Efficiency and its Reserves in the Agriculture of Visegrad Countries - Benchmarking Analyzing

During the latest years the chances in the demand for the food and agricultural products the efficiency analyzing of the agricultural production has become the crucial topic of agro-economic research activities. As agricultural world tending toward liberalism, efficiency and competitiveness are the cornerstones of development strategies especially in the countries with higher share of agriculture in their economy. This presentation is based on the research that uses the Malmquist index able to examine relative efficiency and its elements in the agriculture of new member states of EU. Our research aim is double: on one hand to compare the efficiency and efficiency elements of the COP plants production focusing on Visegrad countries; on the other hand to examine whether the present system of Common Agricultural Policy (CAP) helps the new member states to catch up, and increases the competitiveness of their agriculture inside of European and world market as well.