 MULTICRITERIA ASSESSMENTS OF THE EUROPEAN CONVERGENCE IN ROMANIA’S AGRI-FOOD ECONOMYAgricultural Economics and Rural Development, 2014, vol. 11, issue 1, 15-34 Abstract: This paper attempts to formulate multicriteria assessments regarding Romania’s European economic convergence, which also depends on the agri-food sector performance. Five evaluation criteria have been identified: three refer to the domestic economy (economic growth, real earnings and productivity, agri-food integration) and two refer to the European economy (energy intensity of the economy, real agricultural income). Methodologically, we used qualitative and quantitative statistical analysis of each of the five criteria. Under the background of a slower growth in volume of the agricultural GVA (13.5%) compared to total GVA (35.2%) we identified: a “real earnings- productivity” correlation rationality only in three of the eight time slots taken; a considerable deterioration of domestic agri-food integration; a regressive trend of the energy-intensity of Romanian economy, similar to the EU-28 average and to certain member states; a progressive trend of real agricultural income per capita, yet with the highest relative instability. Keywords: economic growth; real wage; productivity; agri-food integration; energy-intensity; real agricultural income; Romania (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:11:y:2014:i:1:p:15-34 Access Statistics for this article More articles in Agricultural Economics and Rural Development from Institute of Agricultural Economics Contact information at EDIRC. |
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