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In the article, the author presents the results of empirical surveys carried out in the autumn 2005 on the group of almost 250 small and medium enterprises. The surveys concerned, inter alia, assessment of use of various-type tools for supporting development of small and medium enterprises (SMEs). The attention is paid to subsidies from the Polish Government carried out within the framework of governmental programmes aimed at SMEs and grants from the PHARE funds used in 2003-2005. Use of those subsidies for financing consulting, training, information and financial services at SMEs is discussed.
The paper presents the structure and tendencies of budget support in Belarusian agriculture. There are presented basic data about level of financial support of agriculture and share of budget payments in the whole national economy. Basing on data gained from Main Statistical Bureau in Minsk the authors have shown that direct payments to one ha of arable land in Belarus has been increasing for several lat years and has reached 226 USA dollars per 1 ha. It is also worthy to notice that main support programs of rural areas development are mapped on such UE programs. Nowadays budget support for agriculture is 9% of total expenditures of national budget and is the biggest in the region (Commonwealth of Independent States – former Soviet states) and due to economic crisis and domestic problems will be probably slowly decreased in next years.
The aim of the paper was to verify the hypothesis assuming that individual farms, which made use of public funds’ support for investment were more effective than those which had not applied. Stochastic Frontier Analysis and Data Envelopment Analysis were applied to measure the technical effectiveness of individual farms directed at plant production (field crops) in 2004-2006. Return on equity was used as the measure of financial effectiveness. It was established that individual farms which made use of public funds’ support for investment were both technically and financially more effective. Thus the hypothesis was confirmed.
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