RANKING EUROPEAN COP FARMS IN TERMS OF FINANCIAL VIABILITY THROUGH A PCA-TOPSIS APPROACH

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 17 ISSUE 2
Written by Elena TOMA

The aim of this paper is to assess the evolution of European farms from COP sector (in 2009 and 2013) in terms of financial viability. In our research approach, we applied a combination between the non-parametric method PCA, the multi-criteria decision analysis method TOPSIS and k-means cluster analysis. Our database comprised eight ratios, calculated based on FADN data from 94 regions specialised in COP production (23 countries). The results revealed the disparities created between farms during the 2009-2013 period due to different agricultural political conditions and to different recovery from financial crisis.

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TOMA E. 2017, RANKING EUROPEAN COP FARMS IN TERMS OF FINANCIAL VIABILITY THROUGH A PCA-TOPSIS APPROACH. Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 17 ISSUE 2, PRINT ISSN 2284-7995, 381-386.


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Copyright 2012. To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“
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