Determinants for the viability of small-scale family farms in Serbia: an example of the use of a multi-criteria assessment tool

Abstract

of 550 small farms in Serbia, which refers to the economic, social and environmental aspects of small farms’ operation. By applying the criteria for selecting key economic indicators of a small farm, the multi-criteria assessment results can be utilised to inform more effective business and policy decisions directed at improving the operation of small-scale family farms. The survey results show that the best-ranked determinants for the viability of small farms in Serbia are first, the price of agricultural products, and next, well-structured agricultural product distribution channels.