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The Economics of Climate Change in Agriculture: A Review on Kazakhstan and Turkey Read chapter Read first chapter

2020 | OriginalPaper | Chapter

4. An Overlook of the Economic Benefits of Value-Based Food Chains to Maintain Farms Operating in Less Favoured Areas

A Review Paper

Authors : Jernej Prišenk, Aleksander Itskovich, Jernej Turk

Published in: Sustainable Food Chains and Ecosystems

Publisher: Springer International Publishing

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Abstract

The aims of this paper go towards collecting and demonstrating the positive economic influences/effects of value-based food chains (known as food chains with added values) on the social and economic situation of farms. Especially this type of food chain can be recognized as very important for preserving the sustainable development of small farms located on hilly and mountain regions as well as on other less favoured areas. The results are based on the analysis of value-based food chains from Slovenian mountain regions. Added values are manifested through several economic parameters while the most important is the highest purchase prices of agricultural raw material. From the case study, the elasticity values were calculated for purchase prices of raw milk as the indicator to recognize the potential economic benefits. The authors have chosen two different methodological approaches for this study. Both of them are based on the empirical mathematical approach (econometric analysis).

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Footnotes
1
The content of the subtitle is a paragraph from the article Prišenk, J., Borec, A., Janžekovič, M., Grgić, I., Pažek, K., Rozman, Č., & Turk, J. (2016). The economic viability of value-based food chains. Mljekarstvo, 66(3), 231–238 on page 232.
 
2
The content of the subtitle is a paragraph from the article Prišenk, J., Borec, A., Janžekovič, M., Grgić, I., Pažek, K., Rozman, Č., & Turk, J. (2016). The economic viability of value-based food chains. Mljekarstvo, 66(3), 231–238 on page 233.
 
3
The content of the subtitle is a paragraph from the article Prišenk, J., Borec, A., Janžekovič, M., Grgić, I., Pažek, K., Rozman, Č., & Turk, J. (2016). The economic viability of value-based food chains. Mljekarstvo, 66(3), 231–238 on page 235.
 
4
The content of the subtitle is a paragraph from the article Prišenk, J., Borec, A., Janžekovič, M., Grgić, I., Pažek, K., Rozman, Č., & Turk, J. (2016). The economic viability of value-based food chain. Mljekarstvo, 66(3), 231–238 on page 236.
 
5
The content of the subtitle is a paragraph from the article Prišenk, J., Grgić, I., Zrakič, M., & Turk, J. (2018). Value-based food chains as an opportunity to improve the economic situation of dairy farms: Translog profit function approach. Mljekarstvo, 68(3), 224–233 on page 225.
 
6
The content of the subtitle is a paragraph from the article Prišenk, J., Grgić, I., Zrakič, M., & Turk, J. (2018). Value-based food chains as an opportunity to improve the economic situation of dairy farms: Translog profit function approach. Mljekarstvo, 68(3), 224–233 on page 226–228.
 
7
The content of the subtitle is a paragraph from the article Prišenk, J., Grgić, I., Zrakič, M., & Turk, J. (2018). Value-based food chains as an opportunity to improve the economic situation of dairy farms: Translog profit function approach. Mljekarstvo, 68(3), 224–233 on page 228 and 230.
 
8
The content of the subtitle is a paragraph from the article Prišenk, J., Grgić, I., Zrakič, M., & Turk, J. (2018). Value-based food chains as an opportunity to improve the economic situation of dairy farms: Translog profit function approach. Mljekarstvo, 68(3), 224–233 on page 231.
 
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Metadata
Title
An Overlook of the Economic Benefits of Value-Based Food Chains to Maintain Farms Operating in Less Favoured Areas
Authors
Jernej Prišenk
Aleksander Itskovich
Jernej Turk
Copyright Year
2020
Book
Sustainable Food Chains and Ecosystems

Print ISBN: 978-3-030-39608-4

Electronic ISBN: 978-3-030-39609-1

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-39609-1_4