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Preliminary communication

https://doi.org/10.15567/mljekarstvo.2016.0308

The economic viability of value-based food chain for dairy farms in mountain regions: an econometric analysis approach

Jernej Prišenk orcid id orcid.org/0000-0002-6799-5378 ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia
Andreja Borec ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia
Marjan Janžekovič ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia
Ivo Grgić ; University of Zagreb, Faculty of Agriculture, Department of Agricultural Economics and Rural Development, Svetošimunska 25, 10000 Zagreb, Croatia
Karmen Pažek ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia
Črtomir Rozman ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia
Jernej Turk ; University of Maribor, Faculty of Agriculture and Life Sciences, Pivola 10, 2311 Hoče, Slovenia


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Abstract

The attention of this paper is drawn to analyze the economic potential of involvement of farmers into the small-medium sized value-based food chain (VBFC). The survey represents a solid dana basis from which econometric modelling approach was further developed. Empirical results reveal the positive economic viability on a general level; this means more stable purchase price of raw milk for dairy farms, which are the part of value-based food chain. Results point at inelastic demand for milk and milk related products. Furthermore, there are some accompanying and underlying indirect social benefits, such as production of high-quality food products, more stable and constant demand for raw milk, steady payments and better social situation. The last one is especially important for the farms operating in less-favored mountain areas where the survey was actually conducted.

Keywords

mountain dairy farms; demand for milk; Value-based food chain; econometric modelling

Hrčak ID:

161271

URI

https://hrcak.srce.hr/161271

Publication date:

6.7.2016.

Article data in other languages: croatian

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