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Economic-Mathematical Bases Of Forecast Models Of Agri-Food Production And Consumption In Romania

Author

Listed:
  • Ciprian Ioan RUJESCU

    () (“King Michael I of Romania” Banat University of Agricultural Sciences and Veterinary Medicine from Timişoara, Faculty of Agricultural Management, Timişoara, Romania)

  • Andrea FEHER

    (Romanian Academy – Timisoara Branch, Research Centre for Sustainable Rural Development of Romania)

  • Adrian BĂNEŞ

    (Romanian Academy – Timisoara Branch, Research Centre for Sustainable Rural Development of Romania)

  • Păun Ion OTIMAN

    (Romanian Academy – Timisoara Branch, Research Centre for Sustainable Rural Development of Romania)

Abstract

The time that has elapsed after 1989 until now represents a distinct period in the evolution of our country’s economy, characterized by a clearly outlined evolution path. In statistical terms, this period provides data that makes it possible to approximate future trends in Romania’s agri-food market size in the coming years. Specifically, the aim of this study is to establish a mathematical model describing the evolution of the twentieth century agriculture in France – a country that throughout the last century had a well-defined development tendency and has many similarities with our country in terms of agricultural potential. By transposing certain sequences of the mathematical model specific to the development trend in France, in the sense of completing the statistical data from 1990 onwards in Romania, we are going to anticipate our country’s agri-food market possible evolution, at the 2035 time horizon.

Suggested Citation

  • Ciprian Ioan RUJESCU & Andrea FEHER & Adrian BĂNEŞ & Păun Ion OTIMAN, 2016. "Economic-Mathematical Bases Of Forecast Models Of Agri-Food Production And Consumption In Romania," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 13(2), pages 135-145.
  • Handle: RePEc:iag:reviea:v:13:y:2016:i:2:p:135-145
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    More about this item

    Keywords

    mathematical modeling; forecasting; food production.;

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General

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