273,3 kg/ha) and the Magóg (4134,4 kg/ha). The early group’s average was 4129,4 kg/ha. The best hybrid was the Astor in the early group. The middle group’s average was 4169 kg/ha and the Zoltán had a better yield than average (4238 kg/ha). In the confectionary group the Iregi szürke csíkos (3579,9 kg/ha) reached the best yield and it is above the average to it’s group (3225 kg/ha).
To estimate the results, we used factor analysis. Its results allow us to say that rainfall first and second part of June has a negative influence on yield. Aswith to the yield, yield safety is also important to know, which shows the adaptability of the hybrid.
After examining the CV% in the three years we can say that the most stable hybrids were in the very early group Samanta (10,94 CV%) and the LG 5385 (12 CV%) In the early group, the most reliable hybrids were Altesse RM (6,9 CV%) and the Astor (10,8 CV%) and the end in the middle group the Lympil (10 CV%) and in the confectionary group the Birdy (9,8 CV%) and IS 8004 (12 CV%) were the best.
After examining yield and yield safety, our conclusions are that in the Hajdúsági löszhát, the very early group LG 5385, early group Altesse RM, middle group Lympil and the parandial group IS 8004 hybrid had the highest yield and the best yield stability. -
Effect of hail net on the water potential of an apple orchard
109-113Views:168Apple production has seen a decline in yields in recent years, primarily due to ecological factors such as drought, water stress, water scarcity, uneven rainfall distribution, frost damage and hail damage. Ecological factors that are harmful to the plant can be eliminated by human intervention, irrigation or the use of hail net. In our study, we investigated the positive effects of hail net on the development of plant water potential as the vegetation progressed, in non-irrigation area with temperature and humidity. Water potential values were determined using a field osmometer. Confirmed the positive effect of the ice protection net in the apple orchard of Early Gold and Golden Reinders. Our results were supported by statistical analyzes our results.
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The aggregate stability of the soil in respect to the uniform aggregate stability indicator
83-99Views:136Soil structure and its quality are fundamental properties because they control many processes in soils. Tillage, crop and other factors influence soil structure. Efficient protection of it needs indication of changes in soil structure. A new Normalized Stability Index proposed by Six et al. (2000) tries to evaluate these changes, which was compared with some former used indices. The most common method (wet sieving) was modified to reduce the confounding effects of different particle size distribution of different soil types and method used to the investigation. Changes in soil structure caused by tillage and crop management therefore have been made quantitative and comparable. In this paper, we review the new method and Normalized Stability Index proposed by Six et al. (2000) and present the results of our investigations.
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Assessment and comparison of selenium-enriched maize with sodium selenite and sodium selenate
11-15Views:195Selenium is an element of environmental interest owing to the narrow range between its nutritionally required and toxic concentrations in many organisms. Its mobility and bioavailability differ greatly depending on individual Se species. In this regard, in present study, the uptake and distribution of Se, the changes in Se content, and the effects of different concentration of Se in two forms of sodium selenite and sodium selenate on maize plants were measured in nutrient solution experiments to clarify their response to the two forms of Se. The results revealed that the Se content in shoots and roots of maize plants significantly increased as the Se level increased. Two Se forms behaved differently and the effects of toxic damage in samples which had been treated with selenite were much more than in the selenate treatments.
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The distribution of brown marmorated stink bug (Halyomorpha halys (Stål, 1855); Hemiptera: Pentatomidae) in the Northeast part of the Carpathian Lowland (West Ukraine)
191-194Views:220Halyomorpha halys (Stål, 1855) spread rapidly during the last five years and became common and abundant in Central Europe, especially in the urban environment. In the Carpathian basin, the West Ukrainian Transcarpathia county was the last region where this species has not been found yet. The first specimens of this invasive pest were sampled in Velyka Dobron’ in 2018 and in 2019 it was found in another neighbouring village and cities of Chop, Berehove and Uzhhorod. The data provided here is the first for West Ukraine and the second for the country following the published record from Odessa (SE Ukraine). Although H. halys is still less abundant and occupied mainly urban habitats, it will certainly cause nuisance for peoples and damages for farmers in the near future.
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Effect of year and irrigation on yield and quantity of different potato varieties
7-14Views:121dramatically in the last few decades. We are lagging behind Western European countries as regards yields. The ecological conditions are not favourable for potato, but the low yields other causes: the use of non-suitable seed, the low level of irrigation and nutrient supply and out of date machinery. The competitiveness of production is further decreased by the great alternation in yields from year to year, unpredictable market conditions, poor consumption habit, and often the lack of quality products.
