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Challenges And Requirements For Sustainable Development Of Romania’S Agriculture Based On The Input-Output Analysis

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  • Gheorghe ZAMAN

    () (Institute of National Economy, Romanian Academy)

Abstract

The paper analyzes economic interconnection generated by Romanian agriculture as supplier and producer in the context of inputoutput tables compiled for the national economy in 2003, 2004 and 2009 with 34 industries, in producer current prices. The purpose of study is to outline the number of industries with which agriculture is interrelated as output supplier and input consumer (technical coefficients aij), the structure of final consumption and gross value added, the importance of exports, imports and gross fixed capital formation. The main conclusions reveal the necessity of recovering and expanding the diversification potential of products and services in agriculture, increasing investments in high tech and more efficient activities processing raw materials offered by agriculture.

Suggested Citation

  • Gheorghe ZAMAN, 2012. "Challenges And Requirements For Sustainable Development Of Romania’S Agriculture Based On The Input-Output Analysis," Romanian Journal of Economics, Institute of National Economy, vol. 35(2(44)), pages 5-15, December.
  • Handle: RePEc:ine:journl:v:2:y:2012:i:44:p:5-15
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    More about this item

    Keywords

    intermediate output; inputs; final consumption; technical coefficients; export; import; gross fixed capital formation; backward and foreward dependencies.;

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services

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