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(In)efficiency of the Sugar Production in European Union - a Microeconomic Approach

Tomislav Herceg ; Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia

Puni tekst: engleski, pdf (263 KB) str. 97-110 preuzimanja: 145* citiraj
APA 6th Edition
Herceg, T. (2014). (In)efficiency of the Sugar Production in European Union - a Microeconomic Approach. Zagreb International Review of Economics & Business, 17 (SCI), 97-110. Preuzeto s https://hrcak.srce.hr/130325
MLA 8th Edition
Herceg, Tomislav. "(In)efficiency of the Sugar Production in European Union - a Microeconomic Approach." Zagreb International Review of Economics & Business, vol. 17, br. SCI, 2014, str. 97-110. https://hrcak.srce.hr/130325. Citirano 03.04.2020.
Chicago 17th Edition
Herceg, Tomislav. "(In)efficiency of the Sugar Production in European Union - a Microeconomic Approach." Zagreb International Review of Economics & Business 17, br. SCI (2014): 97-110. https://hrcak.srce.hr/130325
Harvard
Herceg, T. (2014). '(In)efficiency of the Sugar Production in European Union - a Microeconomic Approach', Zagreb International Review of Economics & Business, 17(SCI), str. 97-110. Preuzeto s: https://hrcak.srce.hr/130325 (Datum pristupa: 03.04.2020.)
Vancouver
Herceg T. (In)efficiency of the Sugar Production in European Union - a Microeconomic Approach. Zagreb International Review of Economics & Business [Internet]. 2014 [pristupljeno 03.04.2020.];17(SCI):97-110. Dostupno na: https://hrcak.srce.hr/130325
IEEE
T. Herceg, "(In)efficiency of the Sugar Production in European Union - a Microeconomic Approach", Zagreb International Review of Economics & Business, vol.17, br. SCI, str. 97-110, 2014. [Online]. Dostupno na: https://hrcak.srce.hr/130325. [Citirano: 03.04.2020.]

Sažetak
Sugar production in the world amounted to € 53.5 Bill. in 2012. It can be produced using sugar cane in tropical and subtropical climate belt or sugar beet in moderate climate. In this paper the input allocation efficiency is analysed. First part of the efficiency analysis is the microeconomic analysis of transformation of two inputs (cane and beet) into sugar. It is shown that there is no microeconomic approval for sugar production from sugar beet. Further analysis has shown that vast areas of arable land in EU could be reallocated to more profitable cultures but it would then cause price shocks on the other agricultural markets. Finally, it is shown that Croatian farmers do not have to raise revenues per hectare by switching form sugar beet to other cultures, but only to improve low productivity in its production, since the yields are below the EU average by 24%.

Ključne riječi
Perfect substitutes; agriculture; sugar beet; sugar cane; CES production function

Hrčak ID: 130325

URI
https://hrcak.srce.hr/130325

Posjeta: 267 *