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Labor Costs in Agriculture: Brief Analysis of the Romanian Sector

Author

Listed:
  • Beatrice-Simona MANOLACHE

    (Dunarea de Jos University of Galati, Romania)

  • Silviu-Cristian SIMIONESCU

    (Dunarea de Jos University of Galati, Romania)

  • Mihaela PILA

    (Dunarea de Jos University of Galati, Romania)

  • Silvius STANCIU

    (Dunarea de Jos University of Galati, Romania)

Abstract

The research proposes an comparative analysis of the evolution of labour costs in the national agricultural sector in the period 2017-2021. The study was conducted using data provided by the national and European statistical systems. For bibliographic documentation, the official releases of the National Institute of Statistics, Google Scholar, Clarivate Analytics, and ResearchGate were taken into account. The results of the comparative analysis of labour costs have shown a steady increase across all sectors of activity at the national level in Romania, including in the agricultural sector. The agricultural sector records costs significantly below the national average, an important aspect to be considered in the development of strategies for optimizing the management of agricultural enterprises. The lack of balance in labour costs can have effects on the financial performance and competitiveness of businesses, as well as on the job market and the overall economy.

Suggested Citation

  • Beatrice-Simona MANOLACHE & Silviu-Cristian SIMIONESCU & Mihaela PILA & Silvius STANCIU, 2023. "Labor Costs in Agriculture: Brief Analysis of the Romanian Sector," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 33-40.
    • Handle: RePEc:ddj:fseeai:y:2023:i:1:p:33-40
    DOI: 10.35219/eai15840409317
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    References listed on IDEAS

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    1. Laura-Delia ANGHELUȚĂ & Florin Marian BUHOCIU & Silvius STANCIU, 2020. "The Management of the European Agricultural Fund for Rural Development during 2014 - 2018," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 21(4), pages 562-576, October.
    2. Dana Ichim Somogyi, 2020. "Romania’s Labor Market Prospects: Indicators for 2010 – 2020 and Estimates for 2030," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 347-354, December.
    3. Tocco, Barbara & Davidova, Sophia & Bailey, Alastair, 2014. "Labour adjustments in agriculture: evidence from Romania," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 116(2), pages 1-7, August.
    4. Valentina Constanta Tudor & Toma Adrian Dinu & Marius Vladu & Dragoș Smedescu & Ionela Mituko Vlad & Eduard Alexandru Dumitru & Cristina Maria Sterie & Carmen Luiza Costuleanu, 2022. "Labour Implications on Agricultural Production in Romania," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    5. Silvius Stanciu & Monica Laura Zlati & Valentin Marian Antohi & Cezar Ionut Bichescu, 2019. "The Development Analysis of the Romanian Traditional Product Market Based on the Performance Model for Sustainable Economic Development," Sustainability, MDPI, vol. 11(4), pages 1-27, February.
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