Publication detail

Economic performance of european agriculture companies using factor analysis

HORNUNGOVÁ, J.

Original Title

Economic performance of european agriculture companies using factor analysis

Type

journal article in Web of Science

Language

English

Original Abstract

Agricultural production is one of the traditional sectors of the national economy. Business in this area is also very specific as it is highly dependent on weather and climate compared to other sectors. Increasingly, the sector has to be more and more environmentally sustainable, which is often a difficult task given its cost-effectiveness. In the article is analyzed economic performance, through financial data from 2 873 agriculture subjects in four parts of Europe. The main aim is to find crucial factors in the field of economic performance. Factor analysis was used for this finding. The new created variable is Factor of profitability, which includes variables ROE and ROCE. Then Pearson’s chi-square test was used to find possible dependencies between observed factor and the European region of the company. At the end of the paper, the corresponding map was constructed for a graphical representation of the newly calculated factor and the European region. Best results of profitability factor were achieved by Western and Northern countries and Southern countries are the worst performers in terms of profitability.

Keywords

Economic performance. Agriculture. European Union. Factor analysis. Correspondence map.

Authors

HORNUNGOVÁ, J.

Released

17. 7. 2023

Location

Brazílie

ISBN

1808-2882

Periodical

Custos e Agronegocio

Year of study

18

Number

4

State

Federative Republic of Brazil

Pages from

338

Pages to

348

Pages count

11

URL

http://www.custoseagronegocioonline.com.br/numero4v18/OK%2015%20performance%20english.pdf

BibTex

@article{BUT184253,
  author="Jana {Hornungová}",
  title="Economic performance of european agriculture companies using factor
analysis",
  journal="Custos e Agronegocio",
  year="2023",
  volume="18",
  number="4",
  pages="338--348",
  issn="1808-2882",
  url="http://www.custoseagronegocioonline.com.br/numero4v18/OK%2015%20performance%20english.pdf"
}