The impact of public funding on the development of Romanian agriculture after EU integration

 Authors: Andrei – Cristian Matei, Mihaela Onofrei, Ioana Gavriluta, Domnita Gritco, Lenuța Cojocariu
 Vol. 6 • No. 10 • May 2021

Abstract

The purpose of this research is to analyse the impact of public funding on the agricultural sector in Romania. The study highlights public institutions and their role in financing Romanian agriculture and shows the results obtained by analysing the effects of public funding on the agriculture sector, as very important for economy. In this sense, we present the functionality and the role of two important public institutions at national level, APIA and AFIR. The research methodology is based on qualitative methods using the inductive and deductive approach. The main conclusion of the study shows that public funding leads to an increase in the number of new farmers and an increase in agricultural entrepreneurial revenue. In the end, the research results can provide important guides in substantiating the financing of the needs of the agricultural sector for public decision makers, as well as its importance for the economy.

Keywords: Public funding, public institutions, farmers, agricultural investments.

JEL Classification: H32, E60, O13, Q14.

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