ANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIA

This research analyzes the structure and economic impact of agricultural production in Serbia, focusing on gross value added (GVA). The aim is to identify the branches of agriculture that contribute the most to overall production value and quantify their impact on GVA. Basic descriptive statistics...

Full description

Saved in:
Bibliographic Details
Main Authors: Tihomir Novaković, Mirela Tomaš Simin, Dragana Novaković, Beba Mutavdžić
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2024-12-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:https://www.ea.bg.ac.rs/index.php/EA/article/view/2354
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850252001501249536
author Tihomir Novaković
Mirela Tomaš Simin
Dragana Novaković
Beba Mutavdžić
author_facet Tihomir Novaković
Mirela Tomaš Simin
Dragana Novaković
Beba Mutavdžić
author_sort Tihomir Novaković
collection DOAJ
description This research analyzes the structure and economic impact of agricultural production in Serbia, focusing on gross value added (GVA). The aim is to identify the branches of agriculture that contribute the most to overall production value and quantify their impact on GVA. Basic descriptive statistics and multiple linear regression analysis were used to determine the individual contributions of agricultural sectors. The study covers data from the Statistical Office of the Republic of Serbia for the period 2007–2022. Results show that agriculture significantly influences the national economy, especially through crop and livestock production, with crop production, particularly cereals, having the largest impact on GVA. The conclusions suggest that shifting to more intensive agricultural methods and optimizing livestock production could improve economic outcomes. Policy recommendations include strategic investments in specific sectors to enhance efficiency and economic contributions. Integrated agricultural practices are also suggested to further strengthen the sector’s overall performance.  
format Article
id doaj-art-98cf7f808e6d49b5891b8b588404e65b
institution OA Journals
issn 0352-3462
2334-8453
language English
publishDate 2024-12-01
publisher Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
record_format Article
series Ekonomika Poljoprivrede (1979)
spelling doaj-art-98cf7f808e6d49b5891b8b588404e65b2025-08-20T01:57:45ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532024-12-0171410.59267/ekoPolj24041383NANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIATihomir Novaković0Mirela Tomaš Simin1Dragana Novaković2Beba Mutavdžić3University of Novi Sad, Faculty of Agriculture, Trg Dositeja Obradovića 8, 21101 Novi Sad, SerbiaUniversity of Novi Sad, Faculty of Agriculture, Trg Dositeja Obradovića 8, 21101 Novi Sad, SerbiaUniversity of Novi Sad, Faculty of Agriculture, Trg Dositeja Obradovića 8, 21101 Novi Sad, SerbiaUniversity of Novi Sad, Faculty of Agriculture, Trg Dositeja Obradovića 8, 21101 Novi Sad, Serbia This research analyzes the structure and economic impact of agricultural production in Serbia, focusing on gross value added (GVA). The aim is to identify the branches of agriculture that contribute the most to overall production value and quantify their impact on GVA. Basic descriptive statistics and multiple linear regression analysis were used to determine the individual contributions of agricultural sectors. The study covers data from the Statistical Office of the Republic of Serbia for the period 2007–2022. Results show that agriculture significantly influences the national economy, especially through crop and livestock production, with crop production, particularly cereals, having the largest impact on GVA. The conclusions suggest that shifting to more intensive agricultural methods and optimizing livestock production could improve economic outcomes. Policy recommendations include strategic investments in specific sectors to enhance efficiency and economic contributions. Integrated agricultural practices are also suggested to further strengthen the sector’s overall performance.   https://www.ea.bg.ac.rs/index.php/EA/article/view/2354GVAAgricultural productionRepublic of Serbia
spellingShingle Tihomir Novaković
Mirela Tomaš Simin
Dragana Novaković
Beba Mutavdžić
ANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIA
Ekonomika Poljoprivrede (1979)
GVA
Agricultural production
Republic of Serbia
title ANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIA
title_full ANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIA
title_fullStr ANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIA
title_full_unstemmed ANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIA
title_short ANALYSIS OF THE GROSS ADDED VALUE OF AGRICULTURAL PRODUCTION IN THE REPUBLIC OF SERBIA
title_sort analysis of the gross added value of agricultural production in the republic of serbia
topic GVA
Agricultural production
Republic of Serbia
url https://www.ea.bg.ac.rs/index.php/EA/article/view/2354
work_keys_str_mv AT tihomirnovakovic analysisofthegrossaddedvalueofagriculturalproductionintherepublicofserbia
AT mirelatomassimin analysisofthegrossaddedvalueofagriculturalproductionintherepublicofserbia
AT dragananovakovic analysisofthegrossaddedvalueofagriculturalproductionintherepublicofserbia
AT bebamutavdzic analysisofthegrossaddedvalueofagriculturalproductionintherepublicofserbia