Template-Type: ReDIF-Article 1.0 Author-Name: Dana Hübelová Author-Workplace-Name: Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Author-Name: Alice Kozumplíková Author-Workplace-Name: Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Title: Evaluation of Demographic and Socio-economic Factors of Mortality in the South Moravian Region (Czech Republic) Abstract: The main objectives of the article were: a comparison of the demographic and SE indicators in the South Moravian Region, a study of the development of demographic and SE indicators in the South Moravian Region in the years 2006-2015 and the clustering of similar districts on the basis of demographic and SE indicators as well as mortality and its main causes. The set of aspects affecting the structure of mortality represented 12 demographic factors and 2 socio-economic factors. The results of the composite indicator and the beta convergence indicate that the positive development of the analysed factors was mainly achieved by the Vyškov District and the Brno-Country District, while negative development was observed in the Břeclav District. The cluster analysis was based on four clusters: cluster 1 (Břeclav, Hodonín and Znojmo districts) showed below-average values of the demographic and the socio-economic indicators with a relatively favourable mortality rate based on causes of death; cluster 2 (Blansko and Vyškov districts) was classified as average; cluster 3 (mainly including the Brno-Country District) was seen as the best and cluster 4 (mainly including the Brno-City district) was observed to have negative development. Keywords: cause-specific death rate, demographic and socio-economic determinants, cluster analysis, South Moravian Region Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1255-1267 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051255 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051255.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051255.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0017.txt Handle: RePEc:mup:actaun:actaun_2019067051255 Template-Type: ReDIF-Article 1.0 Author-Name: Zuzana Janková Author-Workplace-Name: Institute of Informatics, Faculty of Business and Management, Brno University of Technology, Kolejní 2906/4, Královo Pole, 612 00 Brno, Czech Republic Author-Name: Petr Dostál Author-Workplace-Name: Institute of Informatics, Faculty of Business and Management, Brno University of Technology, Kolejní 2906/4, Královo Pole, 612 00 Brno, Czech Republic Title: Utilization of Artificial Intelligence for Sensitivity Analysis in the Stock Market Abstract: The main contribution of this paper is to perform sensitivity analysis using artificial intelligence methods on the US stock market using alternative psychological indicators. The Takagi-Sugeno fuzzy model applies investor sentiment represented by VIX index and monitors the impact of economic optimism, political stability and control of the corruption index on the S&P 500 stock index. Alternative psychological indicators have been chosen that have not been explored in the context of stock index performance sensitivity. Investors primarily use fundamental and technical analysis as a source to determine when and what to buy into an investment portfolio. However, psychological factors that may indicate the strength of reaction to the market are often neglected. Fuzzy rules are determined and tested using a neuro-fuzzy inference system and then the rules are reduced by fuzzy clustering to improve performance of ANFIS. The membership function is defined as a Gaussian function because it has the least RMSE value. The sensitivity analysis confirmed that there is a significant impact of the political stability index and the economic optimism index on the S&P 500 performance. Conversely, the sensitivity analysis, unlike the previous study, did not confirm the strong impact of VIX on equity index performance. Results indicate that incorporating psychological indicators in macroeconomic models leads to better supervision and control of the financial markets. Keywords: artificial intelligence, fuzzy approach, fuzzy logic, sensitivity analysis, sentiment, soft computing, stock market Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1269-1283 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051269 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051269.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051269.