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Convergence Of Horticultural Farms In Romania From The Perspective Of Competitivness And Profitability In Eu

Author

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  • ALBOIU, Cornelia

    (Institute of Agricultural Economics, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

The paper aims to analyze the degree of convergence of the horticultural sector in Romania in terms of competitiveness indicators with other EU member states. In order to be able to establish a robust causal link between the factors of competitiveness in determining the degree of convergence of the horticultural sector, certain indicators of competitiveness were considered such as the family income of the holding per unit of work and the net added value per unit of annual work. In addition, other indicators were calculated, such as the degree of capitalization, the share of production costs, net assets, return on assets, trade balance. The results show a low level of competitiveness compared to all countries analyzed, which indicates that the horticultural sector in Romania is not yet on the verge of achieving an economic convergence with the main EU horticultural sectors.

Suggested Citation

  • ALBOIU, Cornelia, 2021. "Convergence Of Horticultural Farms In Romania From The Perspective Of Competitivness And Profitability In Eu," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 9(1), pages 170-176, October.
    • Handle: RePEc:vls:rojfme:v:9:y:2021:i:1:p:170-176
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    References listed on IDEAS

    as
    1. Barro, Robert J & Sala-i-Martin, Xavier, 1992. "Convergence," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-251, April.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    convergence; competitivness; Romanian horticultural sector;
    All these keywords.

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q19 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Other

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