The relationship between poverty and agricultural growth in countries within central and eastern europe

Anaida Iosif ()
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Anaida Iosif: The Bucharest University of Economic Studies

International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2015, vol. 4, 170-176

Abstract: The paper aims to analyze the relationship between economic growth and increasing agricultural productivity at macroeconomic level, relationship that determines a decrease of poverty. Data sets are analyzed using econometric methods in order to test the cointegration relationships. The results of the data shows that, in Romania's case, the added value of agriculture has no significant impact in the evolution of the country's GDP, so also the impact in raising the standard of living is marginal. Increase productivity and profitability of agriculture requires a complex approach: a financial system to support development of the sector by providing specific financial products and services, the reorganization / retechnologization of farms, encouraging young people to invest in agriculture, ownership structure of agricultural land.

Keywords: added value; poverty; production; labor force (search for similar items in EconPapers)
Date: 2015
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