ROMANIAN AGRIFOOD SECTOR MACROECONOMIC CORRELATIONS OF DOMESTIC COMPETITIVENESS

by Toderoiu, Filon
Published in Romanian Journal of Economic Forecasting, 2004, volume 5 issue 4,
87-105

Abstract

The paper focuses on analyzing the influence of extensive and intensive factors from agriculture upon gross value added in the period between 1990 and 2000. The extensive factors are labor force and fixed capital endowment, while the intensive factors are gross efficiency of fixed capital and gross value added intensity. We, also, analyze the agricultural and food production dynamics, the share of agriculture in final output, intermediary consumptions and gross value added in national economy, the structure of agrifood economy, the structure of final output and net efficiency of intermediary consumptions in agrifood economy, the dynamics of final output, intermediary consumption and gross value added in agriculture, food industry and national economy, the dynamics of labor, fixed capital and intermediary consumptions productivity in agrifood economy in the period of transition (1989-2000), in Romania. The paper ends with forecast scenarios of gross value added in the Romanian agriculture based on the multiple regression model.

Keywords: agrifood economy, competitiveness, agricultural development correlations
JEL Classification: D24, O13