A comparative analysis of organic and conventional farmers in the Czech Republic

摘要

Organic farming has become a topic that receives an increasing academic as well as popular attention. This study examines the financial differences between the organic and conventional farmers, as well as their income volatility. Based on the Student's t-test, the regression analysis and the matched-pair investigation on a sample of Czech 291 organic and 4045 conventional farmers over the period 2009-2013, the study indicates that the organic agricultural companies outperform the conventional companies in the terms of profitability. However, their asset turnover is considerably lower. No evidence of different income volatility has been found.