Maja Petrač

Struktura zemljišta kao determinanta tipologije pravnih subjekata na mliječnim farmama

Maja Petrač, Krunoslav Zmaić, David Kranjac, Lucija Pečurlić et autres

The paper presents the results of a cluster analysis conducted on all 62 legal dairy farms in Croatia. The aim is to group legal entity dairy farms into smaller homogeneous groups with similar characteristics according to a given variable. Such farm groups …

Land Structure as a Determinant of Legal Entity Dairy Farm Typologies: Evidence from Croatia

Maja Petrač, Krunoslav Zmaić, David Kranjac, Lucija Pečurlić et autres

The paper presents the results of a cluster analysis conducted on all 62 legal dairy farms in Croatia. The aim is to group legal entity dairy farms into smaller homogeneous groups with similar characteristics according to a given variable. Such farm groups …

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Unlocking the Potential of Family Farms: Inclusion in Rural Development Program Measures in Croatia

Lucija Pečurlić, Tihana Sudarić, David Kranjac, Maja Petrač et autres

In the context of increasing demands for sustainable natural resource management, this study analyzes the demographic and structural characteristics of family farms in Croatia and their participation in three environmental measures under the 2014–2022 Rural Development Programme. Using national administrative data and …

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Strategic Categorization of Dairy Cow Farms in Croatia using Cluster Analysis

Maja Petrač, Krunoslav Zmaić, Jaka Žgajnar

Abstract Background The milk processing sector in the Republic of Croatia faces numerous challenges. It is a distinctly bipolar structure, with some entities resembling the largest milk producers in the EU, while many small and medium-sized dairy farms struggle to remain competitive …

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Assessing the Serbia EU Integration Process Impacts on Key Agricultural Market Products Using the Agmemod Model

David Kranjac, Krunoslav Zmaić, Tihana Sudarić, Jaka Žgajnar et autres

The EU integration process brings substantial transformations across all economic domains, agriculture included, as a result of shifts in both the economic and political landscapes. These processes necessitate numerous adjustments to legislation, agricultural support structures, business conditions within the single market, and …

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Damping Optimization of Linear Vibrational Systems with a Singular Mass Matrix

Ninoslav Truhar, Maja Petrač

We present two novel results for small damped oscillations described by the vector differential equation Mx¨+Cx˙+Kx=0, where the mass matrix M can be singular, but standard deflation techniques cannot be applied. The first result is a novel formula for the solution X …

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Modeli tržišnog vrednovanja u životnom osiguranju

Maja Petrač

This work combines traditional life insurance model with financial model of the market in a discreet time. This integration is the basics of modern life insurance mathematics that introduce a new method of asset valuation - market valuation. New accounting standards and …

Tržišno vrednovanje u okviru moderne matematike životnih osiguranja

Maja Petrač

Market valuation in the framework of modern life insurance mathematics

Maja Petrač

In the traditional actuarial life insurance mathematics, liabilities to beneficiaries (technical reserves) are calculated based on conservative assumptions of mortality and interest rates. However, this approach was found to be incomplete since it does not contain the market component which has become …