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Assessing Sustainable Performance In Agriculture

Author

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  • Sorina Simona BUMBESCU

    (1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA, ROMANIA)

Abstract

Romania has a significant agricultural potential due to the land owned, the workforce employed in this sector, the favorable climate conditions, but with all this the performance of Romanian’s agriculture is reduced compared to the EU. One of the ways of modernizing and revitalizing agriculture is represented by investments from European funds that have as strategic direction the sustainable development of agriculture. This article develops a synthetic theoretical framework on the peculiarities of Romania's agriculture in the context of EU agriculture, the performance analysis of agricultural holdings, and last but not least a case study on the assessment of the sustainable performance of agricultural holdings in Romania by economic size classes. The objective of this article is to assess the sustainable performance of agricultural holdings in Romania compared to the EU by analyzing the link between the farm size and sustainable value in order to identify the performance growth directions. In order to achieve the proposed objective, the sustainable value method was used. The results highlight the fact that in Romnaia the medium-sized farms achieve the highest performance expressed through Sustainable Value.

Suggested Citation

  • Sorina Simona BUMBESCU, 2019. "Assessing Sustainable Performance In Agriculture," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 245-252, June.
    • Handle: RePEc:cbu:jrnlec:y:2019:v:3:p:245-252
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    File URL: http://www.utgjiu.ro/revista/ec/pdf/2019-03/32_Bumbescu.pdf
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    References listed on IDEAS

    as
    1. Illge, L. & Hahn, Tobias & Figge, F., 2008. "Applying and Extending the Sustainable Value Method related to Agriculture – an Overview," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44441, European Association of Agricultural Economists.
    2. Edward Kassem & Oldřich Trenz & Jiří Hřebíček & Oldřich Faldík, 2017. "Sustainability Assessment and Reporting in Agriculture Sector," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 65(4), pages 1359-1369.
    3. Capello, Roberta & Nijkamp, Peter, 2002. "In search of sustainable human settlements: Prefatory remarks," Ecological Economics, Elsevier, vol. 40(2), pages 151-155, February.
    4. Peter M. Clarkson & Michael B. Overell & Larelle Chapple, 2011. "Environmental Reporting and its Relation to Corporate Environmental Performance," Abacus, Accounting Foundation, University of Sydney, vol. 47(1), pages 27-60, March.
    5. Figge, Frank & Hahn, Tobias, 2004. "Sustainable Value Added--measuring corporate contributions to sustainability beyond eco-efficiency," Ecological Economics, Elsevier, vol. 48(2), pages 173-187, February.
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    Cited by:

    1. Bumbescu Sorina Simona, 2020. "Analysis of Economic Performance in Agriculture Using Econometric Modeling," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 30(3), pages 118-128, September.

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