The Relationship Between Poverty and Agricultural Growth in Countries Within Central and Eastern Europe

• 作者: Anaida Iosif
• 来源期刊: 中国经济评论:英文版
• 学科: 经济
• 关键词: added value POVERTY production LABOR force
• 年，卷（期）: 2018,（10）
• 页码范围: 508-515
• 页数: 8页
• 分类号: F

摘要

The paper aims to analyze the relationship between economic growth and increasing agricultural productivity at macroeconomic level, relationship that determines a decrease of poverty. Data sets are analyzed using econometric methods in order to test the cointegration relationships. The results of the data show that, in Romania’s case, the added value of agriculture has no significant impact on the evolution of the country’s GDP, so also the impact on raising the standard of living is marginal. To increase productivity and profitability of agriculture requires a complex approach: a financial system to support development of the sector by providing specific financial products and services, the reorganization/retechnologization of farms, encouraging young people to invest in agriculture, ownership structure of agricultural land.