Regional economic dynamics: Managerial insights on agricultural perspectives

Petrevska, Biljana and Andreeski, Cvetko (2023) Regional economic dynamics: Managerial insights on agricultural perspectives. In: 6th International Scientific Conference “Challenges of Tourism and Business Logistics in the 21st century” ISCTBL 2023, 19 May 2023, Skopje, North Macedonia.

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Abstract

The objective of this study is to identify the primary determinants that shape agricultural development within the broader context of the regional economy. Using data from 157 online questionnaires collected from managers of food and processing companies in North Macedonia, a principal component analysis is conducted to evaluate the factors of influence. The findings reveal that the factors such as “Regional economy general”, “Regional economy – evaluation of the status” and “Governmental support” have relatively lower impact, while “COVID-19” and “Russia-Ukraine crisis” have a moderate impact. On the other hand, “Regional development – expectations” is perceived as the most influential factor. These results may provide valuable insights for policymakers in devising effective strategies to address regional challenges and foster sustainable agricultural development in the country.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Development, Perceptions, Factors, Regional rural economy
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Biljana Petrevska
Date Deposited: 29 May 2023 10:04
Last Modified: 29 May 2023 10:04
URI: https://eprints.ugd.edu.mk/id/eprint/31805

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