FACTOR PRODUCTIVITY IN ROMANIA’S AGRICULTURE – MEDIUM-TERM EVOLUTION

Cecilia Alexandri ()
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Cecilia Alexandri: Institute of Agricultural Economics, Romanian Academy, Bucharest

Agricultural Economics and Rural Development, 2021, vol. 18, issue 2, 149-164

Abstract: This paper analyses agricultural productivity in Europe and in Romania in the last decades, trying to identify the most significant factors and to quantify their contribution to the process of agricultural growth. For the assessment of agricultural productivity, we used the indicator total factor productivity (TFP), to which partial productivity indicators of the main production factors were added, namely labour productivity and land productivity. The paper used agricultural total factor productivity indices (TFP) developed by ERS (Economic Research Service USDA). In conclusion, among the factors that are found to be important for agricultural productivity in Romania are the balanced structure of agricultural output, diversification of agricultural output, the young and skilled labour force input, funds allocated to research, evolution of domestic demand and foreign markets.

Keywords: agricultural productivity; TFP; Romania (search for similar items in EconPapers)
JEL-codes: D24 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:18:y:2021:i:2:p:149-164

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