Management Theory and Studies for Rural Business and Infrastructure Development, Volume 39, Number 4

TREND OF SUSTAINABLE ECONOMIC DEVELOPMENT OF FAMILY FARMS: CASE OF LITHUANIA

Jūratė Savickienė, Astrida Miceikienė, Srdjan Lalić

Abstract

The Common Agricultural Policy post-2020 emphasizes that sustainable economic development is an important factor of family farms. Scientific problem: the trends of sustainable economic development of family farms and the recommendations for promotion of sustainability. Research aim: to provide suggestions on promotion of sustainability upon assessment of the trends of sustainable economic development of the Lithuanian family farms. Family farm sustainable economic development index has been used for identification of the trends. Nine types of sustainable economic development of family farms have been identified. Analysis of the types of sustainable economic development of Lithuanian family farms by specialization has been conducted and the causes which have determined the situation at the farms have been identified.

JEL Codes: Q12, Q14.

Keyword(s): family farms, sustainable economic development, development index


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Management Theory and Studies for Rural Business and Infrastructure Development eISSN 2345-0355

This journal is published under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License. Responsible editor: Dr Audrius Gargasas.