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The impact of public funding on the development of Romanian agriculture after EU integration

Author

Listed:
  • Andrei – Cristian Matei

    (Alexandru Ioan Cuza University of Iași, Iași, Romania)

  • Mihaela Onofrei

    (Alexandru Ioan Cuza University of Iași, Iași, Romania)

  • Ioana Gavriluta

    (Alexandru Ioan Cuza University of Iași, Iași, Romania)

  • Domnita Gritco

    (Alexandru Ioan Cuza University of Iași, Iași, Romania)

  • Lenuța Cojocariu

    (Alexandru Ioan Cuza University of Iași, Iași, Romania)

Abstract

The purpose of this research is to analyse the impact of public funding on the agricultural sector in Romania. The study highlights public institutions and their role in financing Romanian agriculture and shows the results obtained by analysing the effects of public funding on the agriculture sector, as very important for economy. In this sense, we present the functionality and the role of two important public institutions at national level, APIA and AFIR. The research methodology is based on qualitative methods using the inductive and deductive approach. The main conclusion of the study shows that public funding leads to an increase in the number of new farmers and an increase in agricultural entrepreneurial revenue. In the end, the research results can provide important guides in substantiating the financing of the needs of the agricultural sector for public decision makers, as well as its importance for the economy.

Suggested Citation

  • Andrei – Cristian Matei & Mihaela Onofrei & Ioana Gavriluta & Domnita Gritco & Lenuța Cojocariu, 2021. "The impact of public funding on the development of Romanian agriculture after EU integration," Journal of Financial Studies, Institute of Financial Studies, vol. 10(6), pages 94-101, May.
    • Handle: RePEc:fst:rfsisf:v:10:y:2021:i:6:p:94-101
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    References listed on IDEAS

    as
    1. Rym Ayadi & Beat Bernet & Simona Bovha-Padilla & Tom Franck & Nancy Huyghebaert & Vitor Gaspar & Reinhilde Veugelers, 2009. "Financing SMEs in Europe," SUERF Studies, SUERF - The European Money and Finance Forum, number 2009/3 edited by Morten Balling & Beat Bernet & Ernest Gnan, May.
    2. Madalina-Gabriela Anghel & Constantin Anghelache & Daniel Dumitrescu & Doina Burea & Radu Stoica, 2018. "Analysis of the Effect of Accessing the Community Funds for Financing Investments on Romania's Economic Growth," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 8(2), pages 102-112, April.
    3. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    4. Jale Tosun, 2014. "Absorption of Regional Funds: A Comparative Analysis," Journal of Common Market Studies, Wiley Blackwell, vol. 52(2), pages 371-387, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Public funding; public institutions; farmers; agricultural investments;
    All these keywords.

    JEL classification:

    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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