The impact of farm size, production type, and incentives allocated on the productivity and profitability of agricultural enterprises in the Republic of Srpska

     

    Abstract

     

    This paper investigates the impact of farm size, production type, and incentives allocated on the productivity and profitability of agricultural enterprises in the Republic of Srpska. Using a sample of approximately one hundred enterprises from financial reports and agricultural databases between 2020 and 2024, the study employed variance analysis (ANOVA) and regression analysis to examine variations in the total factor productivity (TFP), the partial factor productivity (PFP), and profitability metrics. Results have indicated that neither the farm size nor the production type significantly affected productivity, with larger enterprises having generally shown higher profitability per hectare. Future research should explore specific factors influencing productivity, such as management practices and access to technology. This study contributes to a deeper understanding of agricultural dynamics in the Republic of Srpska, emphasizing the need for comprehensive databases and tailored policies that address the diverse needs of agricultural enterprises to enhance economic viability and growth.

     

    Key words: Agricultural productivity, Farm size, Production type, Profitability, Incentives.

     

    Pages
    1-20
    Authors

    Tamara Stojanović , Gordana Rokvić-Knežić