CONVERGENCE OF HORTICULTURAL FARMS IN ROMANIA FROM THE PERSPECTIVE OF COMPETITIVNESS AND PROFITABILITY IN EU

Cornelia Alboiu
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Cornelia Alboiu: Institute of Agricultural Economics, N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2021, vol. 9, issue 1, 170-176

Abstract: The paper aims to analyze the degree of convergence of the horticultural sector in Romania in terms of competitiveness indicators with other EU member states. In order to be able to establish a robust causal link between the factors of competitiveness in determining the degree of convergence of the horticultural sector, certain indicators of competitiveness were considered such as the family income of the holding per unit of work and the net added value per unit of annual work. In addition, other indicators were calculated, such as the degree of capitalization, the share of production costs, net assets, return on assets, trade balance. The results show a low level of competitiveness compared to all countries analyzed, which indicates that the horticultural sector in Romania is not yet on the verge of achieving an economic convergence with the main EU horticultural sectors.

Keywords: convergence; competitivness; Romanian horticultural sector (search for similar items in EconPapers)
JEL-codes: Q10 Q19 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:9:y:2021:i:1:p:170-176

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