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• Extent and characteristic of diversification among Hungarian agricultural holdings

  37-44

  Csilla Kissné Nagy

  Views:

  297

  Through the connection to rural resources agriculture has an impact on the three functions of countryside: ecology, society and economy. Resources of economy and production environment are continuously changing thus farmers have to adapt to these changing circumstances. One of the adaptation methods is the diversification of activities to promote effective capacity utilization and additional profit. However there is no standard definition of diversification from the point of agricultural economics aspect both traditional approaches and the influence of European Union should also be considered to define it. Diversification and alternative income opportunities could be subsistence possibilities for several farmers. This could be defined not only at private holdings’ but at enterprises’ level. According to a traditional approach Hungarian statistical databases collect on-farm and off-farm agricultural activities depending on the connection to resources of a farm business. Analysing this database an overall picture could be defined considering the position and characteristic of diversified farmers and the popularity of each activity among agricultural producers. Based on a study, published in 2011 (Hamza, 2011) this paper also involves the latest statistical data (2010, 2013). Analysing dataset of period 2000-2013 this paper gives an overall overview about national and regional position and characteristics of diversified holdings and activities.

  JEL code: Q19

• Differences in the Hungarian households’ sport expenditures

  91-96

  Dávid Paár

  Views:

  307

  The paper searches the differences between the groups of Hungarian households regarding the sport expenditures’ presence in household budget and determining factors. I used the latest Household Budget Survey (HBS) of the Hungarian Central Statistical Office from 2008 which contains data of more than 7000 households. My methods were logit and probit models, where the presence of sport expenditures were explained in households’ budget. The increase of the following indicators has a positive effect onto the possibility of the sport expenditures: income status, level of education, number of the children in the household, size of settlement. The region of the household is determining the presence of the sport expenditures too, however sex of the household’s head does not play a significant role.

• ECONOMIC ANALYSIS OF A COMPLEX PIG FARM

  Sándor Tóth

  András Nábrádi

  Views:

  281

  The objective of this study is, beyond presenting the production and economic indicators of a complex pig farm established as a brownfield investment, to analyze its cost-income and profitability relations. The Authors conducted their calculations based on primary data collection and a preliminary calculation model. The technological equipment of the presented pig farm is competitive at the European level, and its production indicators also show favorable results. The capital investment demonstrates adequate profitability, as the internal rate of return (IRR) is 12.35%, while the net present value (NPV) of the investment at the end of the 15th year is HUF 1.36 billion. According to the model, the results indicate that, on the one hand, the investment is capital-intensive, but at the same time, large-scale livestock farms equipped with similarly advanced technology are definitely necessary, as they greatly contribute to improving the sector’s efficiency. There is further potential for achieving competitive advantages through increasing economies of scale. Appropriate human resources with the necessary expertise, genetics, and feeding must accompany the technological advancement.