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Investments in Land Improvement. Methods of Mitigating the Climate’s Effects on the Romanian Economy

Author

Listed:
  • Man, Otilia Rica

    (Faculty of Economics, “Dunărea de Jos” University of Galaţi)

  • Zugravu, Adrian

    (Faculty of Economics, “Dunărea de Jos” University of Galaţi)

Abstract

Agriculture was and is still considered a strategic sector of the Romanian economy; out of this reason a greater contribution is expected from agriculture to the gross value added at national level. However, the lack of new investments or rehabilitation of the existing ones in agriculture adversely impacts its capacity to produce gross value added and makes it vulnerable to the severe weather conditions from the recent years. The statistical data for the past 7 years support, on the one hand, the correlation between productivity obtained in agriculture and the more or less favorable years in terms of weather conditions for Romania’s agriculture; on the other hand, they highlight the need to further investments in land improvement as a factor ensuring food security for the population.

Suggested Citation

  • Man, Otilia Rica & Zugravu, Adrian, 2010. "Investments in Land Improvement. Methods of Mitigating the Climate’s Effects on the Romanian Economy," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 7(1), pages 57-66.
    • Handle: RePEc:iag:reviea:v:7:y:2010:i:1:p:57-66
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    More about this item

    Keywords

    investments; land improvement; climate; desertification; agriculture;
    All these keywords.

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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