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2018, Business Excellence and Management
The aim of this study is to identify the role agriculture plays in the economic development of Romania. Consequently, we studied the specialized literature, which analyzes the relationship between agriculture and the economic development, as well as the role of agriculture in reducing poverty. In order to study the impact on Romanian economy of the shift from a centralized economy to the market economy, we use four variables of which the independent one is represented by the added value of agriculture, and the other three variables are dependent, they only slightly characterize Romanian economy: the GDP/capita, inflation consumer prices and external debt stocks. Conclusions show that the increase of the added value in agriculture positively influences the evolution of the GDP/capita. At the same time, it also exercises a major influence on inflation, thus the positive correlation highlights the fact that the annual percentage of the purchase price of a consumer basket will decrease when the internal crop is rich, and it will increase when agriculture production is unsatisfactory. It is interesting to notice that Romania's external debt increases when the added value of agriculture records surges as compared to the previous years.
Review on Agriculture and Rural Development
Agriculture represent one of the most important branches of the Romanian economy. Within performing the suggested analysis we started from the premise that the economy of each country, regardless of developing degree, agriculture, by natural and human resources available, by contributing to the creation of gross domestic product, of gross value added, but also by participating at internal and external trade, obviously holds an important position. Romanian rural economy is currently dominated in a large part by agriculture. Favorable geographical conditions, topography, climate, fertile soils, in addition with workforce, a suitable administrative system, but the connection of rural population to land and animals can make the Romanian agriculture as production branch attractive and profitable to determine economic growth at national level. Thus, we considered necessary to perform an analysis concerning the importance of Romanian agriculture, analysis that represents the basis for find...
Romania's accession to the European Community has facilitated access for economic entities to international financing. One of the economic sectors that benefited from these external sources of financing was the agricultural sector. In Romania, the agricultural sector amounted to nearly 86 billion RON in 2018, a substantial increase of 88.66% compared to 2007. The purpose of this article is to observe, during 2007-2019, the evolution of the main indicators that characterize the agricultural sector in Romania, focusing on the situation of the Western region of Romania. The main conclusions of this article highlight the effect of European funds on the development of the agricultural sector in the western region of Romania.
2007
Considering the index report for the present and previous years, Romania plays an active role in the growth process of the European Economy; from this point of view, we can be confident that the agriculture convergence is a close and realistic objective, as well as the industrial and services sectors’ development. The stability of the economic space in the United Europe is supported by steady efforts of the new member-states: among them, our country is called to set up a post-accession set of solutions fit for agriculture and industries targeting to make permanent the high rate of economic growth. This will enable the increasing quality of life, the reducing poverty-especially in the rural zones, maximizing of the effects of consumed resources (raising the agriculture productivity). The agricultural sector, as a fundamental ground for all the economy, is made by competitive employed people, in the service of all the citizens and such a crucial resource always should be reasonable ad...
Annals Economy Series, 2013
Agriculture is a sector of the national economy which may represent a significant contribution to the economic growth if it is quantified properly. In Romania agriculture has declined significantly caused by various reasons. In frame of this study, we will attempt to discern their influence using official statistics. We will try to identify the place and the role of agriculture in Romania's actual economy from the perspective of GDP, investment in agriculture, the employment of this sector activity, because romanian agriculture remains an important sector in terms of view of agricultural area used, the contribution to GDP and, in particular, the percentage of the population employed.
Ekonomika poljoprivrede, 2019
This paper seeks to analyze the impact of agricultural investments on economic growth in rural communities in Romania. It answers the question: are the investments in agriculture a determinant of economic growth in rural communities, and if yes, what is their impact on economic growth? The objectives are to identify, through linear regression models, the intensity and meaning of the relationships between the value of investments and the main indicators that can express economic growth in rural areas. In this purpose, the level of relationships between the value of investments in agriculture and the value of GDP in predominantly rural areas, the value of GDP in agriculture and the value of the agricultural production are analyzed. The main results show that the variables chosen are influenced by the value of the investments in different proportions, so the hypothesis that investment in agriculture has a positive and medium impact on rural economic growth is true. The most significant relationship is obtained between the value of agricultural investments and the value of agricultural production.
