THE IMPACT OF ECONOMIC CHANGES ON PUBLIC PROPERTY IN ROMANIAN AGRICULTURE

CIOTEC Alexandra Cristina, The Bucharest University of Economic Studies

Abstract:
This article aims to highlight the economic role of private property in Romanian agriculture. The transfer of land from public property to private property was carried out in Romania at the beginning of 1991, which resulted in major changes in the agricultural structure of the country. The establishment of the property right was achieved by issuing a property title within a minimum area of 0.5 ha for each entitled person and a maximum of 10 ha of family in arable equivalent. This was the main reason behind the problematic situation, unfortunately still valid, of Romania's agriculture. Territory parceling has prevented productivity growth and encouraged the subsistence economy and its own consumption, although Romania is one of the ten EU Member States in terms of size of agricultural area.

Keywords: economic, public property, agriculture, Romania

JEL Classification: Q15

Volume: 70, Issue: 4

Pages: 8 - 19

Publication date: September, 2018

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/70401ciotec.pdf

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