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Can There Be A Competitor To Traditional Arable Crops In Romania?

Author

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  • Margit Csipkes

    (Institute of Sectoral Economics and Methodology, Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary)

Abstract

Regarding land use, in the member states of the European Union it can be established that maize is the most productive traditional arable crop. The annual productive area of maize in 2015 was approximately 9.33 million hectares in the EU 28, which was 3% less than that of 2014. There was also a reduction in average production, which, according to member states’ figures decreased to 6.15 tonnes/ hectare. This reduction is due to the worsening natural conditions. Consequently, the year’s production was about 57 million tonnes at the end of 2015. This represented a reduction of 25% compared to 2014. The second largest production crop in the EU 28 is wheat, although here, too, a reduction can be observed when the data for the last 5 years is examined. This reduction in crop production prompts arable farmers to engage in the production of other crops in those areas where there is a continual reduction in crop production. In my study I will introduce the profitability and risks associated with those plants suited for energy extraction, which can be competitive with the traditional arable plant cultivation.

Suggested Citation

  • Margit Csipkes, 2017. "Can There Be A Competitor To Traditional Arable Crops In Romania?," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 2(1), pages 21-31, March.
    • Handle: RePEc:ora:jrojbe:v:2:y:2017:i:1:p:21-31
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    More about this item

    Keywords

    traditional arable crop; risk; energy; energy plants;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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