Acta Univ. Agric. Silvic. Mendelianae Brun. 2016, 64(1), 151-158 | DOI: 10.11118/actaun201663010151
Production Analysis of Biogas Plant in the Czech Republic
- 1 Czech University of Life Sciences Prague, Faculty of Economics and Management, Department of Economics, Kamýcká 129, 165 21 Praha 6-Suchdol, Czech Republic
- 2 University of Economics, Prague, Faculty of Business Administration, Department of Business Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic
The paper deals with an agriculture production analysis of biogas plant in the Czech Republic and evaluates the effect of input-factors and their relevance. Cobb-Douglas functions for crop, livestock and total agriculture production are used. Econometric models are used for structure and magnitude determination of land and labour factors at individual farms, which lead to an increase of production defined in scenarios. Estimations are based on cross-section data. Results indicate statistical significance and the economically highest effect of land and fixed assets on the total agriculture production. The results of first period model show, that there is preferably a need for an increase of fixed assets when enlarging the livestock production. There is an increase of the importance of wages in total and livestock production in 2011 compared to 2010. The crop production is dependent on land are in the most, but the model must be rejected because of parameters intensity and economic justification. Quantification of relationships among variables can be used for planning of the whole production or its components.
Keywords: agriculture production, farm, livestock production, crop production, Cobb-Douglas function
Grants and funding:
This paper was supported by grant IGA PEF No. 20131030 - Alternatives for biomass processing and animal waste in biogas plants and their impact on the economics of enterprises.
Prepublished online: February 29, 2016; Published: April 1, 2016 Show citation
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