Encouraging of competitive relations and strengthening of competitive position of domestic producers on both national and EU common market of products and services become one of the main priorities of national economic policy. Latvian national interests are closely related to the maintenance of the competitive environment as an important factor for increase of competitiveness of separate commodity, enterprise or industry, which is able to provide economic growth in the circumstances of declining the business activity and strong competition on internal and external markets. However, fair market competition takes place only on the markets where there are no any essential obstacles and barriers for potential entry of new market actors. That is why the present article is prepared on the basis of case study carried out for Latvian grain processing sector with the purpose to describe and qualitatively assess the effects of various entry barriers, which really exist on the domestic market.

In recent years, farmers’ markets have become one of the most popular places for alimentary shopping. People searching for the alternative and healthier products often choose farmers’ markets instead of shopping centres. However, farmers’ markets face the same or even tougher competition than the conventional shopping places: farmers not only compete with powerful shopping chains, they have to compete among each other for every single customer. Therefore, customer loyalty becomes inevitable in this industry. Knowing the factors that lead customers to switch to another vendor becomes very important for consumer retention. The aim of the research is to determine the factors influencing customer switching behaviour in farmers’ markets in Lithuania. In order to reach the aim, the research was conducted in several stages: 1) the expert evaluation was provided to determine the factors influencing the customer switching behaviour that would be relevant to the industry; 2) a questionnaire survey regarding latter factors was provided; 3) the influence of the factors on customer switching behaviour regarding the different states of customer loyalty was assessed.

At different points in the history there have been attempts to evaluate the volume and value of separate game-related goods and services in Latvia; however, so far there have been no comprehensive studies covering the role of the game management and its impact on Latvia’s economy. Such data would be necessary not only to evaluate the impact of the game management on Latvia’s economy, but also to set appropriate priorities in cases where game animals cause damage to other sectors of economy. In order to evaluate the role of the game management in the national economy, lists of the game-related goods and services have been drafted, sources of information have been identified to determine the volume and monetary value of the goods and services in the 2009/2010 hunting season, as well as a methodology has been developed to acquire the missing information. It has been determined that the total monetary value of the game-related products was 3.66 million LVL, while the game-related services accounted for 18.86 million LVL. The total contribution of the game management to Latvia’s economy in the 2009/2010 hunting season has been estimated at 22.52 million LVL. Among the game-related products the most significant product is the game meat total amount (sales and own consumption) of which has been estimated at 2.8 thousand tons, while total value accounted for 3.6 million LVL. Among the game-related services the most significant contributors are the following: sales of hunting equipment (6.7 million LVL) and game-related transportation costs (4.7 million LVL).

Europe’s future wood demand for energy is expected to increase by 10 million to 200 million m3 in the period 2010- 2030. This will be supplied by both domestic sources (forests, industrial residues post-consumer wood waste), but also from sources outside Europe. The EU-28 predicts a near future (2020) gap between solid biomass supply and demand for renewable energy: 21.4 million tonnes of oil equivalents (MTOE). This is estimated via preliminary renewable energy action plans (NREAP’s) per country. The EU-28 expects wood pellet import will merely complete this gap of 21.4 MTOE, with more than 50 million tonnes of pellets. This implies a feedstock need of 125 million m3 of wood from forests and other sources outside the EU-28. A practical approach to include bioenergy in wood sector models should start with the input of wood pellets. Ideally, three types of bioenergy markets should be considered, in which pellets and the other major woody feedstock are included: 1. Large scale power production (the UK, Belgium, the Netherlands, all importing pellets from outside the EU-28); 2. Medium scale combined heat and power (CHP’s) including those in the forest sector (Nordic countries use pellets and chips for energy, merely imported from the EU-28); 3. Small scale residential heating (Germany, Austria and Italy, using wood pellets and logs from regional sources). We suggest starting with inclusion of medium scale CHP’s, followed by large scale power production. Small scale heating is relatively stable and should not have large impacts on future markets.

