The impact of fixed assets on Polish agricultural production

The power function was used to show the dependence of gross, final and sold output on the gross value of total fixed assets and on the ratios of this value to the productivity of these three production categories. Further elaboration included the characteristics of variable features. The system of i...

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Bibliographic Details
Published in:Agricultural economics (Praha) 2008-01, Vol.54 (1), p.20-25
Main Author: Zwolak, J.,Agricultural Univ. of Lublin (Poland)
Format: Article
Language:English
Subjects:
AGRICULTURA
AGRICULTURAL ECONOMICS
Agricultural production
AGRICULTURE
ANALISIS ECONOMICO
ANALYSE ECONOMIQUE
CAPITAL FIJO
CAPITAL FIXE
ECONOMIA AGRICOLA
ECONOMIA DE LA PRODUCCION
ECONOMIC ANALYSIS
ECONOMIE AGRICOLE
ECONOMIE DE PRODUCTION
extensive and intensive utilisation of fixed assets
Fixed assets
FIXED CAPITAL
http://www.fao.org/aos/agrovoc#c_203
http://www.fao.org/aos/agrovoc#c_2469
http://www.fao.org/aos/agrovoc#c_26808
http://www.fao.org/aos/agrovoc#c_2957
http://www.fao.org/aos/agrovoc#c_6055
http://www.fao.org/aos/agrovoc#c_6200
http://www.fao.org/aos/agrovoc#c_6210
http://www.fao.org/aos/agrovoc#c_7377
http://www.fao.org/aos/agrovoc#c_8672
impact
Independent variables
METHODE STATISTIQUE
METODOS ESTADISTICOS
POLAND
POLOGNE
POLONIA
PRODUCCION
PRODUCTION
PRODUCTION ECONOMICS
PRODUCTIVIDAD
PRODUCTIVITE
PRODUCTIVITY
STATISTICAL METHODS
Structural stability
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Summary:The power function was used to show the dependence of gross, final and sold output on the gross value of total fixed assets and on the ratios of this value to the productivity of these three production categories. Further elaboration included the characteristics of variable features. The system of independent variables employed in the study allowed for the estimation of both extensive and intensive utilisation of fixed assets in Polish agriculture from 2002-2005. The study showed the diminishing impact of the productivity of fixed assets and the decreasing productive efficiency of Polish agriculture from 2002-2005. This situation was caused by the relative stability in the generic structure of fixed assets and by a slow average annual rate of increase in new fixed assets (8.74%).
ISSN:0139-570X
1805-9295
DOI:10.17221/2722-AGRICECON