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Agricultural Sector Performance in SADC CountriesOriginal contributions, Original article, Research article

Mabeta Joshua

Economics Working Papers 2025, 9(2):4-53 | DOI: 10.32725/ewp.2025.002147  

This paper reviews the agricultural sector performance of Southern African Development Community (SADC) countries, specifically the efficiency of agricultural production and the overall competitiveness of their agricultural sectors. The study uses data spanning the period from 2001 to 2019 to assess agricultural production performance, and from 2001 to 2021 to investigate the competitiveness of the agricultural sectors. Using Malmquist productivity indices, the findings reveal that while overall productivity has increased in SADC, with 11 out of 15 countries recording an upward trajectory during the review period, technological progress has regressed....

Financial Dynamics, Development and Innovation in the Sugar Industry of Central and Eastern Europe (2013–2022)Original contributions, Original article, Research article

PhDr. Jaroslav Vlach

Economics Working Papers 2025, 9(1):4-36 | DOI: 10.32725/ewp.2025.001246  

This study explores the financial dynamics, strategic growth, and innovation within the sugar production sector in Central and Eastern Europe (CEE) over the period 2013–2022. It focuses on six countries—Czech Republic, Austria, Germany, Poland, Hungary, Slovakia and analyzes 14 major sugar-producing companies using a combined methodological approach based on time-series trend analysis and Principal Component Analysis (PCA). Key financial metrics such as capital structure, working capital, operating revenue, profitability, and employment are examined to assess differences in performance across firms and countries. The research...

Approaches To Overtourism In The Area Of Destination Management Marketing

Vysušilová P.

Economics Working Papers 2024, 8(4):6-72 | DOI: 10.32725/ewp.2024.004555  

This research addresses the critical need to understand the role of Destination Management Organizations (DMOs) in facing overtourism through an investigation into the practices employed by diverse DMOs. The aim of this paper is to identify the marketing strategies and tools used by DMOs in response to tourist destination congestion in the context of the available literature and the current state of knowledge and to suggest needs and directions for further research based on case studies focused on selected tourist destinations. Exploring the roles of DMOs in Vannes, Colmar, Melaka, and Český Krumlov has revealed a diverse spectrum of responsibilities...

Exploring the Implementation of Industry 4.0: A Pilot Study on Assessing Readiness in Czech Food Enterprises

Bednář Jiří

Economics Working Papers 2024, 8(3):5-74 | DOI: 10.32725/ewp.2024.003441  

Purpose: The aim of the paper is to define the concept of Industry 4.0 and to create a pilot study of the implemented research - to propose a methodological approach to assess the readi-ness of food enterprises in the Czech Republic for Industry 4.0.Methodology: The results are based on research that focused on the readiness of 102 companies in the areas of strategy, leadership, customers, product, culture, employees and technology. The research focused on food companies in the Czech Republic.Findings: Based on the results of our own research, a factor analysis was used to create an index of the readiness of food enterprises in the Czech Republic for...

The Contribution of Managerial Accounting Tools to the Operation of Businesses: Case Study of BIOKARPET S.A.

Zografou Zoi

Economics Working Papers 2024, 8(2):5-60 | DOI: 10.32725/ewp.2024.002937  

The purpose of this article is, through the process of qualitative research method, that of interviews, to gather and analyze the views of managers and other senior executives of businesses on the importance of the utilization and implementation of managerial accounting tools in their business. The article provides some time-honored definitions of managerial accounting, and provides extensive discussion of selected managerial accounting tools, with particular emphasis on the overall benefits of their use in the operation of the business. Through 26 highly targeted and selected interviews, the necessity of using managerial accounting tools is illustrated,...

Economic sustainability of rural cooperatives in Nepal - a bio-economy approach case study of Tulsipur sub-metropolitan city, Dang

Pandey Ghanshyam

Economics Working Papers 2024, 8(1):5-42 | DOI: 10.32725/ewp.2024.001450  

Cooperatives today are facing difficulties resulting from the disruption of the cooperative system and the global economic crisis. Instead of a vibrant cooperative sector, cooperatives in Nepal are facing increasing financial difficulties that threaten their survival as businesses. Therefore, a study was conducted in the sub-metropolitan town of Tulsipur in Dang district of Nepal to explore practical economic models and types of cooperatives, to use the concept of bio-economy as a great opportunity for rural development, and to find a way to mitigate these negative impacts to restore the sustainable functioning of rural cooperatives in Nepal. Twenty-one...

