Analysis of the Determinants of Agriculture Performance at the European Union Level

Abstract

In the context of the increase in energy prices and, as a consequence, on other inputs on the global and European market, the study aims to analyze the performance of the European Union’s agriculture through the lens of the correlations and links that are established between different determinants/factors and which provide a much clearer picture of the agricultural sector than the analysis of the result/output and its contribution to GDP. The working methodology consisted in the comparative analysis of the statistical data related to the Member States and the aggregated general data for the EU 27 using the EUROSTAT data by processing them in order to achieve the proposed goal. The results indicate a high level of performance for a number of states that are not considered very important in this area and, in contrast, a lower level of performance for a number of states considered at the top of the pyramid in terms of performance. The derived indicators used and calculated within the research can represent basic elements in the fundamental analysis of the agricultural activity performance of a country and the European Union as a whole.