2014
The agriculture development needs measures, and one of the main indicators that quantifies the results obtained is the value of agricultural production. In the present paper is studied this indicator through its structure in the vegetal, animal and agricultural services sector. It is also studied the impact of EU accession on agricultural production value. To capture the structural differences, the results are divided into two periods: the period 20012006, representing the period before EU accession and the period 2007-2012, representing the period after EU accession. To these data were added statistical calculations using the mean, the standard deviation and coefficient of variation to determine the homogeneity of the data.
2010
It is without doubt that the main modality to increase agriculture contribution to the general economic growth is the capital injection into economic factors (investments that create jobs, increase production and productivity on the agricultural holdings, develop infrastructure in the rural areas), the best use of financial resources by funding systems adequate to the present situation whose effects should stop the economic decline and subsequently generate economic growth.
Revista Economica
The current study aims to highlight the main deficiencies that defined the fundamental sector of the Romanian economy in the modern period, agriculture. In this case, we are witnessing a paradox, Romania s specialization in this traditional occupation, the majority rural population, the soil of an exceptional quality being only the elements of a not exploited to its true value potential. We therefore propose an analysis of the way of organization and operation of the agricultural holdings, both of the small and the large farming, emphasising the insufficiencies that characterized these holdings, contributing majorly to the lack of performance of this key economic sector.
Procedia Economics and Finance, 2014
The main objective of the paper is to identify the structural factors that led to a chronic insufficiency of the Romanian agri-food domestic supply in the last decades. The paper makes an update and re-evaluation of problems related to Romania's agriculture production potential, in the context of the current evolutions of the agrarian and production structures and of the possible effects of the Common Agricultural Policy Reform. The changes produced in the last decade are investigated with regard to farm consolidation, increase of farm area, agricultural land operation modality and land market problems. At the same time, the production structures are also analyzed in relation to farm size. The main conclusion of the study is that the current agrarian structures contribute by different modalities to ensuring the domestic agricultural supply and food security. The calculation of certain statistical indicators on production variability and its diversification on the large, medium and small-sized farms revealed the strong specialization of production on the large farms and production diversification on the small farms.
Theoretical and Applied Economics, 2015
Romanian agriculture issues have been analyzed and discussed in numerous studies and professional articles. Agriculture is an important sector for Romania, given the large agricultural area owned; the sector can contribute to the qualitative transformation of the Romania’s economy. Studies on agriculture and its role in the economic development of a country are numerous and highlight the importance of agriculture for any economy. Starting from the features of the Romanian agriculture and considering the current European context, this paper presents the situation of the Romanian agriculture and the main courses of action for rural development in order to improve work efficiency in the Romanian agriculture.
International Journal of Sustainable Economies Management, 2019
The purpose of this article is to determine if the subsidies granted in the agriculture of Romania influence the economic state of the agriculture, and if so how. After consulting the literature, some authors found that financial interventions are beneficial in some states, and other authors found that in other states the subsidies have a negative impact, so the question arises from the research of this study, which is the influence of granting subsidies on agriculture in Romania?. Data is analyzed regarding the economic accounts in agriculture to determine their evolution, and in the second part of the article an analysis of the coefficients of variation between variables is performed, and following the determination of the dependent and independent variables a model of simple linear regression. Following the correlation of the subsidies with the added value of agriculture it can be considered that the subsidies have a positive impact in Romania, when they increase, and the added v...
2010
As based on available data sets from the World Bank’s Yearbook (2008), a statistical analysis was made to highlight some characteristics of Romanian agriculture during 1961-2003. It is presented a series of models (Grabowski and Sivan (1986)) and econometric methods used to analyse supply and demand of the labour force in agriculture. This included an estimated regression model for analyzing the evolution of added value in agriculture during 1980-2003 according to a number of infl uencing factors. To characterize the concentration of agricultural production by development regions the Herfi ndahl Index was utilised.
The aim of this paper is to present the main features of Romanian agriculture in the context of climatic changes and economic crisis. Essential approach on that topic refers to a blueprint of Romanian economy, with a particular view on its agriculture nowadays, considering the production factors that may influence economical growth, namely: land, capital, labor force and management. Since 2005-2006 agricultural branch production indices started to decrease. Romania’s agriculture has declined because of both local factors, namely subsistence farms spreading, insufficient technical endowment, inappropriate usage of agricultural tools, faulty system of management, as well as external factors, like climatic changes and economic crisis. However, the recent adoption of a comprehensive economic policy programme, comprising structural reforms and financial sector supervision, is able to bring a positive impact on the Romanian economy, including agriculture.
