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Increasing the Performance of Agricultural Holdings in Romania - an Imperative for their Management

Author

Listed:
  • David-Nicolae CRECANĂ

    (The Bucharest University of Economic Studies)

  • Cornel-Dumitru CRECANĂ

    (The Bucharest University of Economic Studies)

Abstract

As a member state of the European Union, Romania consolidates from year to year its position in the agricultural business performance area, especially due to the increase in the share of agricultural land for organic farming. Romania's long-term development strategy necessarily involves increasing the economic performance of Romanian agriculture alongside the increase in the living standards of the rural population. This research starts from a current radiography of Romanian agriculture and aims at new ways to increase the performances of the Romanian agricultural farms in the conditions of general economic development. An adequate management of the Romanian agricultural farms is imperative, along with the effective support of the European Union offered to the Romanian agriculture. The increase in the incomes obtained from Romania's agriculture can be achieved by a new approach to the size and economic size of agricultural farms, but also by transforming them into organic farms. Sustainable development of agricultural businesses is thus a priority.

Suggested Citation

  • David-Nicolae CRECANĂ & Cornel-Dumitru CRECANĂ, 2019. "Increasing the Performance of Agricultural Holdings in Romania - an Imperative for their Management," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 20(2), pages 112-121, March.
    • Handle: RePEc:rom:rmcimn:v:20:y:2019:i:2:p:112-121
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    File URL: https://www.rmci.ase.ro/no20vol2/01.pdf
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    References listed on IDEAS

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    1. Tomich, Thomas P. & Lidder, Preetmoninder & Coley, Mariah & Gollin, Douglas & Meinzen-Dick, Ruth & Webb, Patrick & Carberry, Peter, 2019. "Food and agricultural innovation pathways for prosperity," Agricultural Systems, Elsevier, vol. 172(C), pages 1-15.
    2. de Ponti, Tomek & Rijk, Bert & van Ittersum, Martin K., 2012. "The crop yield gap between organic and conventional agriculture," Agricultural Systems, Elsevier, vol. 108(C), pages 1-9.
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    Cited by:

    1. Nicoleta Valentina Florea & Mircea Constantin Duică & Constantin Aurelian Ionescu & Anișoara Duică & Mihaela Cristina Onica Ibinceanu & Sorina Geanina Stanescu, 2021. "An Analysis of the Influencing Factors of the Romanian Agricultural Output within the Context of Green Economy," Sustainability, MDPI, vol. 13(17), pages 1-17, August.

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    More about this item

    Keywords

    land use; holding dimension; economic size; organic farming; sustainable development; financial sustainability.;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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