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0018.txt Handle: RePEc:mup:actaun:actaun_2019067051269 Template-Type: ReDIF-Article 1.0 Author-Name: František Jurečka Author-Workplace-Name: Global Change Research Institute, Academy of Sciences of the Czech Republic, v.v.i, Bělidla 986/4a, 603 00 Brno, Czech Republic Author-Name: Martin Možný Author-Workplace-Name: Global Change Research Institute, Academy of Sciences of the Czech Republic, v.v.i, Bělidla 986/4a, 603 00 Brno, Czech Republic Author-Name: Jan Balek Author-Workplace-Name: Global Change Research Institute, Academy of Sciences of the Czech Republic, v.v.i, Bělidla 986/4a, 603 00 Brno, Czech Republic Author-Name: Zdeněk Žalud Author-Workplace-Name: Global Change Research Institute, Academy of Sciences of the Czech Republic, v.v.i, Bělidla 986/4a, 603 00 Brno, Czech Republic Author-Name: Miroslav Trnka Author-Workplace-Name: Global Change Research Institute, Academy of Sciences of the Czech Republic, v.v.i, Bělidla 986/4a, 603 00 Brno, Czech Republic Title: Comparison of Methods for the Assessment of Fire Danger in the Czech Republic Abstract: The performance of fire indices based on weather variables was analyzed with a special focus on the Czech Republic. Three fire weather danger indices that are the basis of fire danger rating systems used in different parts of the world were assessed: the Canadian Fire Weather Index (FWI), Australian Forest Fire Danger Index (FFDI) and Finnish Forest Fire Index (FFI). The performance of the three fire danger indices was investigated at different scales and compared with actual fire events. First, the fire danger indices were analyzed for different land use types during the period 1956-2015. In addition, in the analysis, the three fire danger indices were compared with wildfire events during the period 2001-2015. The fire danger indices were also analyzed for the specific locality of the Bzenec area where a large forest fire event occurred in May 2012. The study also focused on the relationship between fire danger indices and forest fires during 2018 across the area of the Jihomoravský region. Comparison of the index values with real fires showed that the index values corresponded well with the occurrence of forest fires. The analysis of the year 2018 showed that the highest index values were reached on days with the greater fire occurrence. On days with 5 or 7 reported fires per day, the fire danger indices reached values between 3 and 4. Keywords: fire danger, fire danger rating system, fire danger index, fire event, forest fire, wildfire Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1285-1295 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051285 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051285.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051285.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0019.txt Handle: RePEc:mup:actaun:actaun_2019067051285 Template-Type: ReDIF-Article 1.0 Author-Name: Ivana Mandysová Author-Workplace-Name: Faculty of Economics and Administration, University of Pardubice, Studentská 84, 532 10 Pardubice 2, Czech Republic Author-Name: Jana Kubanová Author-Workplace-Name: Faculty of Economics and Administration, University of Pardubice, Studentská 84, 532 10 Pardubice 2, Czech Republic Title: Managers' Response Towards Business Environment - Behavioral Management Abstract: Article presents the results of testing managers' behavior and response towards business environment. The study develops ideas how to extend current management theory with behavioral approach. Research method is based on in-depth empirical qualitative analysis, results are subject of quantitative verification using statistical methods which allows reaching better results. Research proceeds inductively, it means that new knowledge is generated as outcome and matched to theories. Decisions are examined as responses towards business environment components, correlations and significances between active or passive managers' behavior are demonstrated. Proactive managerial approach is characterized by frequent change and diversification in suppliers, customers, human resources and product portfolio. As a conclusion, managerial response can be interpreted as a product of managers' activity, personal preferences and abilities. The re-orientation towards recognition of active or passive behavior is developed and matched towards current theories. It can be assumed, that the current scientific discussion is potentially relevant in seeking to explain the role of individual manager. In summary, the analysis and the outcomes have proved managers' exceptional flexibility in counteracting actively the shortcomings of external context. Keywords: behavioral management, management, business environment Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1297-1307 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051297 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051297.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051297.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0020.txt Handle: RePEc:mup:actaun:actaun_2019067051297 Template-Type: ReDIF-Article 1.0 Author-Name: Ewa Wanda Maruszewska Author-Workplace-Name: Department of Business Informatics and International Accounting, Faculty of Finance and Insurance, University of Economics in Katowice, Ul. 1 Maja 50, 40-287 Katowice, Poland Author-Name: Marzena Strojek-Filus Author-Workplace-Name: Department of Accounting, Faculty of Finance and Accounting, Faculty of Finance and Insurance, University of Economics in Katowice, Ul. 1 Maja 50, 40-287 Katowice, Poland Author-Name: Jiří Pospíšil Author-Workplace-Name: Department of Financial Accounting and Auditing, Faculty of Finance and Accounting, University of Economics Prague, nám. W. Churchilla 1938/4, 130 67 Praha 3, Czech Republic Title: An Empirical Examination of Accounting Comparability: Goodwill Recognition and Disclosure in Selected Central European Countries