The experiment was carried out at the experimental site of the University of Debrecen, Farm and Regional Research Institute, at Látókép. In our experiment, we examined the yield and selected quality parameters of 9 medium-early varieties in large parcels. Of the examined varieties, 3 are of Dutch, and 6 are of Hungarian breeding.
The experiment was set up in 2004 and 2005, on 50 m2 parcels on calcareous chernozem soil after winter wheat (2004) and two rowed barley (2005) as a forecrop. The varieties were examined in 4 repetitions in randomized blocks, of which two repetitions were irrigated, and two were non-irrigated. We examined the yields of the varieties, the distribution of tubers according to size and their percentages and changes, and selected parameters of quality and chemical composition due to irrigation. We studied the dry matter content, the starch content, the underwater mass, the amount of reducing sugars, and the colour index of frying of the tubers.
Summary, it can be stated that among the agrotechniques, year effect, variety and irrigation factors have considerable impact on potato yield quality and quantity. However, the impact of irrigation depends on the year effect. -
The impacts of spring basal and side dressing on maize yield
83-86Views:200The yield potential of maize is very high. According to Tollenaar (1983), maize yield potential is as high as 25 t ha-1 (absolute dry yield) which is the highest among all cereals. In order to fully utilise this high yield potential, proper nutrient replenishment is of chief importance among all agrotechnical factors.
The aim of research was to examine the effect of nitrogen fertiliser applied as basal and side dressing on maize yield.
The measurements were performed at the Látókép experiment site (47° 33’ N, 21° 26’ E, 111 m asl) of the Centre for Agricultural Sciences of the University of Debrecen on mid-heavy calcareous chernozem soil with deep humus layer in an established experiment in 2011, 2012 and 2013. The trial design was split-split-plot with two replications.
Based on the experiment results, it can be established that the nutrient uptake of maize is greatly dependent on the amount of water store in the soil. From the aspect of the development of the maize plant and water supply, the most determinant factor was the distribution of precipitation over the growing season and not the amount precipitation. This is shown by the fact there was only 276 mm precipitation – which was favourably distributed – in 2012 to increase the availability of nutrients and the main average was the highest in this year (14.394 t ha-1).
Spring basal dressing helped maize development in all three years even on chernozem soil which is well supplied with nutrients. Although the effect of side dressing did not result in any yield increase, it could still contribute to mitigating the stress effects caused by environmental factors. Altogether, nutrient supply adapted to the various development stages of maize can favourably affect the success of maize production.
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Spatial Relationships Between pH and Vegetation Pattern in an Area Contaminated with Heavy Metals
140-143Views:102It is not possible to gain information on the risk factor representing the bioavailability and the mobility of the contaminants only on the basis of their total concentrations. Especially, in case of heavy metals, which can be charaterised with very different chemical forms and their mobil and mobilizable parts are determined by complex balances highly sensitive to the changing environmental conditions. Considering mine tailings, however, the toxic elements are basically in ore forms having low adsorption capacity, thus the heavy metal ion concentration in solution is governed mainly by the pH conditions. In Gyöngyösoroszi, the spatial distribution of the total heavy metal concentrations as well as that of pH values determining the bioavailable part of the toxic elements were estimated and by mapping the vegetation pattern, relationship was analysed among the total Zn, Cu, Pb and As concentrations, the pH and the species present. Results show that the presence of the certain plant species is highly determined by the pH on the mine tailing material, the highest vegetation density was found where the bioavailability of the toxic elements were considered the smallest as a result of the neutral pH. As a result, high diversity could be found even in places where the total zinc, copper, lead and arsenic concentrations were extreme. In addition, plant species could be identified, which are tolerant to toxic elements and present even if the pH is low and the bioavailable part of the heavy metals is relatively high.
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The effect of immigration on some population genetic parameters of the Hungarian Hucul population
91-96Views:152Population genetic indicators of the Hungarian Hucul population were calculated taking also into account the effect of imported horses.The birth year of the examined 3002 individuals ranged between 1871–2015. The last year involved in the examination was 2015, when the research was conducted on the stock under stud book control. The calculations on the population were made using the statistic indicators in the Endog programme, with and without the imported Polish horses. Figures were depicted using R software. Number of offspring of the Polish individuals was presented in tables; the distribution of the offspring per stud and per mare family, as well as the Nei’s genetic distance,were presented graphically.
