Age of machinery and equipment in the Czech agriculture

被引:5
|
作者
Krejci, Igor [1 ]
Mazouch, Petr [2 ]
Vltavska, Kristyna [2 ]
Kvasnicka, Roman [1 ]
机构
[1] Czech Univ Life Sci Prague, Fac Econ & Management, Dept Syst Engn, Prague 16521 6, Czech Republic
[2] Univ Econ, Fac Informat & Stat, Dept Econ Stat, Prague, Czech Republic
来源
关键词
agriculture industry; average age of assets; Markov chain; gross capital stock; perpetual inventory method; life expectancy; DEPRECIATION; ISSUES;
D O I
10.17221/238/2014-AGRICECON
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
The paper deals with the estimation and analysis of the average age and the age structure of machinery and equipment in agriculture. The development of the average age of machinery and equipment could be used as an indicator of the modernisation process and the picture of investment support in the industry. For the purposes of the analysis, the official model of the perpetual inventory method is transformed into the Markov chain model. The analysis shows significant differences in the institutional sectors. The average age of machinery and the age distribution depicts the situation in agriculture and it indicates the lower competitiveness of small farmers. The paper contains the prognosis of development of the average age of machinery and equipment in the case of permanent investment on the level of the current year. The international comparison shows that the average age of machinery and equipment in the Czech Republic is close to the level of developed countries. However, the estimated development shows a decreasing average age of the machinery and equipment.
引用
收藏
页码:356 / 366
页数:11
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