The Importance of the Local Economy and Factors for the Development of Local Food Systems

Šindelářová I.

Economics Working Papers 2023, 7(7):5-61 | DOI: 10.32725/ewp.2023.0072377  

The aim of this article is to provide theoretical information on the importance of local economy and factors that influence the development of local food systems, to describe current trends towards decentralization of food production and to bring best practices in supporting local food production. Local food production is represented by local farmers, small and medium-sized enterprises that produce local food using local natural, financial, and human resources. The development of local entrepreneurship provides benefits not only for local people but also for cities, regions, and the state. Supporting local entrepreneurship is important for food self-sufficiency...

European Insurance Market Analysis via a Joint Functional Clustering Method

Athanasiadis Stavros

Economics Working Papers 2023, 7(6):4-61 | DOI: 10.32725/ewp.2023.006577  

The enlargement of the European Union (EU) to include Central and South-Eastern European countries in 2004 and 2007 launched an integration process that unifies the economies and financial markets of member states and enables the convergence of these two areas. This study focuses on analyzing the development and similarity of the European insurance sector after the EU enlargement. We study 34 European insurance markets from 2004 until 2021 based on a certain set of indicators that characterize insurance markets, such as Insurance Density, Insurance Penetration and Gross Written Premiums to name a few. With a functional clustering method applied to...

Continuity of sharing and shadow economy

Koubková M.

Economics Working Papers 2023, 7(5):5-56 | DOI: 10.32725/ewp.2023.005653  

The aim is to find out the relation between the sharing and shadow economy and how influence each other. The partial goal is to analyse a situation in the selected countries. The partial aim is also to summarise the current state of knowledge in the sharing economy services in relation with shadow economy and to suggest possibilities for further research in this area. The partial aim is analysing situation of the shadow and sharing economy in providing accommodation services through Airbnb in the Czech Republic. The aim is also to identify the share of Airbnb accommodation in total accommodation capacity in the Czech Republic.Several methods are used...

Sustainable development in road management in the Czech Republic

Němec Miroslav

Economics Working Papers 2023, 7(4):5-48 | DOI: 10.32725/ewp.2023.004415  

Sustainable development is based on the historical human need not only to exploit but also to protect the environment necessary for life. However, in the context of the current approach, sustainability encompasses much more than this; it covers a wide range of areas where efficiency in management, approach and governance is required, and the national economy is no exception. Sustainable management and maintenance can help reduce the environmental impacts of individual activities and also reduce, eliminate or recycle waste from individual activities within the circular economy. Sustainable management and maintenance are important because they allow...

Management of integrated passenger transport system and its role in tourism development

Samková L.

Economics Working Papers 2023, 7(3):5-66 | DOI: 10.32725/ewp.2023.0031670  

This contribution aims to prepare theoretical background for a PhD thesis titled Integrated passenger transport management systems in the development of tourism. The aim of the paper is to explore the current knowledge in the field of the integrated passenger transport system (IPTS) in the context of the tourism development, identify the unanswered questions that require further research and assess some elements of the IPTS development potential. The areas of economic theory - consumer theory in transport, the management of the integrated transport system, and financial management, more specifically, investments in the integrated transport system -...

Food Waste Management via Insect Production in the Perspective of Circular Bioeconomy

Maroušková Anna

Economics Working Papers 2023, 7(2):5-46 | DOI: 10.32725/ewp.2023.002520  

The amount of different types of waste around the world is growing every year. Especially a growing amount of food waste is in desperate need of better management practices. At the same time, European Union (EU) is striving for becoming the world's first climate-neutral continent which requires immediate solutions for issues like waste management, sustainable production, competitive resource-efficient business models, etc. For achieving these goals, business models fulfilling principles of circular bioeconomy are highly supported by the EU. One of such business models could be the rearing of Black Soldier Larvae (BSF) on various types of biowaste and...

Use of the Big Data platform and cloud applications in the SME segment in the Czech Republic

Homan Jiří

Economics Working Papers 2023, 7(1):5-66 | DOI: 10.32725/ewp.2023.0011785  

This article aims to explain the features of the cloud computing platform and the possible deployment modes of these services. It further explains the concept of big data. Because these phenomena could have a positive benefit in the case of implementation for small and medium-sized Czech companies (SMEs), we devote ourselves to the description and use of existing methodologies that explain the penetration of new technologies towards their users. To form a broader view of the current situation, we, in this paper, provide an overview of the current use of individual services provided through the cloud computing platform by small and medium-sized enterprises....