Nowadays the demand for fast and easy-to-make meals is ever increasing. This type of food is an essential dietary component of a large section of people in developed countries. Given the economic importance of ready-to-eat meals there is a need for a better understanding of the factors that determine their consumption. The aim of this research was to determine consumer attitudes towards the introduction of ready-to-eat meal (MRE) sets in the Latvian market. A survey was performed to determine the Latvian citizens’ attitudes towards the introduction of this type of quick-tomake, ready-to-eat products into the market of Latvia. The survey included a total of 800 respondents who answered 14 questions which were related to the interest in MRE sets that can be prepared (warmed up etc.) in less than 10 minutes and taste like home-cooked food, and the types of MRE sets these consumers would like to purchase. The demand forecast for MRE sets in the Latvian market is rather high as 67% of the respondents expressed a desire to purchase these products; the development and implementation of MRE sets is topical. The results show that the highest rated MRE set the respondents, a total of 77.1%, expressed a desire to purchase, was chicken fillet with vegetables. No significant differences in terms of liking were observed between chicken fillet with vegetables and chicken fillet with rice, the second highest rated MRE set by 73.9% of the respondents (p is greater than 0.05).

Nowadays, veganism is becoming increasingly popular, because health concerns are usually the primary reason why people turn to vegan diet. The aim of the study was to identify the supply of vegan products on the Latvian market by analysing the ingredients used in the production of the products, nutritional and energy value of vegan products. 192 vegan products made in 20 different countries and available in online stores that offer their goods on the Latvian market were analysed. The research was carried out from January to March 2020. Information on the country of origin, ingredients, nutritional and energy value of the products was taken from product labels. The majority of the vegan products in Latvian online stores come from Germany. The most important ingredient in the production in product groups such as meat substitutes and dairy alternatives is soya (Glycine max.), which provides high protein content. The vegan products could not be characterized as low in fat, as the average fat content in the various product groups ranged from 7.9±1.7 to 19.7±3.3 g 100 gE−1 of product, except beverages. The average energy values for all product groups varied between 210.7 kJ 100 mLE−1 for beverages and 1226.0 kJ 100 gE−1 for snacks. There would be a need for everyday vegan products in the Latvian market, as most of the products are snacks at the moment, and legumes should be used as ingredient in the production of new vegan products with increased nutritional value.

Today technological progress is reshaping global economic development and changing the overall welfare of societies. Therefore, it is important to assess challenges and readiness of the European Union to use its capacity to ensure that technologies benefit people and bring them towards more inclusive societies enhancing opportunities to use artificial intellect for making health, education, agriculture, services and manufacturing industries more efficient and user friendly. The Digital Economy and Society Index analyses the digital performance of the EU Member States across five main dimensions: connectivity, human capital, use of internet, integration of digital technology, digital public services. However, despite intention to jointly develop Digital Single Market, the gap between the EU top digital countries and less digitally advanced countries remains large. The aim of this paper was to evaluate the digital performance indicators of the EU countries, in particular focusing to Poland and Latvia to assess their progress and potential of their human capital’s digital skills. The research is based on theoretical literature studies on industrial revolution stages, European Union Commission documents, indexes and publications available in relevant public institutions such as ministries and industry reports. The research employed monographic method, analysis and synthesis methods as well as graphical data analysis. The research results give evidence that currently Poland’s human capital is significantly better prepared for making use of future digital economy challenges than Latvia’s human capital, and there is a close link between countries’ R and D expenditures proportion of GDP and their human capital’s readiness to integrate in digital economy.

