EVALUATION OF AGRICULTURE’S ECONOMIC ROLE IN EU COUNTRIES

• Authors: Špirková Daniela , Stehlíková Beáta , Zúbková Mária , Ševela Marcel , Stiglic Dušan
• Languages of publication: EN

Abstracts

EN

In this paper we investigate the position of agriculture in the economy of EU countries. Agriculture in the EU is highly heterogeneous – we characterise the sector by using the share of agriculture workers of total employment, the share of agriculture in total GDP, and the value added in agriculture per worker. To quantify the economic importance of agriculture per country for acquired specific condition, we construct the Agricultural Index-Total (AGRIT) and Agricultural Index (AGRI). We utilize the fuzzy set theory to contribute to the correct quantification of a country gap from the aimed-for condition of agricultural position. Using cluster analysis, we identify those countries with a similar position in agriculture. We test the efficacy of EU agrarian policy with the verification of sigma and beta convergence. The Eurostat database provides data for the evaluated 2005 – 2015 period.

Keywords

EN

AGRICULTURE; CLUSTER ANALYSIS; BETA CONVERGENCE; FUZZY MEMBERSHIP FUNCTION; GDP; EU; EUROPEAN UNION

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2017
• Volume: 65
• Issue: 8
• Pages: 763 – 779

Contributors

author

Špirková Daniela

• Slovak University of Technology in Bratislava, Institute of Management, Vazovova 5, 812 43 Bratislava, Slovak Republic

author

Stehlíková Beáta

author

Zúbková Mária

author

Ševela Marcel

author

Stiglic Dušan