Department of Economics and Economy, Faculty of Management, University of Prešov in Prešov, Konštantínova 16, Prešov, Slovakia
Department of Informatics, Faculty of Economics, Technical University of Liberec, Voroněžská 1329/13, Liberec, Czech Republic
2nd International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2018 – Graz, Austria, November 8, 2018, CONFERENCE PROCEEDINGS published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-13-4
There are differences between the territorial units of each economy, which can be easily quantified using the economic performance indicators of the region. The causes of regional disparities are the natural, geographical, environmental and demographic conditions of localization of economic activities. These specified types of conditions represent assumptions or limitations in the formation of the sectoral structure of economic activities in the territory. Opinions of theorists and empirical findings confirm that each of the sectors has a different ability to contribute to the formation of national product, gross fixed capital as well as added value. Due to the different economic effects of the represented sectors, there may be a gradual increase in differences in economic performance of territorial units or even loss of ability of independent development of the region. Accordingly, it can be stated the existence of regional disparities between the territorial units of the Slovak Republic at the regional level. Differences are identified in a different representation of sectors on the economic structure of the territory, in the value of GDP creation as well as the formation of fixed capital of individual regions. Agrosector is considered as the sector with the least contribution to the creation of a national product. Therefore, in the manuscript we analyze the existence and the strength of the relationship between the share of the agricultural sector in the structure of the economy and the indicators of the economic performance of the region as well as the existence or absence of a trend of increasing interregional differences. In order to identify the preservation of the development capacities of territorial units, we analyzed also the differences in the ability of regions with different range of agrosectors to form development capital.
[2] Clark C. (1940) The conditions of economic progress, Macmillan, London.
[3] Fourastié J. (1949). Le grand espoir du XXe siecle. Progress technique, progress economique, progress social, Presses Universitaires de France, Paris.
[4] Kwiatkowski E., Krzetowska A. (2015) The three-sector employment structure and economic development: comparative analysis of Poland and Ukraine–in the years 1990-2013. Economy and Forecasting, Valeriy Heyets, 3, pp. 145-154.
[5] Rachwal, T. (2011) Industrial restructuring in Poland and other European Union states in the era of economic globalization. Procedia Social and Behavioral Sciences 19 (2011), pp. 1–10.
[6] Csaki, C., Jambor, A. (2013) The impacts of EU accession on the agriculture of the Visegrad countries. Society and Economy 35(3), pp. 343-364•
[7] Kreuger, A., Schifr, M., Valdes, A. (1988) Agricultural incentives in developing countries: measuring the effect of sectoral and economy wide policies. World Bank Economic Review 2(3), pp. 255-71.
[8] Sormeaux, A., Pemberton, C. (2011) Factors Influencing Agriculture’s Contribution to GDP: Latin America and the Caribbean. Caribbean Agro-Economic Society (29th West Indies Agricultural Economics Conference, July 17-21, 2011), Saint Vincent, West Indies.
[9] Wolfe, M. (1995) The Concept of Economic Sectors. Quarterly Journal of Economics, 69(3), pp. 402-420.
[10] Ferencz, V. Majerník M., Chodasová, Z., Adamišin, P., Štofková, Z., Sančiová, G., Danishjoo, E. (2017) Sustainable socio-economic development, A&A Digitalprint, Düsseldorf.
[11] Huttmanová, E. (2017) The possibilities of sustainable development evaluation in the European union area. European journal of sustainable development 6(3), pp 75-80.
[12] Lacina, L., Minářik, B. (2002) Impact of agricultural sector on the economic situation of NUTS III regions in the Czech Republic. Agricultural Economics – Czech, 48(10), pp. 444-448.