When Competitiveness in the Agriculture Sector Becomes Mandatory. Romania Case Study

Cristiana Ioana Șerbănel ()
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Cristiana Ioana Șerbănel: Bucharest University of Economic Studies

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 536-542

Abstract: The current commercial flow of Romanian agricultural products proves the requirement of a new paradigm in making efficient use of land resources. This article aims to assess Romanian agrifood commodities' volume on the world trade market for the latest available period. How good is doing Romania in terms volumes and values of trade, compared to other countries for the agri-food sector? How competitive is Romania in a sector where the country can be the second-largest producer in Central and Eastern Europe? The findings confirm that Romanian mostly export lowvalue-added products such as wheat, maize, sunflower seed, cigarettes, rapeseed, barley. Considering volumes, Romania ranks far behind its potential both at the European and global level. The results prove that new measures focused on stimulating the sector's competitiveness are mandatory.

Keywords: competitiveness; agriculture sector; productivity; Romania (search for similar items in EconPapers)
JEL-codes: F14 L1 Q1 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xx:y:2020:i:2:p:536-542

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