Analysis of Economic Performance in Agriculture Using Econometric Modeling

Bumbescu Sorina Simona ()
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Bumbescu Sorina Simona: “1 Decembrie 1918” University of Alba Iulia, Romania

Studia Universitatis „Vasile Goldis” Arad – Economics Series, 2020, vol. 30, issue 3, 118-128

Abstract: Agriculture is a priority sector of the national economy, so the analysis of the economic performance of agricultural holdings in Romania using modern methods, such as econometric modeling, is of particular importance. In this article is made an analysis of economic performance, expressed by ROA and ROE, for the first 500 farms in Romania (ordered by turnover size), over a period of 5 years, the purpose being to provide an answer to a fundamental research question: Which are the economic indicators/variables that significantly influence the economic performance expressed by ROA and ROE? The results of this study highlight the relevance of the econometric modeling applied for performance analysis as well as the main indicators that significantly influence the economic performance of agricultural holdings expressed by ROA and ROE. The paper brings a significant contribution to make correct decisions aimed at the economic performance of the agricultural sector.

Keywords: performance; agriculture; return on assets; return on equity (search for similar items in EconPapers)
JEL-codes: C01 M21 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:suvges:v:30:y:2020:i:3:p:118-128:n:7

DOI: 10.2478/sues-2020-0021

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