CHALLENGES OF AGRICULTURAL COMPANIES FROM THE PERSPECTIVE OF LABOUR PRODUCTIVITY AND FUNDING ACCES

• Main Author: Daniela Livia TRASCA
• Format: Article
• Language: English
• Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2015-04-01
• Series: Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
• Subjects: agricultural machinery; companies; labour productivity; production value
• Online Access: http://managementjournal.usamv.ro/pdf/vol.XV_1/Art80.pdf
• ISSN: 2284-7995; 2285-3952

The development of agriculture was a priority for the member states of the European Union since its foundation, the Common Agricultural Policy being one of the most ancient politics at the European level. Agriculture is a sector which has a special economic and social importance for Romania. The paper aimed to identify the challenges of the agricultural companies from the perspective of labour productivity and funding access. In this respect, a series of economic indicators as the contribution of agriculture to GDP, the value of agricultural production, the evolution of reference interest rate, the evolution of credits for agriculture, were studied. the conclusion was that in order to improve labour productivity, it is needed a higher qualification of the occupied population in agriculture and the significant improvement of technological endowment of this sector and, from the point of view of funding access, it is necessary the continuous support of the companies which carry out their activity in agriculture, but not only by the diminution of difference interest rate.