Economic efficiency of investments in cow-calf production in the Republic of Serbia

Nastić, Lana (2022) Economic efficiency of investments in cow-calf production in the Republic of Serbia. In: II international scientific conference "Sustainable agriculture and rural development". Institute of Agricultural Economics, Belgrade, pp. 273-282. ISBN 978-86-6269-111-8

Text Nastić.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (240kB)

Abstract

Value of livestock production in the Republic of Serbia is rather low comparing to value of plant production. At the same time, cattle production is the most important concerning milk production, while level of beef production is low (production of pork is much important comparing to beef production). One of the ways to increase beef production in the Republic of Serbia is introduction of cow-calf production system. This production system has some advantages comparing to usual beef production system, such as low level of investments, use of available natural resources etc. To evaluate investments in cow-calf production, author used net present value, internal rate of return and payback period. Besides, level of profit was determined, depending on existence of state subsidies for this production. The results of the analysis indicated that economic efficiency of cow-calf production in Serbia significantly depends on level of state subsidies.

Actions (login required)

View Item