The Influence of Governmental Agricultural R&D Expenditure on Farmers’ Income—Disparities between EU Member States

Mirela Stoian, Raluca Andreea Ion, Vlad Constantin Turcea (), Ionut Catalin Nica and Catalin Gheorghe Zemeleaga
Additional contact information
Mirela Stoian: The Department of Agrifood and Environmental Economics, Faculty of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010961 Bucharest, Romania
Raluca Andreea Ion: The Department of Agrifood and Environmental Economics, Faculty of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010961 Bucharest, Romania
Vlad Constantin Turcea: The Department of Agrifood and Environmental Economics, Faculty of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010961 Bucharest, Romania
Ionut Catalin Nica: The Department of Agrifood and Environmental Economics, Faculty of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010961 Bucharest, Romania
Catalin Gheorghe Zemeleaga: The Department of Agrifood and Environmental Economics, Faculty of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 010961 Bucharest, Romania

Sustainability, 2022, vol. 14, issue 17, 1-14

Abstract: This article investigates how governmental agricultural R&D expenditure affect economic prosperity and sustainable development, attempting to verify the hypothesis that agricultural research and development expenditures are among the key factors influencing the farmers’ income, as one of the sustainable development indicators. Statistical data were retrieved from European international databases for the period of 2004–2020 and were analyzed using the regression model. The results of the study indicate positive effects for most of the EU member states. The countries where the results validate the hypothesis are Austria, Belgium, Bulgaria, the Czech Republic, Germany, Estonia, Finland, France, Greece, Croatia, Ireland, Latvia, Poland, Slovakia, Slovenia, and the United Kingdom, as a former member state of the EU. Further, the model confirms that a significant portion of farmers’ income growth is explained by the governmental R&D expenditure. These findings may change the methods and directions regarding the agricultural R&D expenditure, underpinning the macroeconomic policy and agriculture in rural areas along the pathway to achieving the sustainable development goals.

Keywords: sustainable agriculture; governmental agricultural R&D expenditure; farmers’ income; sustainable development goals (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/14/17/10596/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/17/10596/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:17:p:10596-:d:897616

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().