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Economic Performance In Viticulture: Evidence From Romania

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  • Camelia BURJA

Abstract

Romania has determinant factors (climate, soil quality, local conditions) favouring quality wines, which gives it an important wine potential. The objective of this paper is to study the effects of the management of the production factors on the performance of the Romanian wine sector. The results of the study show that labor productivity and efficient management of technical capital elements have positively influenced the economic performance of Romanian vineyards, but the financing modality (debts level) has negatively influenced. The policies recommended in the study to increase the economic performance in Romania viticulture refer to an efficient management of the production factors to increase their efficiency, and utilization of an adequate financing.

Suggested Citation

  • Camelia BURJA, 2020. "Economic Performance In Viticulture: Evidence From Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(22), pages 11-18.
    • Handle: RePEc:alu:journl:v:2:y:2020:i:22:p:11-18
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    References listed on IDEAS

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    More about this item

    Keywords

    vineyards holding; economic performance; production factors; profitability;
    All these keywords.

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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