IDEAS home Printed from https://ideas.repec.org/a/iag/reviea/v11y2014i1p61-78.html
   My bibliography  Save this article

Determinants Of Economic Growth In The Romanian Agri-Food Sector – Developments And Trends

Author

Listed:
  • Elena Carmen BUCUR

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

  • Sorinel Ionel BUCUR

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

Abstract

The economic growth determinants in a national economy or sector have been the subject of many debates among experts, starting from the identification of the indicators considered to be the economic growth drivers, to the correlations between them and to the interpretations of results. This approach aims to identify the extensive and intensive indicators with direct influence upon economic growth in the Romanian agro-food sector and to test the influence of factors upon the effect indicators by constructing an econometric model. Referring to the agri-food sector, the following were identified as indicators/influence factors of economic growth: gross value added, crop and livestock production value, livestock herds, agricultural production in terms of cereal units, employed population, consumption of main products, labor productivity, prices. The analysis of the data series of the indicators mentioned above and the correlations between them reveal their involutions in terms of efficiency and productivity, being still far from ensuring the sustainable economic growth in the agri-food sector.

Suggested Citation

  • Elena Carmen BUCUR & Sorinel Ionel BUCUR, 2014. "Determinants Of Economic Growth In The Romanian Agri-Food Sector – Developments And Trends," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 11(1), pages 61-78.
  • Handle: RePEc:iag:reviea:v:11:y:2014:i:1:p:61-78
    as

    Download full text from publisher

    File URL: ftp://www.ipe.ro/RePEc/iag/iag_pdf/AERD1401_61-78.pdf
    Download Restriction: no

    More about this item

    Keywords

    determinants; efficiency; results; agri-food sector;

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iag:reviea:v:11:y:2014:i:1:p:61-78. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Corina Saman). General contact details of provider: http://edirc.repec.org/data/iaacaro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.