Abstract: Over the last few decades, there have been unusually frequent changes in the required accounting rules and methods for measuring and reporting positive and negative goodwill of business entities and capital groups. We suggest that the lack of consistent accounting regulations among Central Eastern European countries in accounting for positive and negative goodwill distorts the economic content of this very important economic resource and therefore its usefulness for decision making is adversely affected. The aim of this study is to investigate accounting regulations for goodwill in Poland, the Czech Republic, and Slovakia. To achieve this goal, a critical analysis of the literature is conducted, and the applicable legal regulations are analysed. An empirical case study regarding goodwill recognition, measurement, and disclosure is presented based on data received from an actual acquisition transaction. Since the three countries studied are neighbours and cross-country acquisitions are important instruments for regional economic development, we issue a call for regional harmonization of local accounting regulations, preferably based on International Financial Reporting Standards (IFRS). Keywords: accounting comparability, business acquisition accounting, goodwill recognition, negative goodwill Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1309-1323 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051309 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051309.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051309.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0021.txt Handle: RePEc:mup:actaun:actaun_2019067051309 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Basir Paly Author-Workplace-Name: Department of Animal Science, Faculty of Science and Technology, Alauddin Makassar State Islamic University, Jl. Sultan Alauddin No.63, Romangpolong, Kec. Somba Opu, Kabupaten Gowa, Sulawesi Selatan 92113, Indonesia Title: Calving Interval of Productive PC to Increase Cattle Population Growth: A Case Study At South Sulawesi, Indonesia Abstract: This study aimed to determine the contribution of shortening the calving interval to the growth of the beef cattle population in Indonesia. It used panel data from the 2013-2016 time series and cross-sectional data from 24 districts in South Sulawesi. The variables observed were population growth (PG), productive cows (PC) which have the potential to give birth and calving interval (CI). The data were analyzed by regression of panel data using software-reviews 8. The results showed an average length of CI of 28.18 months. PC gave a positive contribution of 0.003% to PG but was not significant (p > 0.05), while CI contributed negatively to PG by -0.028% and was significantly (p < 0.05) for PG. A 1% increase in CI could decrease PG by 0.028%. On the contrary, any decreased or shortening by 1% of CI could raise PG by 0.028%. Without shortening CI, PG decrease. The shortening of the calving interval on the growth of the beef cattle population in Indonesia can be done by up to 45%, from 28.18 ±4.12 to 15.15 ±4.12 months and PG increased about 1.311% from 5.633% to 6.944%. The key to shortening CI is a change of maintenance system, from extensive to semi-intensive, and control of the mating process. Breeders should limit the length of the weaning period and maximize conceptions during the mating period. Keywords: beef cattle, calving interval, population, productive cow Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1325-1333 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051325 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051325.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051325.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0022.txt Handle: RePEc:mup:actaun:actaun_2019067051325 Template-Type: ReDIF-Article 1.0 Author-Name: Jaroslava Rajchlová Author-Workplace-Name: Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Author-Name: Anna Fedorová Author-Workplace-Name: Department of Finance, Faculty of Business and Management, University of Technology, Antonínská 1, 601 90 Brno, Czech Republic Author-Name: Kristina Somerlíková Author-Workplace-Name: Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Author-Name: Libor Grega Author-Workplace-Name: Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Title: Assessment of Impact of Capital Acquisitions on the Economic Situation of Consolidated Entities in the Czech Republic Abstract: Business acquisition constitutes a fundamental aspect of business environment formation. Our research has focused on assessment of impact of capital acquisition on the economic condition of the company. Therefore, the second research level has been initiated, focusing on the individual assessment of the single companies to identify allocation of synergy between consolidated units and parent companies in the Czech Republic. For our research, taking into consideration availability of data and subsequent explanatory value of the results, we will consider synergistic effect as presented in the Ansoff's concept. Consolidated financial statements of totally 719 groups of accounting entities - business concerns in the Czech