Review article

Methodological Challenges in the Cost Analysis and Management in Agriculture: A Literature Review

Milan Suša ; Veleučilište u Križevcima, Milislava Demerca 1, Križevci, Hrvatska

Abstract

This paper provides an overview of the impact of various factors on cost management in modern agricultural production while utilizing the literature sources from 2019 to 2023, with an emphasis on the integration of technological advancements such as precision agriculture and artificial intelligence. The text examines the deficiencies in the existent research and explores financial consequences of external factors, such as the subsidies and shifts on the global market, with regard to the agricultural expenses. The findings indicate substantial enhancements in profitability and sustainability while applying contemporary approaches, providing suggestions for future study to enhance agricultural economic practices.

Keywords

cost analysis in agriculture, precision agriculture, economic sustainability, technological integration, external economic factors

Hrčak ID:

319685

URI

https://hrcak.srce.hr/319685

Publication date:

20.7.2024.

Article data in other languages: croatian

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