The influence of extreme weather events on farm economic performance – a case study from Serbia
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Western Balkan region, particularly Serbia, is faced with an increased frequency of extreme weather events, as a consequence of global climate change. However, there is still no enough research on how the effects of extreme weather events could be measured on the farm level. More importantly, there is no standard international methodology that is used regularly to address the issue. Therefore, the aim of this research was to evaluate the effects of extreme weather events on business performances of two the most common farm types in Serbia. To achieve this goal, the authors performed a financial loss assessment on a farm level. Panel models and R software environment were used to perform a multiple regression analysis allowing to indicate determinants of financial loss indicator depending on the farm’s production type. The results indicated that performance of both farm types is more influenced by drought than by floods. The regression analysis revealed that for both farm types financia...l stress is the most important independent variable.
Кључне речи:
Climate change / Drought / Flood / Regression analysis / Type of farmingИзвор:
Italian Journal of Agrometeorology, 2021, 2021, 1, 51-62Издавач:
- Firenze University Press
Финансирање / пројекти:
- Министарство науке, технолошког развоја и иновација Републике Србије, институционално финансирање - 200116 (Универзитет у Београду, Пољопривредни факултет) (RS-MESTD-inst-2020-200116)
DOI: 10.36253/ijam-1073
ISSN: 2038-5625
WoS: 000684564300004
Scopus: 2-s2.0-85113760595
Институција/група
Poljoprivredni fakultetTY - JOUR AU - Todorović, Saša Z. AU - Ivanović, Sanjin M. AU - Bogdanov, Natalija Lj. PY - 2021 UR - http://aspace.agrif.bg.ac.rs/handle/123456789/5928 AB - Western Balkan region, particularly Serbia, is faced with an increased frequency of extreme weather events, as a consequence of global climate change. However, there is still no enough research on how the effects of extreme weather events could be measured on the farm level. More importantly, there is no standard international methodology that is used regularly to address the issue. Therefore, the aim of this research was to evaluate the effects of extreme weather events on business performances of two the most common farm types in Serbia. To achieve this goal, the authors performed a financial loss assessment on a farm level. Panel models and R software environment were used to perform a multiple regression analysis allowing to indicate determinants of financial loss indicator depending on the farm’s production type. The results indicated that performance of both farm types is more influenced by drought than by floods. The regression analysis revealed that for both farm types financial stress is the most important independent variable. PB - Firenze University Press T2 - Italian Journal of Agrometeorology T1 - The influence of extreme weather events on farm economic performance – a case study from Serbia EP - 62 IS - 1 SP - 51 VL - 2021 DO - 10.36253/ijam-1073 ER -
@article{ author = "Todorović, Saša Z. and Ivanović, Sanjin M. and Bogdanov, Natalija Lj.", year = "2021", abstract = "Western Balkan region, particularly Serbia, is faced with an increased frequency of extreme weather events, as a consequence of global climate change. However, there is still no enough research on how the effects of extreme weather events could be measured on the farm level. More importantly, there is no standard international methodology that is used regularly to address the issue. Therefore, the aim of this research was to evaluate the effects of extreme weather events on business performances of two the most common farm types in Serbia. To achieve this goal, the authors performed a financial loss assessment on a farm level. Panel models and R software environment were used to perform a multiple regression analysis allowing to indicate determinants of financial loss indicator depending on the farm’s production type. The results indicated that performance of both farm types is more influenced by drought than by floods. The regression analysis revealed that for both farm types financial stress is the most important independent variable.", publisher = "Firenze University Press", journal = "Italian Journal of Agrometeorology", title = "The influence of extreme weather events on farm economic performance – a case study from Serbia", pages = "62-51", number = "1", volume = "2021", doi = "10.36253/ijam-1073" }
Todorović, S. Z., Ivanović, S. M.,& Bogdanov, N. Lj.. (2021). The influence of extreme weather events on farm economic performance – a case study from Serbia. in Italian Journal of Agrometeorology Firenze University Press., 2021(1), 51-62. https://doi.org/10.36253/ijam-1073
Todorović SZ, Ivanović SM, Bogdanov NL. The influence of extreme weather events on farm economic performance – a case study from Serbia. in Italian Journal of Agrometeorology. 2021;2021(1):51-62. doi:10.36253/ijam-1073 .
Todorović, Saša Z., Ivanović, Sanjin M., Bogdanov, Natalija Lj., "The influence of extreme weather events on farm economic performance – a case study from Serbia" in Italian Journal of Agrometeorology, 2021, no. 1 (2021):51-62, https://doi.org/10.36253/ijam-1073 . .