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Investments in Land Improvement. Methods of Mitigating the Climate’s Effects on the Romanian Economy

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  • Man, Otilia Rica

    ()
    (Faculty of Economics, “Dunărea de Jos” University of Galaţi)

  • Zugravu, Adrian

    ()
    (Faculty of Economics, “Dunărea de Jos” University of Galaţi)

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    Abstract

    Agriculture was and is still considered a strategic sector of the Romanian economy; out of this reason a greater contribution is expected from agriculture to the gross value added at national level. However, the lack of new investments or rehabilitation of the existing ones in agriculture adversely impacts its capacity to produce gross value added and makes it vulnerable to the severe weather conditions from the recent years. The statistical data for the past 7 years support, on the one hand, the correlation between productivity obtained in agriculture and the more or less favorable years in terms of weather conditions for Romania’s agriculture; on the other hand, they highlight the need to further investments in land improvement as a factor ensuring food security for the population.

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    File URL: ftp://www.ipe.ro/RePEc/iag/iag_pdf/AERD1004_57-66.pdf
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    Bibliographic Info

    Article provided by Institute of Agricultural Economics in its journal Agricultural Economics and Rural Development.

    Volume (Year): 7 (2010)
    Issue (Month): 1 ()
    Pages: 57-66

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    Handle: RePEc:iag:reviea:v:7:y:2010:i:1:p:57-66

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    Related research

    Keywords: investments; land improvement; climate; desertification; agriculture;

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