The agricultural industry can be characterized by the labour productivity based on the calculation with GVA (gross value added) divided by AWU (annual working unit), which this last one is equivalent with full time workers in EU-28. Two main important economic issues in the period of 2010 and 2018, namely labour productivity and agricultural factor income per AWU, which considerably determine the advanced developed level of the agricultural industry, therefore these have important role to characterize agriculture of two EU-member states.
Controller Info 2019. VII.évf.(2) szám 54-58.
10.24387/CI.2019.2.10
Introduction
The study analyses some main economic conditions of the agricultural industry in Spain and Portugal. Also, the study provides some differences in their agricultural sector emphasizing some changes in the developing trends of two countries comparing the agricultural conditions of Germany and EU-28. The agricultural industry can be characterized by the labour productivity based on the calculation with GVA (gross value added) divided by AWU (annual working unit), which this last one is equivalent with full time workers. The other main issue of the agricultural industry in two U-member states is the agricultural factor income per AWU. This income can be calculated based on the GVA, from which investments for the consumption of fixed capital are subtracted and to which subsidies are added. Naturally the tax payment has also influenced on the creating the final agricultural factor income, but the tax system is very different in the EU-member states.
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