ECONOMIC EFFICIENCY OF EXTENSIVE LIVESTOCK PRODUCTION IN THE EUROPEAN UNION

Authors

  • Lana Nasti?, MA Institute of Agricultural Economics, Belgrade
  • Todor Markovi?, PhD University of Novi Sad, Novi Sad
  • Sanjin Ivanovi?, PhD University of Belgrade, Faculty of Agriculture, Zemun

DOI:

https://doi.org/10.5937/ekoPolj1703219N

Keywords:

extensive livestock farming, FADN, productivity, return on assets

Abstract

Various types of extensive livestock production are present worldwide, primarily in regions where natural resources such as pastures and meadows could be used. Extensive livestock production is common in the EU, as well. Therefore the goal of this research was to establish economic effciency of extensive livestock production types and to compare their effciency with some intensive livestock production types. In order to achieve that goal FADN (Farm Accountancy Data Network) methodology was used. Source of information was FADN database as well as appropriate sector analysis and publications of European commission. It has been determined that sheep and goat production is competitive with intensive production types (dairy and granivores – pigs and poultry). Cattle production (other than dairy production) proved to be economically ineffcient due to low output level.

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Published

2017-09-30

How to Cite

Nastić, L., Marković, T., & Ivanović, S. (2017). ECONOMIC EFFICIENCY OF EXTENSIVE LIVESTOCK PRODUCTION IN THE EUROPEAN UNION. Ekonomika Poljoprivrede, 64(3), 1219–1230. https://doi.org/10.5937/ekoPolj1703219N