Economic Value of Agribusiness and Food Exhibitions in Eastern-Europe

This paper discusses the experiences with the newly-developed KAVA-model. This model works on cash basis and evaluates cash inflow, outflow and NCF in connection with four different interest groups connected to the given exhibition. The model was tested also on four different exhibitions: Farmerexpo (Debrecen, Hungary) in 2005 and 2006, OME¿K (Budapest, Hungary) from 2005 and Polagra-Farm (Poznan, Poland) 2006. The different fairs can be compared by their relative "economic values¿ that makes the auditing more reliable. The model in the everyday teaching process has already been introduced based on an electronic lecture note. The basic version of the model is suitable to run tests (including what-if analyses, as well) and evaluate them by the students.