Determination of the economic viability level of agricultural holdings based on socio-economic parameters

Abstract

The aim of the present paper is to describe, through the creation of a specific model, the way in which the socio-economic parameters affect the formulation of the viability level of holdings. Six socio-economic parameters were used to construct the model, which also constitute the criteria for the inclusion of farmers in the funding programme. Categorical Regression is the applied methodology. According to the results, there is a significant multiple correlation between the level of economic viability and the socio-economic criteria. The conclusions of the research will assist in the formulation of proposals and agricultural policy measures for the improvement of the agricultural holdings viability level, according to the effect of the socio-economic parameters.