Financial aspect of firms' sustainability in Estonian agriculture
2007
Nurmet, M. | Lemsalu, K.
Competitiveness and sustainability are the key words in today's rural development and agriculture. The present paper uses farm-level data from the Estonian Farm Accountancy Data Network and focuses on measuring sustainable growth of agricultural firms. We determine sustainable economic growth rate for agricultural firms of different sizes and analyse the factors that influence the determination of growth. The results show that net incomes, sales turnover and the size of an agricultural firm are important factors, which determine its growth perspectives.
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