Relationships between investment support and production in Latvian agriculture
2010
Upite, I., Latvia Univ. of Agriculture, Jelgava (Latvia). Faculty of Economics. Dept. of Business and Management
The purpose of investment support is to promote investments in the agricultural industry. In 2007-2008, Latvian farmers have received an investment support of almost LVL 126 million for increasing the efficiency and competitiveness of farms. The lack of territorial criteria for granting support in Latvian agriculture is subject to criticism. The research sets forth a hypothesis on attracting investment support in the most active Latvian farms. Relationships between the activity of agricultural production and the attraction of investment support in Latvian regions are identified applying the method of cluster analysis to verify the hypothesis.
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