Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 15 ISSUE 3
Written by Zbigniew GOLAS
The main aim of the study was to analyse changes in work profitability in the agricultural sectors in Romania and Bulgaria. The study used the Economic Accounts for Agriculture, which enabled analysis of the economic situation in agriculture according to uniform standards. The study was based on a system of work profitability indexes and factor analysis. The research proved that during the post-accession period (2007-2014) on average work profitability in agriculture increased in real terms by 8.41% per annum in Romania and by 17.1% per annum in Bulgaria. As results from the factor analysis, between 2007 and 2014 favourable changes in work profitability in the agricultural sector in Romania were chiefly caused by greater productivity and reduced remuneration costs. On the other hand, increased productivity and subsidies to production were the main causes of favourable changes in work profitability in the agricultural sector in Bulgaria.
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