Review article
ESTIMATES OF ECONOMIC PERFORMANCE OF ORGANIC FOOD RETAIL TRADE
Radojko Lukić
Abstract
As it is known, in recent years the phenomenon of "organic products" is getting more global and interdisciplinary character. The world has seen an increase of farmers' organic products, certification and the Earth's surface designed to produce organic products as well as sales of organic products. The role in the retail distribution of the produced organic products becoming a more significant.
Bearing all this in mind, this paper will deal, first, with the trend in retail development and characteristics of organic food observed globally, by country and formats (types of stores). Then we point out the key determinants of retail sales of organic food, and especially we will, as a primary goal of this paper, give a detailed overview of the theoretical-methodological and empirical problems, as well as the specific measurement of financial performance of retail sales of organic food.
Research into these problems is, for the purpose of considering the practical dimensions, based on recent relevant empirical data. The research results should serve as the basis for the creation of appropriate policies and strategies and, especially, for building integrated system of managing business and financial performance of retail organic food in the future. This is particularly true for of retail originating from a country with the distinction in the market development of organic food, as is the case with Serbia.
Keywords
organic food value chain; the reasons for buying organic food; organics food prices; premium prices; organic food efficiency distribution
Hrčak ID:
77592
URI
Publication date:
1.9.2011.
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