ORGANIC FOOD PRODUCTION AS POTENTIAL INCOME RESOURCE

Authors

  • Toma Krmpotić Univerzitet u Novom Sadu, Ekonomski fakuletet Subotica
  • Marija Vukosav Megatrend univerzitet primenjenih nauka, Viša poljoprivredna škola Bačka Topola
  • Jelena Bošković Megatrend univerzitet primenjenih nauka, Fakultet za biofarming Sombor
  • Jeremija Simić Univerzitet u Beogradu, Poljoprivredni fakultet Zemun-Beograd
  • Savi Ivančević Tehnički fakultet "Mihajlo Pupin" Zrenjanin

Keywords:

organic food production, profitability of organic food production, organic food production – market prices

Abstract

This paper researches and demonstrates the profitability of organic food production. The paper examines the following factors of consumer behavior in countries with different levels of development:

- the extent of information given the consumer regarding the impact of food on the human

- body,

- the standards of living, and current consumer tastes, and

- habits.

The authors are suggesting possibilities for increasing capital for production of organic food by macro and micro redistribution of expanded reproduction costs.

In conclusion, this paper will demonstrate the profitability of organic food production. Until the present time, due to a lack of scientific research, the profitable production of organic food has not been developed. However, the latest medical research will alter this situation. The realization of this change will initially begin in developed countries.

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References

1. Cyinkota, M.R. & Ronkainen, I.A.: 1988. International Marketing, Harcourt Brace&Company (page 81)
2. Engel, F.I.; Bleckwell, D.R. and Miniard W.P., 1995. Consumer Behavior, The Dryden Press, Harocourt Brace College Publishers (pp 132-134)
3. Gerrit, A. & van Raaij, F.W.; 1998 Consumer Behavior a European Perspective, John Wiley&Sons (pp184-189)
4. Kotler, P. 2000. Marketing Management, Prentice-Hall, INC (pp 193-198)
5. Peter, P.J. & Olson, J.C., 1996. Consumer Behavior and Marketing Strategy, Irwin (pp 43-56)

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Published

2006-04-30

How to Cite

Krmpotić, T., Vukosav, M., Bošković, J., Simić, J., & Ivančević, S. (2006). ORGANIC FOOD PRODUCTION AS POTENTIAL INCOME RESOURCE. Ekonomika Poljoprivrede, 53(2), 337–346. Retrieved from https://ea.bg.ac.rs/index.php/EA/article/view/1506

Issue

Section

Original scientific papers

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