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Factor Productivity In Romania’S Agriculture – Medium-Term Evolution

Author

Listed:
  • Cecilia ALEXANDRI

    (Institute of Agricultural Economics, Romanian Academy, Bucharest)

Abstract

This paper analyses agricultural productivity in Europe and in Romania in the last decades, trying to identify the most significant factors and to quantify their contribution to the process of agricultural growth. For the assessment of agricultural productivity, we used the indicator total factor productivity (TFP), to which partial productivity indicators of the main production factors were added, namely labour productivity and land productivity. The paper used agricultural total factor productivity indices (TFP) developed by ERS (Economic Research Service USDA). In conclusion, among the factors that are found to be important for agricultural productivity in Romania are the balanced structure of agricultural output, diversification of agricultural output, the young and skilled labour force input, funds allocated to research, evolution of domestic demand and foreign markets.

Suggested Citation

  • Cecilia ALEXANDRI, 2021. "Factor Productivity In Romania’S Agriculture – Medium-Term Evolution," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 18(2), pages 149-164.
    • Handle: RePEc:iag:reviea:v:18:y:2021:i:2:p:149-164
    as

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    References listed on IDEAS

    as
    1. Wang, Sun Ling & Heisey, Paul & Schimmelpfennig, David & Ball, Eldon, 2015. "Agricultural Productivity Growth in the United States: Measurement, Trends, and Drivers," Economic Research Report 207954, United States Department of Agriculture, Economic Research Service.
    2. Julian M. Alston & Philip G. Pardey, 2014. "Agriculture in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 28(1), pages 121-146, Winter.
    3. Fuglie, Keith, 2015. "Accounting for growth in global agriculture," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 4(3), pages 1-34, December.
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    Keywords

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    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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