Republic has been studied in the research. A composite indicator, as the modern tool for comparison and evaluation of development of entities, has been selected to compare individual economic indicators of parent companies and group of their companies. We believe that developed arguments allow us to formulate conclusion that capital acquisitions, resulting in the years 2008-2013 in the obligation to compile consolidated financial statement, have brought positive financial synergistic effects in majority of cases, and we can rank them among successful business activities. Keywords: acquisition, consolidated reporting entities, synergistic effect, composite indicator, economic indicators Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1335-1345 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051335 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051335.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051335.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0023.txt Handle: RePEc:mup:actaun:actaun_2019067051335 Template-Type: ReDIF-Article 1.0 Author-Name: Lenka Roubalová Author-Workplace-Name: Department of Statistics and Operation Analysis, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Author-Name: Lenka Viskotová Author-Workplace-Name: Department of Statistics and Operation Analysis, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Title: The Time Augmented Cobb-Douglas Production Function Abstract: The main objective of this paper is to propose and verify a time augmentation of the Cobb-Douglas production function parameters which should be able to capture changing conditions over time. The parameters are estimated via the nonlinear least squares method. As data a time series including production and its sources, labour and capital, in the construction industries of six Central European countries for the period 1995-2015 is used. Our results, based on calculation of R2 and Theil's U, prove that the models containing the time augmented parameters are better than the basic one. Also a verification of evaluated models using the economic reality for each country is given. In addition to the superiority of the time augmented models, these are applicable to distinguish the specifics of the development of productivity in individual countries. Keywords: central European countries, Cobb-Douglas production function, construction industry, nonlinear least squares, parameters constancy, production function Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1347-1356 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051347 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051347.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051347.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0024.txt Handle: RePEc:mup:actaun:actaun_2019067051347 Template-Type: ReDIF-Article 1.0 Author-Name: Anatoliy Tryhuba Author-Workplace-Name: Faculty of Mechanics and Power Engineering, Lviv National Agrarian University, str. Vladimir the Great, 1, Dublyany, Zhovkva district, Lviv region, 80381, Ukraine Author-Name: Vitalij Boyarchuk Author-Workplace-Name: Faculty of Mechanics and Power Engineering, Lviv National Agrarian University, str. Vladimir the Great, 1, Dublyany, Zhovkva district, Lviv region, 80381, Ukraine Author-Name: Inna Tryhuba Author-Workplace-Name: Faculty of of Agrotechnology and Ecology, Lviv National Agrarian University, str. Vladimir the Great, 1, Dublyany, Zhovkva district, Lviv region, 80381, Ukraine Author-Name: Oleh Boyarchuk Author-Workplace-Name: Faculty of Mechanics and Power Engineering, Lviv National Agrarian University, str. Vladimir the Great, 1, Dublyany, Zhovkva district, Lviv region, 80381, Ukraine Author-Name: Oksana Ftoma Author-Workplace-Name: Faculty of Economics, Lviv National Agrarian University, str. Vladimir the Great, 1, Dublyany, Zhovkva district, Lviv region, 80381, Ukraine Title: Evaluation of Risk Value of Investors of Projects for the Creation of Crop Protection of Family Dairy Farms Abstract: The analysis of the status and trends of the development of territorial communities in Ukraine is carried out. The expediency of the development of tools for assessing the risk of investors' value in projects for the creation of cooperatives for the provision of family dairy farms is substantiated. The model and computer program of risk assessment of investors' value of projects based on the use of probability theory, methods of mathematical statistics and modeling of work execution for determination of variable costs for feed production are developed. It has been established that there are three scenarios for the formation of the value of investors for the creation of FC projects and three zones of their risk. The initial data are grounded for assessing the risk of investors investing in projects for the creation of cooperatives for the provision of family dairy farms. The study of the characteristics of the project environment for the conditions of the "Pokrova" SOK has been performed, which is located on the territory of the Zabolotiv's community of the Brody district of the Lviv region. The statistical characteristics of distribution of expenses for production of feed, their market value and profit of investors of cooperatives forage supply of family dairy farms are substantiated. The level of risk of obtaining value from investments in the project of establishing a cooperative of forage provision of family dairy farms with a given minimum value of their profit is determined. Keywords: risk, value, investors, projects, creation of cooperatives, feed production, family dairy farms Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1357-1367 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051357 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051357.