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Agrico-Industrial Sector Development Modeling Under Uncertainty And Risc

Author

Listed:
  • Elvira NAVAL

    (INCE)

  • Natalia MOCANU

Abstract

Macroeconomic modelling of the agro-industrial sector proposed in [1] is done. For this purposes production function dependent of three production factors: capital, land and labour was estimate. Fourteen more perspective branches were selected for examination, Gross Domestic Product values and volume values for examined sector and branches, supposed to stochastic shocks, were calculated.

Suggested Citation

  • Elvira NAVAL & Natalia MOCANU, 2013. "Agrico-Industrial Sector Development Modeling Under Uncertainty And Risc," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 3, pages 81-88.
    • Handle: RePEc:nos:ycriat:57
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    File URL: ftp://ince.md/Economie%20si%20Sociologie%20nr_3-2013/12.%20elvira%20naval.%20natalia%20mocanu/12.elvira%20naval.%20natalia%20mocanu.pdf
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    More about this item

    Keywords

    mathematical modelling; agro-industrial sector; production function in agriculture; random shocks.;
    All these keywords.

    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q19 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Other

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