Study on the Influence of Subsidies on the Economic Situation of Agriculture in Romania

Ionut Laurentiu Petre and Maria Nica
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Ionut Laurentiu Petre: The Bucharest University of Economic Studies, Bucharest, Romania
Maria Nica: The Bucharest University of Economic Studies, Bucharest, Romania

International Journal of Sustainable Economies Management (IJSEM), 2019, vol. 8, issue 4, 58-67

Abstract: The purpose of this article is to determine if the subsidies granted in the agriculture of Romania influence the economic state of the agriculture, and if so how. After consulting the literature, some authors found that financial interventions are beneficial in some states, and other authors found that in other states the subsidies have a negative impact, so the question arises from the research of this study, which is the influence of granting subsidies on agriculture in Romania?. Data is analyzed regarding the economic accounts in agriculture to determine their evolution, and in the second part of the article an analysis of the coefficients of variation between variables is performed, and following the determination of the dependent and independent variables a model of simple linear regression. Following the correlation of the subsidies with the added value of agriculture it can be considered that the subsidies have a positive impact in Romania, when they increase, and the added value of the agriculture increases.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jsem00:v:8:y:2019:i:4:p:58-67

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