RENTABILITY ANALYSIS OF SERBIAN CEREALS WITH REFERENCE TO GROSS SOCIAL PRODUCT AND THE EUROPEAN MARKET
RENTABILITY ANALYSIS OF SERBIAN CEREALS WITH REFERENCE TO GROSS SOCIAL PRODUCT AND THE EUROPEAN MARKET

Summary/Abstract: The paper presents the profitability analysis of the most important cereals in Serbia (wheat and corn) with a turn onto the European market. The main aim of the research is to perceive the characteristics and tendencies in improving the profitability of wheat and maize in our country by using scientific methods and analyzing the trend of production and transport trends in the European market. In this regard, we have covered the time period from 2012 to 2018, through primary and secondary data, which implies consideration and comparative analysis of the following economic indicators: the share of agriculture in gross domestic product (GDP), the arithmetic mean (average values), the trend movement (rate of change), standard deviation, coefficient of variation, dynamics of changes (structure of motion), discovery of comparative advantages by the years being analyzed, using RCA index, etc. Therefore, the profitability analysis of cereals is aimed at examining and evaluating the performance of the business within the final result of business achieved in the sphere of production and trade of this type of herbal culture.

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