Regression Relationship between Production and Factors of Production in Polish Agriculture

J. ZWOLAK
University of Natural Sciences and Humanities in Siedlce, Faculty of Economic and Legal Sciences, 08-110 Siedlce, Poland

Abstract

ZWOLAK, J., 2016. Regression relationship between production and factors of production in Polish agriculture. Bulg. J. Agric. Sci., 22: 893–896

Based on the functional dependence of net fi nal output on the land, labour and fi xed assets in agriculture in 2009 and 2010, it was determined that the growth rate of the value of the output was more than proportional. The research revealed that labour (number of employed) reduced the relative growth of net fi nal output in agriculture in 2009 and 2010 (-0.246). It transpired that the application of labour in relation to the gross value of total fi xed assets was unfavourable, and that the employment of technical devices limited labour effi ciency in agriculture. The impact of agricultural land (land) on the relative growth of net fi nal output exceeded 28%, and the impact of the gross value of total fi xed assets was approximately 72%; the other factors of production in agriculture in 2009 and 2010 remained unchanged.

Key words: model, effect, resourses, elasticity
Abbreviations: JEL classifi cation indices: C51, E23, Q16

See the article as a PDF.