Abstract
The study aims to evaluate the role of support in shaping farms’ investment and efficiency in Lithuania. Data from Lithuanian Farm Accountancy Data Network dataset and logistic regression was used to evaluate to what extent Lithuanian farms’ investment is affected by support and other factors. Data Envelopment Analysis was applied to compare the technical efficiency of Lithuanian farms with and without investment support. Study period was 2009-2019.
During 2009-2019, Lithuanian investing farms differed from non-investing farms in most of the analysed indicators. The greater part of the examined indicators were higher for investing farms. The study revealed that multiple factors affected the probability of investing in Lithuania. Among the most influential factors, investment support was consistently significant throughout the entire study period. The study also demonstrated that farms with investment support operated more efficiently than those without it. These findings are particularly important for policy makers to design effective policies and programs aimed at promoting farms’ investment in Lithuania.
Rozumowska, W..; Galnaitytė, A. 2025. The role of support in shaping farms’ investment and efficiency: evidence from Lithuania. Scientific Papers of Silesian University of Technology. Organization and Management Series : Politechnika Slaska - Silesian University of Technology. ISSN 1641-3466. 230, p. 473–490. DOI: 10.29119/1641-3466.2025.230.28.