Qualitative Evaluation of Financing Programs in Agricultural Sector in Serbia

Jovanović, Olivera and Zubović, Jovan (2022) Qualitative Evaluation of Financing Programs in Agricultural Sector in Serbia. In: / II international scientific conference Sustainable agriculture and rural development, February, 2022, Belgrade. Institute of Agricultural Economics, Belgrade, pp. 111-120. ISBN 978-86-6269-110-1

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Abstract

The incentive system is a part of agricultural policy. Activities of the agricultural policies in Serbia are msotly directed towards European integration and
harmonized with the requirements of international organizations that assist
in financing. In formylating the incentive system, policymakers are facing
significant challenges. They include preserving social stability, improving
living standards, achieving balanced regional development, and food security. Moreover, they face environmental issues and standards of sustainable
development. The subject of this paper is to determine the current situation in
the incentive system and estimate its effects on agricultural production in an
empirical analysis of agricultural financing programs in Serbia. In the empirical analysis we use qualitative indicators calculated using publicly available
secondary data from 2013 to 2019. We evaluate subsidies as an essential part
of agriculture policy to estimate their impact. The results show that farmers
had the highest interest for direct payments (the number of total approved
requests was 20 times higher in 2019 compared to 2015). In addition, data
and documents indicate that the incentive system in Serbia is not effective,
because funds allocated for certain types of incentives were not claimed (especially in the group - Measures of Rural development). We have formulated
several recommendations to agricultural policymakers based on the results of
qualitative analysis and concluding remarks.

Item Type:	Book Section
Additional Information:	COBISS.ID=58435849
Uncontrolled Keywords:	agriculture, incentives, agricultural policy, qualitative indicators, Serbia
Research Department:	Sectorial Economics
Depositing User:	Jelena Banovic
Date Deposited:	17 Feb 2022 15:35
Last Modified:	10 Nov 2022 20:11
URI:	http://35.240.28.64/id/eprint/1746
Author Links:	[error in script] No links available.

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