Revista Română de Statistică
As based on available data sets from the World Bank 's Yearbook (2008), a statistical analysis was made to highlight some characteristics of Romanian agriculture during 1961Romanian agriculture during -2003. It is presented a series of models ) and econometric methods used to analyse supply and demand of the labour force in agriculture. This included an estimated regression model for analyzing the evolution of added value in agriculture during 1980-2003 according to a number of infl uencing factors. To characterize the concentration of agricultural production by development regions the Herfi ndahl Index was utilised.
2011
The paper presents a series of models used to identify the characteristics of the romanian agriculture in the 1960-2006 period of time. Using econometric methods we try to identify significant differences between agricultural productions obtained before and after the year of the revolution. Thus, following the dynamics of time series considered we identified two different time periods. The first is located before the 1989 revolution, and the second in the period that followed it. The two periods are different compared to the evolution of the considered indicators.
Land Use Policy, 2014
the main aims of this study are to highlight the differences and the similarities between the european model of agricultural and rural development, and the state of play in the Romanian agricultural sector. statistically speaking, the agricultural sector's indicators of the past two decades place Romania outside the family picture of the eu countries, with very slight resemblances, and very strong discrepancies between their economic, technical, and institutional characteristics. at present, competition-wise, farming and farmers in Romania are still strongly disfavoured in relation to their competitors in the old eu Member states. in Romania, the economic and institutional mechanisms have most often been devised to the disadvantage of agricultural production, by claiming that subsistence farming would be the sustainable way, and by channelling the added value to other sectors. an option to continue the agricultural policies of the past decades and to abandon the national support lent to agriculture would be particularly risky through its unpredictable and incalculable social and economic effects.
Risk in Contemporary Economy, 2017
Member of the European Union, Romania faces huge competitiveness problems which affect the capacity of taking advantage of its new status. This paper aims at identifying Romania's major competitiveness difficulties, with a special focus on the agriculture and rural development in order to find the best solution for improving the current situation. The methodology of our study included both statistical analysis methods and sociologic analysis methods. We had a large survey of economic literature on competitiveness, agriculture and rural development matters, we analyzed the European and Romanian statistics, as well as other studies and strategies concerning Romania's economic situation. We notice that, despite pre-accession funds and some other efforts to improve Romania's competitiveness, our country possess, at this moment, not even a single competitive advantage on the European market and the situation of agriculture and rural economy is particularly difficult. The paper details these problems, the impact of European integration on Romania's competitiveness and especially the impact of the common agricultural policy on Romanian agriculture and rural economy, also trying to offer solution for surpassing these difficulties.
2004
The paper focuses on analyzing the influence of extensive and intensive factors from agriculture upon gross value added in the period between 1990 and 2000. The extensive factors are labor force and fixed capital endowment, while the intensive factors are gross efficiency of fixed capital and gross value added intensity. We, also, analyze the agricultural and food production dynamics, the share of agriculture in final output, intermediary consumptions and gross value added in national economy, the structure of agrifood economy, the structure of final output and net efficiency of intermediary consumptions in agrifood economy, the dynamics of final output, intermediary consumption and gross value added in agriculture, food industry and national economy, the dynamics of labor, fixed capital and intermediary consumptions productivity in agrifood economy in the period of transition (1989)(1990)(1991)(1992)(1993)(1994)(1995)(1996)(1997)(1998)(1999)(2000), in Romania. The paper ends with forecast scenarios of gross value added in the Romanian agriculture based on the multiple regression model.
Village and Agriculture, 2012
Starting from Romania’s economy position on the global competitiveness scale (on which Romania dropped by ten places, in the last year), the agri-food sector being an important economic driving factor of the economy, the paper attempts to identify certain sets of macroeconomic variables determining non-performant generation of value added (as level and annual dynamics), which induced radical structural changes in the share of the main branches (agriculture, industry and constructions) in the essential resources of the economy (employment, fixed capital stock and net investment) and in its results (gross value added). The first set of variables is of correlative type, at macro-economic level (energy intensity of the economy; “real wages – productivity” correlation; intra-component ratios of the consumer price index). The second type of variables is of sectoral type, at the agri-food economy level (disintegrative “double fracture”; upstream and downstream economic driving effects). Th...
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