Farming outputs in agriculture depend on the nature of production, i.e. different farming systems generate different outputs. All these outputs are important for the society, and, therefore, require an integrated approach in view of the specific farming characteristics, where market and non-market outputs are taken into account. Therefore, the paper focuses on analysis of farming system outputs and methods of their evaluation. The objectives of this paper are to define the features of different farming systems and their outputs, then, to analyse the methods of evaluation of farming system outputs used in the studies. In order to achieve the research aim, analysis of economic scientific literature has been conducted; characteristics of farming systems and their outputs have been analysed; evaluation methods of the market and non-market farming system outputs, revealing their advantages and disadvantages, have been examined. Methods of systemic and logic analysis have been applied to analysis of the farming system outputs and their evaluation. The analysis has shown that intensive farming systems generate more market goods, while extensive farming systems – more public goods. Price-based methods are mostly used for the evaluation of market outputs of farming systems. Stated preferences methods are the most universal techniques used for the determination of the values from non-market farming system outputs. Hedonic pricing approaches are used for evaluation of specific agricultural public goods related to recreation or leisure and related to the particular groups of users.

The objectives were to: (1) identify and quantify the effect of technological change on productivity, profitability, and competitiveness in different milk production systems and regions of the country; (2) analyze the relationship between productivity, technological change, profitability, and competitiveness; (3) analyze the evolution of milk production systems in Colombia; and (4) discuss the market concentration and its impact on the formation of milk price. Data came from a survey to 545 farms during the year 2000 in five regions: Caribbean and Piedmont in the lowlands, Coffee Growing, Antioquia, and the Cundiboyacense altiplanicie in the highlands. The survey was designed to quantify inputs and products in order to determine costs and prices at the farm level in order to calculate (a) variable costs for feed supplementation, labor, health, reproduction, fertilization, and irrigation; (b) gross income from the sale of milk and beef, and (c) to characterize farms according to productivity level and management practices. The statistical analysis of multiple correspondence and general linear models were used to explain the variability observed between productivity and profitability as a function of technological change. Independent of the production system or the region where farms were located, the increase in competitiveness was in direct relationship with herd size. Thus, as herd size increased, production costs per unit of milk and beef decreased, net incomes per cow increased, and the return to capital investment improved. However, when this increase in competitiveness was associated with increases in productivity, this trend was not observed, which suggested that highly productive farms were not necessarily competitive. The dual-purpose system was the most profitable one in the Piedmont, Caribbean, and Coffee growing regions while in Antioquia and in the Cundiboyacense altiplanicie the most profitable was the specialized dairy system. With regards to technological change, the adoption of improved pastures and the investment in pasture divisions for a more efficient rotation generated higher productivity and income in all regions and production systems, as well as increased competitiveness through a reduction in production costs per unit of milk and beef. The use of strategic feed supplementation to the basal diet of forage had mixed effects. The best economic response to this supplementation in lowland regions (i.e., Piedmont and Caribbean) was with low quantities (i.e., < 0.5 kg DM/cow/day) of feed supplements while in highland regions (i.e., Coffee Growing area, Antioquia and the Cundiboyacense altiplanicie) was with moderate quantities (i.e., between 0.5 and 2 kg DM/cow/day). The use of fertilization and irrigation increased productivity, but reduced net income and increased production costs, except in the Cundiboyacense altiplanicie. The practice of milking twice a day increased both productivity and profitability and reduced production costs, except in the Caribbeanregion. Farms that de-wormed milking cows with low frequency against internal and external parasites obtained higher incomes and lower production costs in comparison with farms that de-wormed cows with higher frequency although there were no differences in productivity. The amount of years of experience of farmers at producing milk was a key factor to increase profits, although not productivity. Farms located in sites where the commercial value of land was high (>US$6,000/ha) and near market centers had higher productivity that those with commercial value of land medium ($3,000 to $6,000/ha) and low (<$3,000/ha) but were less profitable in all regions. Box 1: Recommendations to researchers and extensionists Identify profitable technologies. Technologies that increase productivity are not necessarily profitable, which suggest the need to determine appropriate ways to evaluate them economically. This was the case