Slovak agricultural markets and farm income after the EU accession
Blaas, G.(Vyskumny Ustav Ekonomiky Polnohospodarstva a Potravinarstva, Bratislava (Slovak Republic)) E-mail:[email protected] | Varoscak, J.(Vyskumny Ustav Ekonomiky Polnohospodarstva a Potravinarstva, Bratislava (Slovak Republic))
Changes in the economic performance of the farm sector in Slovakia during the first period after the accession to the European Union are analysed. 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. Price alignment played only a minor role in the income growth within the sector. Price increases were limited to some 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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