Institute of agricultural economics

Institute of agricultural economics

Applying organization: Institute of agricultural economics

The Institute of Agricultural Economics develops and applies econometric models that can be used in digital farming and are focused on: 1) the assessment of the effects of different measures under the RDP and CAP; 2) the impact of investment support for the agricultural holdings in the 2014-2020 period on their economic viability; 3) quantitative models for economic evaluation of the activity of the agricultural holdings; 4) demand and supply research, etc. In this respect, the models that are suitable for digital farming are: model of the production function and others. econometric models in “Semi-market farms sustainability” scientific project, teleph.: Prof. Dr. D. Nikolov (2009-2010); “Effects of Investment Support of the agricultural holdings in the 2014-2020” scientific project, Prof. Dr. D. Nikolov (2015-2016); different types of logistics models in (Probit model) in Agricultural Risk Management scientific project; Prof. Dr. Nikolov (2011-2012), a partial equilibrium model of the demand for and supply of public goods generated by agriculture in the “Provision of public goods from EU agriculture and forestry” (international project – PROVIDEE ), Horizon 2020, Prof. Dr. D. Nikolov (2015-2018); statistical model for the distribution of European subsidies under the coupled support scheme in: “Analysis of vulnerable sectors – fruits, vegetables (field and hothouse production) and livestock breeding (buffalo, cattle, sheep and goat); Research task assigned by Ministry of agriculture and food (2004). These models can be used by including the results of their application in the digital management of agricultural holdings and in the preparation of different policies in the field of agriculture and rural development at regional and national level.

Taking into account the contemporary trends, members of the team (A. Mitov and D. Mitova) work on eco-management issues. A holistic approach to analysing, evaluating and improving ecomanagement in agriculture based on the New Institutional Economy has been developed. There is a new definition of agro-eco-management as a specific public order system that regulates the behaviour and relationships of the various agents with respect to the natural environment.