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Effect of Irrigation on the Yield and Quantity of Potato Varieties
53-61Views:133In Hungary, the growing area of potato area dropped dramatically in the last few decades. Additionally not only are we lagging behind Western European countries as regards yields, but the competitiveness of production is further decreased by the great alternation in yields from year to year, unpredictable market conditions, poor consumption habits and, often the lack of quality products.
The experiment was carried out at the experimental site of the University of Debrecen, Farm and Regional Research Institute, at Látókép. In our experiment, we examined the yield and some quality parameters of 9 medium-early varieties in large parcels. Of the examined varieties, 3 are of Dutch, and 6 are of Hungarian breeding.
The experiment was set up in 2003 and 2004, in two years of significantly different precipitation, on 50 m2 parcels on calcareous chernozem soil after winter wheat as a forecrop in both years. The 9 varieties were examined in 4 repetitions in randomized blocks, from which two repetitions were irrigated, and two were non-irrigated.
We examined the yields of the varieties, the distribution of tubers according to size and their percentages, and the changes in specific parameters of quality and inner content due to irrigation. We studied the dry matter content, the starch content, the underwater mass, the amount of reducing sugars, and the colour index of frying of the tubers.
In Summary, it can be stated that among the agrotechniques, year effect, variety and irrigation factors have considerable impact on potato yield quality and quantity. However the effect of irrigation depends on the crop year. In a draughty year, like in 2003, irrigation could increase the yield by 10%, while in a more favourable wet year, the improving effect of irrigation was low. -
Virtual Appliances for geospatial data management and processing in the Integrated Land Management System (ILMS)
59-62Views:112Virtualization is increasingly taking on a key role in various system architectures which follow new platform concepts like Software as a Service (SaaS). This trend addresses more instant and short-term environments and comes with new methods and strategies for the distribution of mainly complex application stacks not only in large IT infrastructures. The paper presents how a so called Virtual Appliance can be set up in order to operate in virtual server environments using hypervisor software like Oracle Virtual-Box. Using the example of two server-side components within the Integrated Land Management System (ILMS), it will be shown that the use of state-of-the-art methods, standardized tools and interfaces on servers enables different aspects of environmental system management, analysis and planning.
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Distribution of the American grapevine leafhopper (Scaphoideus titanus ball 1932) in west Romania
127-130Views:203The vector of Grapevine Flavescens Dorée phytoplasma, the American grapevine leafhopper (Scaphoideus titanus) has been in Europe since 1924. In Romania, the first populations were detected in 2009 in the central, eastern and southern part of the country. Later, the leafhopper was found also in West Romania in 2014. In 2015 and 2017, altogether, 14 sampling sites were studied in two vine regions of this area. The Scaphoideus titanus could be detected in 10 of them with relatively small abundances. During the studies, the yellow sticky traps proved more effective methods than sweep netting. To prevent vineyards from disease, we should do everything against the vector from prevention to chemical protection.
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Comparative analysis of Staphylococcus aureus strains by molecular microbiology methods
34-39Views:167Staphylococcus aureus is a very important pathogen for dairy farms and milk processing plants. Subclinical mastitis is often caused by this species, and it can contaminate bulk tank milk when milking cows are suffering from mastitis. Additionally, thermostable enterotoxins (SE) produced by some types of this bacterium can cause food poisoning.
The aim of our research was to examine the number of S. aureus in bulk tank milk in two dairy farms and the enterotoxin-producing ability, genetic relation (pulsotype) and antibiotic resistance of S. aureus strains from different sources (bulk tank milk, udder quarter milk and environment).
