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The Romanian Vegetable Processing Sector Between Productivity And Its Capacity To Ensure Self-Sufficiency

Author

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  • ALBOIU, Cornelia

    (Institute of Agricultural Economics, Romanian Academy, Bucharest, Romania)

Abstract

The purpose of this paper is to analyze the evolution of the vegetable processing sector and to calculate several indicators such as number of employees, value of production, gross value added, apparent labor productivity, investment rate and to make some comparisons with other EU countries. According to the representatives of the sector, the market of canned vegetables is not yet very well anchored, although it has an important potential, given that almost half of the canned vegetables are imported. At the same time, farmers complain that lower quality production is wasted as the opportunity to process it is quite limited. There are many vegetables basins that lack the presence of a processing company or processing cooperatives formed by farmers’ themselves. The study concludes that the revitalization of the sector requires important investments in processing companies, in new production technologies and processing cooperatives/producer groups.

Suggested Citation

  • ALBOIU, Cornelia, 2023. "The Romanian Vegetable Processing Sector Between Productivity And Its Capacity To Ensure Self-Sufficiency," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 11(1), pages 34-42, October.
    • Handle: RePEc:vls:rojfme:v:11:y:2023:i:1:p:34-42
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    More about this item

    Keywords

    vegetable processing sector; productivity indicators; investments;
    All these keywords.

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q19 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Other

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