INVESTMENTS IN SERBIAN AGRICULTURE

Author:

Milić DraganORCID,Jocić BogdanORCID,Novaković TihomirORCID,Tekić DraganaORCID,Ilić ZoranORCID,Maksimović BrankaORCID

Abstract

The paper shows the relation between gross domestic product (GDP) and investments in the Republic of Serbia. The observed relation was analyzed at the economy level, as well as in agricultural particular. The observation period is from 2005 to 2020. The function of investments is overviewed through the capital ratio. In this way, it was established to what extent part of the newly created value is returned to the production process, both at the level of the entire economy and at the level of agricultural activity separately. The low participation of investments in the gross domestic product is highlighted, which indicates an unfavorable relationship towards economic and agricultural activity for the observed time period.

Publisher

Balkan Scientific Association of Agricultural Economists

Subject

Marketing,Organizational Behavior and Human Resource Management,Strategy and Management,Drug Discovery,Pharmaceutical Science,Pharmacology

Reference18 articles.

1. Đukić, S., Tomaš Simin, M., Glavaš – Trbić, D. (2017). The Competitiveness of Serbian Agro-Food Sector, Economics of Agriculture, 64(2), p. 723-737.

2. Statistical Office of the Republic of Serbia (SORS), (2012). Agriculture census, work force by type of the production, available at: https://data.stat.gov.rs/Home/Result/1300010301?languageCode=sr-Cyrl&displayMode=table.

3. Statistical Office of the Republic of Serbia (SORS), (2022). Gross domestic product in 2021, available at: https://publikacije.stat.gov.rs/G2022/HtmlL/G20221275.html.

4. Statistical Office of the Republic of Serbia (SORS), (2005-2020): Reports for National accounts statistics-investments in fixed assets.

5. Statistical Office of the Republic of Serbia (SORS), (2005-2020): Reports for National accounts statistics-gross domestic product.

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