The results show that the mean number of S. aureus of bulk tank milk of two farms significantly differed (P<0.05). Fourteen isolates were selected for further molecular genetic studies (five isolates were from bulk tank milk and nine isolates were from udder quarter milk). S. aureus was not recovered from the environmental samples. Three of the fourteen isolates (21.4%) tested by multiplex PCR were positive for SE genes. Two isolates carried one gene (seb) and one isolate carried two genes (seg and sei). The fourteen strains were classified into three pulsotypes and two subtypes at 86% similarity level. Isolates from bulk tank milk (n=5), were divided into 2 pulsotypes (A, C) and one subtype (C1). The isolates from udder quarter milk (n=9) belonged to three different pulsotypes (A, B, C) and two subtypes (A1, C1). The distribution of pulsotypes in the present study revealed genetic relationship between S. aureus isolated from udder quarter milk and bulk tank milk. This could be explained by the fact that in farms with a high number of infected cows, these cows could represent the main source of contamination. The results of the antibiotic resistance investigations show, that all strains were susceptible to methicillin, cefoxitin, lincomycin, tetracycline, erythromycin and sulfamethoxazole/trimethoprim. Thirteen out of fourteen strains were resistant to penicillin (A and C pulsotypes, A1 and C1 subtypes) and just one isolate was susceptible (B pulsotype) to all antibiotics tested. -
Examination of different grain hardness varieties of the grinding technology properties of wheat
423-435Views:201In the mill industry, the purpose of the grinding technology is to separate wheat endospermium and shell and to recover grists. The most important and the highest energy requirement operation is shredding. Flour quantity and quality produced from wheat depends on the variety of wheat that will be shredded, the type of grinding equipment and the condition used before the grinding. For this reason, during my experiments, I ground two grain structured varieties of wheat in laboratory conditions using a disk grinder, stone grinder and roll grinder in air-dry and conditioned states. We measured the equipment’s performance and the produced grist’s particle size distribution, followed by the calculation of the energy requirements of the grinders. In the grinding experiments we compared the ash contents of the different particle sized grist’s fractions to map the wheat’s particular properties.
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Characterization of Water Resources in Transcarpathia
277-281Views:98Transcarpathia is located in one of the wettest parts of the Ukraine. There are 9429 rivers and creeks in the county with a total length of 19.86 thousand kilometers. The length of 152 rivers exceeds 10 km, 4 exceed 100 km (Tisza, Latorca, Ung and Borsava rivers). The average density of rivers is 1.7 km/km2, which is the highest in the Ukraine. The existing water resources are distributed unevenly in the county. The river with the greatest mass of water is the Tisza. Tisza carries 75% of all existing water resources, the remaining 25% is made up of the water in the river Ung and Latorca. Disregarding the uneven distribution of water resources, 80% of water is used up in the basins of the rivers Ung and Latorca from the water resources of the county, which leads to the overload of rivers.
The main sources of water supply in Transcarpathia: subsurface waters – for the population of cities and settlements, surface and subsurface waters – for the industry, surface waters – for irrigation.
In the interest of protecting existing water resources, it is required to follow current regulations, detecting and averting contaminating sources and establishing water conservation zones. -
Distribution and damage of bacterial canker on lemon bushes in the conditions of the Southern part of Azerbaijan
41-49Views:133This paper summarises and presents the results of two-year (2020–2021) field and laboratory studies on the spread and harmfulness of bacterial canker of citrus crops (Xanthomonas citri (Hasse) Dowson.) on mid-ripening lemon cultivars (Citrus limon L.). Experimental field research conducted by us in 2020–2021. It has been established that bacterial canker (Xanthomonas citri) is found mainly on lemon bushes (Citrus limon L.). The pathogen also causes canker (Xanthomonas citri) on kinkans (Fortunella margarita (Lour) Swingle.), poncirus (Poncirus (L.) Raf.), lime (Cirtus aurantiifolia (Christm.) Swingle.). Japanese cultivars of oranges (Citrus sinensis (L.) Osbeck.) and citron (Citrus medica L.) are distinguished by significant tolerance. The most resistant are tangerines (Cirtus reticulata Blanco.) – they are almost not affected by bacterial canker (Xanthomonas citri).
We have established environmental factors that contribute to the wide spread and development of bacterial canker (Xanthomonas citri) on lemon bushes in the southern part of Azerbaijan.
The main indicators of the harmfulness of bacterial canker (Xanthomonas citri) have been identified. The potential for the death of canker-infected lemon fruits has been established. The characteristic features of external and internal signs of the disease were established. A scheme for combating bacterial canker (Xanthomonas citri) has been developed, and the optimal concentration of fungicides that retard the growth and development of pathogens has also been established. Photographs of bacterial canker (Xanthomonas citri) damage to lemon fruits are presented.
