AGRICO-INDUSTRIAL SECTOR DEVELOPMENT MODELING UNDER UNCERTAINTY AND RISC

Macroeconomic modelling of the agro-industrial sector proposed in [1] is done. For this purposes production function dependent of three production factors: capital, land and labour was estimate. Fourteen more perspective branches were selected for examination, Gross Domestic Product values and volume values for examined sector and branches, supposed to stochastic shocks, were calculated.

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Year of publication:	2013
Authors:	NAVAL, Elvira ; MOCANU, Natalia
Published in:	ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal. - (Socionet). - 2013, 3, p. 81-88
Publisher:	(Socionet) (EDIRIC) (REPEC) Institutul National de Cercetari Economice
Subject:	mathematical modelling \| agro-industrial sector \| production function in agriculture \| random shocks

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Type of publication:	Article
Classification:	C6 - Mathematical Methods and Programming ; Q1 - Agriculture ; Q15 - Land Ownership and Tenure; Land Reform; Land Use; Irrigation ; Q19 - Agriculture. Other
Source:	RePEc - Research Papers in Economics

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