Regional competitiveness, understood as the ability of regions to promote, attract and sustain the economic activity, so that their population can reach and maintain a high living standard, is the object of the present analytical approach. The results of the study reveled that the economy of the...

The objective of this analysis is to investigate the capacity of agriculture to actively contribute to reducing vulnerabilities and the degree of exposure of Romania's economy to shocks caused by major economic crises. The role of agriculture, as economic and social resilience factor, is...

During the transition towards a market economy in Romania most enterprises established at the time of industrialization and urbanization project of the communist period reduced or stopped their activity and many employees lost their jobs. A reverse migration from urban to rural areas took place,...

Since the seminal work of Adam Smith, markets have been considered an efficient tool for co-ordinating the behaviour of economic agents. The basic characteristic of a market economy is that the complex system of interaction among individuals is not centrally coordinated. Under the assumption of...

Since the late 1980s, agriculture in Central and Eastern European Countries (CEECs) has been under considerable adjustment pressure due to changing political, economic and institutional environments. These changes have been linked to the transition process, as well as the ongoing integration...

This study tackles the decomposition of efficiency with respect to agricultural production in transition economies by using a case study on small scale maize farmers in Romania. The underlying modelling assumption is that farmers in transition countries still face heavily distorted price...

This research aims at shedding empirical light on the relative efficiency of small-scale maize producers in Romania. Farmers in transition countries still face heavily distorted price systems resulting from imperfect market conditions and socioeconomic and institutional constraints. To capture...