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When Competitiveness in the Agriculture Sector Becomes Mandatory. Romania Case Study

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  • Cristiana Ioana Șerbănel

    (Bucharest University of Economic Studies)

Abstract

The current commercial flow of Romanian agricultural products proves the requirement of a new paradigm in making efficient use of land resources. This article aims to assess Romanian agrifood commodities' volume on the world trade market for the latest available period. How good is doing Romania in terms volumes and values of trade, compared to other countries for the agri-food sector? How competitive is Romania in a sector where the country can be the second-largest producer in Central and Eastern Europe? The findings confirm that Romanian mostly export lowvalue-added products such as wheat, maize, sunflower seed, cigarettes, rapeseed, barley. Considering volumes, Romania ranks far behind its potential both at the European and global level. The results prove that new measures focused on stimulating the sector's competitiveness are mandatory.

Suggested Citation

  • Cristiana Ioana Șerbănel, 2020. "When Competitiveness in the Agriculture Sector Becomes Mandatory. Romania Case Study," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 536-542, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:536-542
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    competitiveness; agriculture sector; productivity; Romania;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

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