Determinants of income of agricultural holdings in EU countries

Abstract

The main aim of the study is to recognise the determinants affecting agricultural income in the EU countries. The time scope in the analysis refers to the period 2004-2013. The spatial range of the research concerns agricultural holdings from EU countries (25). The evaluation has been made using the aggregated results within the agricultural accounting system of the EU’s FADN (Farm Accountancy Data Network). Comparative studied phenomena and panel regression models were used. Among the most important factors for the formation of the agricultural income, are the scale of production, subsidies under the common agricultural policy and the indicators reflecting the importance of the business outlook and price fluctuations.