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Managing risk using real options in company’s valuation
125-132Views:186The valuation of company is very important because provides information about the current value/situation of company, and through this, provide the opportunity of choosing the best company’s growth alternatives. The future strategic decisions are characterized by lack of knowledge, information, so all measures of company’s growth are closely linked with uncertainty and risk. The company’s valuation process is also related with uncertainty and risk. The risk may result both from the assessed assets and the technique used. In literature, we could find three approaches for risk management: capital budgeting based method, methods based on portfolio analysis and real options approach of risk management. Among them, the real options based methods is the most revolutionary approach for risk management. The advantages of the method, consists in the fact, that the process of establishing strategic decisions integrates the possibility of reversibility, delay and rejections, which isn’t it possible at two previous methods. The method also takes into account the total risk of company, so both the company-specific and systematic risk. In this study, I have used one of the best-known real option based method, the Black-Scholes model, for determining the option’s value. Determination of option value is based on the data of enterprise, which was tested Monte Carlo simulation. One of the basic assumptions of the Black-Scholes model is that the value of option is influenced by several factors. The sensitivity of option’s value could be carried out with so-called “Greeks”.. In the study the sensitivity analysis, was carried out with indicators Delta (Δ), Gamma (Γ) and Vega (ν). The real options based risk management determinations were performed in the R-statistics software system, and the used modules are 'fPortofio' and 'mc2d'. By using of real options method, I have calculated the average value of company capital equal with 38.79 million. By using simulation was carried out 1000 runs. The results of this show a relatively low standard deviation, small interquartile range and normal distribution. In the calculation of indicator Delta, could be concluded the value of company moves in 0.831 proportion to the price of options, the standard deviations of index is low, so the real option based method could be used with success in company’s value estimation. The Gamma index shows the enterprise value is sensitive just for large changes. The result of Vega reflects the value of option, so the company’s value volatility, which is small in this case, but this means a volatility of value. In summary, we can conclude that the call options pricing model, well suited for the determination of company’s value.
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The Number and Species of Migrating Wild Geese in Hortobágy
22-25Views:125This paper presents the total number and annual distribution of wild geese population on Puszta Hortobágy. Two migrating goose species, White-fronted Goose (Anser albifrons) and Bean Goose (Anser fabalis) contribute most to the total number of geese population. Feeding place selection of goose depend on the season. In autumn and winter, croplands largely provided food for geese. Due to selections among fields and parts of the field, sometimes relatively high grazing pressure for the whole area may be severely multiplied in some cases resulting potentially 100% shoot defoliation on the frequented sites of a wheat field.
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Regional Development Differences in Hungary and the Northern-Great Plain Region
62-71Views:176The most important endeavour of European Union’s regional policy is to moderate disparities. An emphasised strategic objective of member states, based on the principle of solidarity, fairness and justice, is to develop regions and almost forty percent of the common budget is devoted to achieving this objective.
Hungary, as a full EU member state, will get a new chance for underdeveloped regions, especially for the Eastern-Hungarian as well as the North Hungarian and North Plain Region.
The differences in development among the regions are significantly influenced by the economic characteristics of the specific region, quality and quantity of human resources, accessability of the region and other factors influencing local quality of life beside natural conditions.
The new spatial structure was formed by change of regime, processes of the nineties, primarily the economic renewal based on foreign capital investments and the crisis phenomena in parallel with these. The economic, political and social consequences of the transformation significantly changed spatial structure and increased disparities. New disparities formed which were further aggravated as a consequence due to the formation of the eastern-western slope and local crisis zones. As a result of the outstanding development of the capital, the long term differentiation of regional development differences can also be detected when examining the regional distribution of Hungarian gross domestic product. The collapse of heavy industry and agricultural mass production based on the eastern markets primarily affected the north-east counties in the eastern part of the country.
Strengthening regional competitiveness is of key importance for the region, which requires the application of consistent development policy. The most important is economic development which, if it operates well, also infers the possibility of establishing welfare infrastructures. Drawing in external sources to ease the significant lack of capital is important for the processing industry and the development of supplier networks. Agricultural development also plays an important role in transforming economic structure, since the characteristics of the region, its traditions and long term competitive advantages are favourable, therefore it is going to represent a higher ratio within the economy than the EU average. The modernisation of the agricultural sector can be promoted by supporting market accession, quality agricultural production and stimulating producer-retailer cooperation. The development of transportation and informatics infrastructure as well as human resource development plays a significantly important role in the development of the region.
In conclusion, the implementation of such a consistent regional development policy is required in the future, based on the strengths of the region, that serves the most efficient utilisation of regional development funds through the implementation of regional policy principles and prevents the irreversible decay of the region while promoting rapid development.