INPROFORUM 2007

Empirical analysis of agricultural investment activity
Lukáš Čechura, Michal Malý

Language: en
Last modified: 2013-10-03

Abstract


The contribution deals with the empirical analysis of investment activity of agricultural enterprises. The investment activity and its characteristics are analysed based on the employed accelerator model, which is fitted on the unbalanced panel data set of agricultural enterprises in the period of 1999-2005. Then, the sample of agricultural enterprises is divided into two groups according to the size. The comparison of the investment activity of these groups is the point of the subsequent analysis and discussion.


Keywords


Accelerator model, investment activity, agricultural enterprise, financial constraint, profit maximization

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