Studies in Agricultural Economics · 2017 · 16 citations · 8 references
AgricultureAgricultural EconomicsResource EconomicsAgricultural DevelopmentRural DevelopmentRural EconomicsAgricultural Land EconomicsAgricultural Production EconomicsFarm FinanceRural Development EconomicsRural Development PolicyRural Economic DevelopmentEconomic Efficiency AnalysisEconomic Efficiency EffectsFarm FinancingFarm Land FinancingPrivate Capital InflowsPublic Funds UseRural Development InstitutionsRural Investment
A comparison of the performance of farms within and outside Less Favoured Areas European agriculture is highly mechanised and its development is to a large extent shaped by the constant need for investment. By combining private capital with public funds, the risk burden associated with investment can be shared. The general economic objective of investment support is to improve the effi ciency of production factors, such as labour, land and capital. The Rural Development Programme of the Czech Republic for 2007-2013 included a preferential criterion, the objective of which was to give an advantage to farms in Less Favoured Areas (LFA) by facilitating their access to
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