THE ECONOMIC FARM SIZE AND SUSTAINABLE VALUE DISPARITIES BETWEEN ROMANIA AND THE EU STATES

Abstract

Romania is one of the EU countries with significant agricultural potential. The economic and social changes occurring after 1990 has profoundly affected the agriculture in Romania. The excessive land fragmentation due to land restitution to the former owners and their heirs, as well as the subsequent developments have led to a large number of small-sized agricultural holdings and a small number of large agricultural holdings, in terms of size and economy. The sustainability performance must be assessed from the economic, social and environmental points of view. The paper aims to assess the sustainable performance of the agricultural holdings in Romania on economic size classes, to highlight the directions for enhancing the performance by reorganizing the agricultural structures. For achieving this purpose, we used the Sustainable Value-based approach. The results of comparison between Romania and other EU countries highlight the importance of medium-sized farms, which achieve the best performance expressed by the Sustainable Value.

Keywords

• farm size
• sustainable value
• sustainable performance
• agricultural structures