The FADN as an analytical tool in EU and Serbia

Bojčevski, Mirjana and Vasiljević, Zorica and Kovačević, Vlado (2019) The FADN as an analytical tool in EU and Serbia. In: VIII International Symposium on Agricultural Sciences - AgroRes. University of Banja Luka, Faculty of Agriculture, Trebinje, Bosnia and Herzegovina, pp. 152-163. ISBN 978-99938-93-56-1

Text Bojčevski, Vasiljević, Kovačević - AgroRes (2019).pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (563kB)

Abstract

Farm Accountancy Data Network (FADN) is one of the most reliable data sources for economic analysis in the agriculture. The FADN methodology enables to extrapolate the data on economic results based on the sample farms and compare the relevant indicators of all EU member states. The main income indicator used by FADN is Farm Net Value Added (FNVA) per holding or per Annual Working Unit (AWU). Farm net value added (FNVA) is used to remunerate the fixed factors of production (labour, land and capital). In order to obtain a better measurement of the productivity of the agricultural workforce taking into account the diversity of farms, FNVA is also calculated by annual work unit (AWU - work of one person occupied full time on a farm). In the process of EU accession Serbian agricultural sector is obliged to align a set of regulations and standards and adopt certain requirements compliant with the objectives of the Common Agricultural Policy (CAP), inter alia, to establish Farm Accountancy Data Network (FADN). This paper provides the comparative analyses on farm income based on FNVA in 2017. and classification of the holdings by economic size and type of farming. According to the paper results the FNVA is proven to be reliable indicator allowing comparative analyses between different EU countries.

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