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Influence of the Energy Crisis on Prices and the Performance of Agricultural Holdings

Author

Listed:
  • Claudiu – Florin Deac

    (“1st of December†University of Alba Iulia, Romania)

  • Margareta GhiÈ™a Făgădar

    (“1st of December†University of Alba Iulia, Romania)

Abstract

Agriculture is a complex science, made up of a number of factors that help the proper functioning and development of a society. In Romania, the agricultural sector has a strategic importance because it produces substantial income for the country, and the performance of this branch also depends on its Gross Domestic Product. The energy crisis imposed a new strategic approach on farmers in order to survive. The energy crisis triggered by the war between Russia and Ukraine generated an economic instability that also affected the price of cereals and implicitly agriculture throughout the world. The objective of this work is to observe what are the factors that direct the price of cereals on the main trading exchanges.

Suggested Citation

  • Claudiu – Florin Deac & Margareta GhiÈ™a Făgădar, 2022. "Influence of the Energy Crisis on Prices and the Performance of Agricultural Holdings," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 834-837, Decembrie.
    • Handle: RePEc:ovi:oviste:v:xxii:y:2022:i:2:p:834-837
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    More about this item

    Keywords

    performance; agricultural holding; energy crisis; cereals; costs;
    All these keywords.

    JEL classification:

    • J43 - Labor and Demographic Economics - - Particular Labor Markets - - - Agricultural Labor Markets
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

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