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051357.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0025.txt Handle: RePEc:mup:actaun:actaun_2019067051357 Template-Type: ReDIF-Article 1.0 Author-Name: Alžběta Veverková Author-Workplace-Name: Department of Accounting and Taxes, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Title: IFRS 16 and its Impacts on Aviation Industry Abstract: Current differences between the accounting models for a financial and an operating lease and their critics from the users of the financial statement forced the IASB issued a new Leases Standard, IFRS 16, which supersedes IAS 17 Leases and its related interpretations in January 2106. IFRS 16 will eliminate dual accounting model for lessees and it is assumed to have significant business implications, especially from lessee's point of view. The paper focuses on quantification of the impact of IFRS 16 on selected financial statement items and financial analysis ratios of fifteen European airlines. The research is also concerned with comparison of the article outputs with the previous cases studies. The paper confirmed that lease capitalization under IFRS 16 will have a material impact on the reported numbers in the balance sheet and income statement and result in significant changes to return and leverage ratios. Keywords: IFRS 16, IAS 17, operating lease, capitalization Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1369-1377 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051369 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051369.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051369.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0026.txt Handle: RePEc:mup:actaun:actaun_2019067051369 Template-Type: ReDIF-Article 1.0 Author-Name: Ivo Zdráhal Author-Workplace-Name: Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Author-Name: Nahanga Verter Author-Workplace-Name: Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Author-Name: Barbora Daňková Author-Workplace-Name: Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Author-Name: Jan Kuchtík Author-Workplace-Name: Department of Animal Breeding, Faculty of AgriSciences, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic Title: Products Mapping' and Agri-Food Trade between Nigeria and ECOWAS Member Countries Abstract: Intra-ECOWAS trade and food evxports have been debated and given attention in recent years. The paper uses an analytical tool, called 'products mapping' following some methods, such as trade balance index, Balassa index and Lafay index to analyse comparative advantages in all 46 food items (SITC 0 + 1 + 22 + 4) in trade between Nigeria and ECOWAS as well as the world. The findings suggest that Nigeria has performed better in trading with other ECOWAS countries than in trading with the overall world market. For Nigeria and the world, the findings reveal that the country's comparative advantages reduced from 12 out of 46 (12/46) in 1995 to 8/46 food products in 2017. The notable products that reveal comparative advantages and positive TBI are cocoa (SITC 072), crustaceans (SITC 036), fruits and nuts (SITC 057); and oil seeds and oleaginous fruits (SITC 222).Contrary to Nigeria's trade with the world, the results suggest that the country's comparative advantages in trading with ECOWAS countries rose from 19/46 in 1995 to 26/46 food products in 2017. The notable products that show comparative advantages and positive TBI are tobacco, edible products, maize and wheat. Inversely, food products with comparative disadvantage and adverse TBI, slightly reduced from 18/46 in 1995 to 17/46 in 2017. The findings further suggest that the structure of Nigeria's food trade with ECOWAS has started involving and improving, albeit at a slow pace. There is an urgent need to stimulate domestic food production and food processing industries for domestic consumption and exports. Regional and national agricultural policies should be dramatically implemented for self-sufficiency and more comparative advantages and the number of positive TBI to be ensured and sustained. Keywords: agri-food, comparative advantage, food products, intra-ECOWAS, Lafay index Journal: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Pages: 1379-1392 Volume: 67 Issue: 5 Year: 2019 DOI: 10.11118/actaun201967051379 File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051379.html File-Format: text/html File-URL: http://acta.mendelu.cz/doi/10.11118/actaun201967051379.pdf File-Format: Application/pdf X-File-Ref: http://acta.mendelu.cz/RePEc/mup/references/acu-201905-0027.txt Handle: RePEc:mup:actaun:actaun_2019067051379