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Evaluation Of The Investment Decisions In Agriculture

Author

Listed:
  • Vasile BURJA

    (1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA)

  • Sorina Simona BUMBESCU

    (1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA)

Abstract

Romania has a significant agricultural potential but underutilized and not adapted to the current requirements of the market economy. The role of the investmen process in agricultural development is obvious. This involves the use of a significant amount of resources that has to be directed towards objectives with maximum efficiency. The decision process is complex given the multiple criteria on which are based the investments. The article presents the particularities of the investment process in agriculture and proposes a model for the evaluation and ranking of investments under multi-criteria conditions based on ELECTRE method. The result shows the method opportunity that can lead to the investment efficiency increasing in agriculture.

Suggested Citation

  • Vasile BURJA & Sorina Simona BUMBESCU, 2016. "Evaluation Of The Investment Decisions In Agriculture," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 82-87, June.
    • Handle: RePEc:cbu:jrnlec:y:2016:v:3:p:82-87
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