I-SQUARED DISTANCE IN ORDER OF RANKING COUNTRIES OF CENTRAL, EASTERN AND SOUTHEASTERN EUROPE ACCORDING TO THE LEVEL OF PRODUCTIVITY IN AGRICULTURE

Agriculture is a specific sector of the economy, and it is a driving force of the economic development of a country, because it has got a significant share of the gross domestic product. According to the fact that the development of agriculture depends on a number of factors, in this paper we will examine the level of the productivity of agricultural production of the countries in three regions, Central, Eastern and Southeastern Europe, for the period 2005-2009. The level of agricultural productivity is represented by four agricultural indicators: intensity of agricultural production, labor productivity in agriculture, potato yield per hectare, corn yield per hectare. Policy development in the field of agriculture should be directed to the faster development of the less developed countries. In order to find them we used the I-squared distance. This method has ranked countries of the observed regions on the basis of the average values of mentioned indicators.