INTERNAL COMPETITIVENESS EROSION OF THE ROMANIAN AGRI-FOOD SECTOR EROSION “CATALYZED” BY THE ECONOMIC-FINANCIAL CRISIS

Filon Toderoiu

Agricultural Economics and Rural Development, 2009, vol. 6, issue 1, 19-38

Abstract: The paper starts from the theoretical premise that the business environment of the operators from the agri-food economy is, greater influenced by the behaviour of certain essential macro-economic variables of the market economies. For this purpose, our methodological approach investigates the behaviour of six macro-economic variables (GDP, prices, inflation, exchange rate, budget and credit) during time periods for which relevant statistical data are available. Starting from the incidence of economic macro-variables upon the agri-food sector, a series of factors are identified and quantified that generated a strong erosion of farmers’ incomes (relative instability of production and real prices and the “aggressiveness” of real prices of non-agricultural inputs).

Keywords: macroeconomic variable; agri-food sector; sectoral real prices; price scissors; relative instability (search for similar items in EconPapers)
JEL-codes: Q11 Q13 Q14 Q18 R32 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:6:y:2009:i:1:p:19-38

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