Slovak agricultural markets and farm income after the EU accession
2006
G. Blaas | J. Varoščák
The paper is focusing on the analysis of some aspects of changes in the economic performance of the farm sector in Slovakia during the first period after the accession to the European Union, as measured by the Economic Account of Agriculture. Authors find that the growth of agricultural goods output was the main element of the improved income generation within the sector during the first year of the EU membership. This was induced by the growth of physical crop output and new subsidies to products. Price alignment played only a minor role in the income growth within the sector. Price increases were limited to some few livestock products. The scope and range of the horizontal price transmissions might have also been influenced by the constraints on the domestic market demand, insufficient functioning of the market support institutions and shortages of marketing infrastructure.
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