Agriculture’s Contribution to the Growth of Romanian Bioeconomy: A Regional Approach

ABSTRACT

Research has highlighted agriculture’s contribution to the Romanian bioeconomy growth at the level of each territorial administrative region (NUTS 2). This paper analyzes the relevant socio-economic indicators of the bioeconomy in Romania’s regions. We use Eurostat and the National Institute of Statistics from Romania (NIS) database for selected indicators. Cluster analysis using the SPSS software was chosen as a research method. Results revealed disparities between development regions. The article concludes that regional policies and investments from government and private firms have an essential role in developing agriculture and the bioeconomy.

KEYWORDS:

• Romanian bioeconomy
• agriculture
• regional development
• socio-economic indicators
• cluster analysis

JEL CLASSIFICATION:

• N54
• Q57
• R11

Acknowledgments

The authors would like to thank the reviewers for their thoughtful comments and efforts to improve the paper and reconsider the final research.

Disclosure Statement

No potential conflict of interest was reported by the author(s).