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Internal Competitiveness Erosion Of The Romanian Agri-Food Sector Erosion “Catalyzed” By The Economic-Financial Crisis

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  • Toderoiu, Filon

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

Abstract

The paper starts from the theoretical premise that the business environment of the operators from the agri-food economy is, greater influenced by the behaviour of certain essential macro-economic variables of the market economies. For this purpose, our methodological approach investigates the behaviour of six macro-economic variables (GDP, prices, inflation, exchange rate, budget and credit) during time periods for which relevant statistical data are available. Starting from the incidence of economic macro-variables upon the agri-food sector, a series of factors are identified and quantified that generated a strong erosion of farmers’ incomes (relative instability of production and real prices and the “aggressiveness” of real prices of non-agricultural inputs).

Suggested Citation

  • Toderoiu, Filon, 2009. "Internal Competitiveness Erosion Of The Romanian Agri-Food Sector Erosion “Catalyzed” By The Economic-Financial Crisis," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 6(1), pages 19-38.
  • Handle: RePEc:iag:reviea:v:6:y:2009:i:1:p:19-38
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    More about this item

    Keywords

    macroeconomic variable; agri-food sector; sectoral real prices; price scissors; relative instability;

    JEL classification:

    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis

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