INVESTMENTS IN SERBIAN AGRICULTURE

Dragan  Milić; Bogdan Jocić; Tihomir  Novaković; Dragana  Tekić; Zoran  Ilić; Branka  Maksimović

doi:10.59267/ekoPolj2302411M

Authors

Dragan Milić University of Novi Sad, Faculty of Agriculture, Trg Dositeja Obradovića 8, 21101 Novi Sad, Serbia https://orcid.org/0000-0003-0377-1540
Bogdan Jocić University of Novi Sad, Faculty of Agriculture, Trg D. Obradovića 8, 21000 Novi Sad, Serbia https://orcid.org/0000-0002-1745-3255
Tihomir Novaković University of Novi Sad, Faculty of Agriculture, Trg D. Obradovića 8, 21000 Novi Sad, Serbia https://orcid.org/0000-0002-8405-3403
Dragana Tekić University of Novi Sad, Faculty of Agriculture, Serbia https://orcid.org/0000-0002-1924-6196
Zoran Ilić ECOVIS FinAudit doo Beograd, Ljubana Jednaka 1, 11000 Beograd, Serbia https://orcid.org/0000-0001-6955-6443
Branka Maksimović University of Novi Sad, School of business, Vladimira PerićaValtera 4, 21101 Novi Sad, Serbia https://orcid.org/0000-0001-5414-4729

DOI:

https://doi.org/10.59267/ekoPolj2302411M

Keywords:

investments, fixed assets, agriculture, capital ratio

Abstract

The paper shows the relation between gross domestic product (GDP) and investments in the Republic of Serbia. The observed relation was analyzed at the economy level, as well as in agricultural particular. The observation period is from 2005 to 2020. The function of investments is overviewed through the capital ratio. In this way, it was established to what extent part of the newly created value is returned to the production process, both at the level of the entire economy and at the level of agricultural activity separately. The low participation of investments in the gross domestic product is highlighted, which indicates an unfavorable relationship towards economic and agricultural activity for the observed time period.

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Author Biographies

Dragan Milić, University of Novi Sad, Faculty of Agriculture, Trg Dositeja Obradovića 8, 21101 Novi Sad, Serbia

Bogdan Jocić, University of Novi Sad, Faculty of Agriculture, Trg D. Obradovića 8, 21000 Novi Sad, Serbia

Tihomir Novaković, University of Novi Sad, Faculty of Agriculture, Trg D. Obradovića 8, 21000 Novi Sad, Serbia

Dragana Tekić, University of Novi Sad, Faculty of Agriculture, Serbia

Zoran Ilić, ECOVIS FinAudit doo Beograd, Ljubana Jednaka 1, 11000 Beograd, Serbia

Branka Maksimović, University of Novi Sad, School of business, Vladimira PerićaValtera 4, 21101 Novi Sad, Serbia

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