Ubezpieczenia rolne a zrównoważenie ekonomiczne i finansowe gospodarstw rolnych
Agricultural insurance vs. economic and financial sustainability of farms

Summary/Abstract: The factor that determines the sustainable development of farms is their financial stability, that can be maintained, inter alia, by the agricultural insurances. The aim of this paper is to identify the impact of agricultural insurances on the economic and financial sustainability of farms. The source of data was information from the database of Polish FADN from years 2009-2014. The research included farms purchasing and not purschasing agricultural insurance policies, and classified according to the size of the area. The following indicators were used as the main determinants of economic sustainability of farms: total output value/hectare UR, gross value added/AWU, return on equity, return on sales, debt to equity. The analysis showed that farms effectively used their capital and generated good financial results, which could have positive impact on sustainable development of farms. Agricultural insurances can ceteris paribus have impact on their stable and sustainable development.

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