of fertilization and irrigation. It is necessary to determine the best economic response to various levels of N2 and H2O to different species of improved grasses under various soil types and conditions. The most competitive and profitable breed group in the dual-purpose system was the crossbred with low (24% European-76% Zebu genes) and medium levels of dairy genes (55% European-45% Zebu genes) but had lower productivity than the purebred group (98% European genes). In the specialized dairy system, the purebred group was slightly more profitable, productive and competitive than the crossbred group with medium level of dairy genes, but this difference was not significant. The Colombian dairy sector has become more productive and competitive, but less profitable. Comparing the evolution of dairy farms with studies 12 years ago, milk production per hectare increased by 44% in dual-purpose herds and 14% in specialized dairies. This increase in productivity reduced the milk production cost by 16% and 10% in dual-purpose and specialized dairies, respectively, due to an increase in stocking rate by 15% and 17% in dual-purpose and specialized dairies as well as to an increase in investment in infrastructure and equipment by 258% and 37% in dual-purpose and specialized dairies, respectively. However, the net income per hectare during this period decreased by 27% and 69% in dual-purpose and specialized dairies due to a reduction in the producer's price of milk and beef of 22% and 20% in dual-purpose systems, and of 41% and 27% in specialized dairies. Nevertheless, this reduction in price to producers was never translated in lower prices to consumers, but remained in the hands of supermarkets and milk processing plants which expanded and modernized with long-life technology. Development agencies must internalize the fact that policies oriented to markets will be increasingly "oriented to supermarkets". If one adds that in Colombia exists 3 or 4 supermarket chains that control the food retail market, the conclusion is that sectoral policies will need to learn how to deal with a handful of giant companies. This in a huge challenge, and demands an urgent review of ideas and strategies. Box 2: Recommendations to decision makers Regionalize research. Due to the fact that the most profitable production systems are region-specific, Colombia should have different strategies for research and technology transfer in order to exploit more efficiently the comparative advantages of each region and production system. Promote collective action. It is necessary to promote cooperatives and associations to help small producers to adapt to new patterns with higher levels of competition. Otherwise, the new rules of the game could induce a massive exodus of producers in the short term and in a relatively brief period of time. It is possible, in the short run, to adopt technologies that increase milk productivity and reduce production costs while profits are reduced as a result of falling real prices as occurred in Colombia during the 90's. However, in the long run, this situation is simply unsustainable. The proposals and challenges presented in this case study have illustrated the problems and opportunities of the dairy sector in Colombia. However, these systems could represent similar situations in other countries of Latin America. Given the phenomenon of globalization and higher degree of efficiency that these systems are being exposed to, the issues of productivity, technological change, competitiveness, and markets, are critical and of enormous relevance for the performance and survival of the livestock sector in the next decades. Box 3: Recommendations to producers Without research there is no future. Efficiency goes hand in hand with technology and this depends on research and technology transfer. However, public funds allocated to agricultural research are being reduced. The challenge consists that producers in Colombia take greater control of livestock research by building alliances with local, regional and international organizations leaders in forage and livestock research. For this it is necessary that producers define and fund their own research agenda. Production-to-consumption participation. In the coming years, producers cannot limit themselves to participate only in the primary phase of production, but to expand their scope of action to other phases of the market chain to have a higher participation in the formation of milk prices and to capture a greater piece of the final price.

The necessity of the research is to determine by the fact in Latvia there is a strong growth in bank credit to the private sector like in several transition countries in Central and Eastern Europe. Its implications for macroeconomic development and financial stability can be ambiguous. The aim of the research is to find possible scenarios for positive credit (to private sector) growth implications for macroeconomic development and financial stability in Latvia. Attainment of the objective comprises analysis of available statistical data about Latvia, identification of factors affecting bank credit growth following up some recent researches and modelling scenarios how the credit growth could facilitate further economic development in Latvia. This paper presents only recent trends in bank credit to the private sector in Latvia and evaluates some of the factors affecting these trends. It does not provide updated practical models and scenarios because the research has been started only recently.