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Author
Tóth Marián (Slovak Agricultural University in Nitra), Čierna Zuzana (Slovak Agricultural University in Nitra), Rábek Tomáš (Slovak Agricultural University in Nitra)
Title
Impact of CAP on the Cash-Flow Components in Slovak Agriculture
Source
Zeszyty Naukowe SGGW w Warszawie. Polityki Europejskie, Finanse i Marketing, 2012, nr 7 (56), s. 139-144, rys., tab., bibliogr. 5 poz.
Scientific Journals Warsaw University of Life Sciences - SGGW. European Policies, Finance and Marketing
Keyword
Rolnictwo, Przepływy pieniężne, Wspólna Polityka Rolna
Agriculture, Cash flows, Common Agricultural Policy (CAP)
Note
Country
Republika Słowacka
Slovak Republic
Abstract
The primary goal of the paper is to state the development of cash-flow in Slovak agriculture. The observed period covers 11 years, which offers the opportunity to analyze three separate periods: the pre-accession period 2000-2003, the old CAP from 2004-2006 and the current CAP 2007-2010. The data for individual companies - corporations - were obtained from The Research Institute of Agricultural and Food Economics (RIAFE) for the period 2000 - 2010. The research has shown that entering EU and adopting Common agricultural policy had a positive impact on the cash flow from operating activities. We also did identify lower investments (CF from investing activities) since 2009. One of the reasons for that can be the impact of the financial and economic crisis. The impact on net cash flow was a higher volatility. (fragment of text)
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Bibliography
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ISSN
2081-3430
Language
eng
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