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Expenditure Impact Of Research- Development In Romanian Economy

Author

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  • Delia, TESELIOS

    (“Constantin Brâncoveanu” University of Pitesti, Romania)

Abstract

In a highly competitive world, expenditure on research - development must be viewed with greater attention. Their impact on the future development of the Romanian economy is essential. Regression between expenditure ratio of research - development in GDP and unemployment rates calculated in this paper demonstrates that an increase in spending on research - development leads to a reduction in unemployment in the Romanian economy.

Suggested Citation

  • Delia, TESELIOS, 2015. "Expenditure Impact Of Research- Development In Romanian Economy," Management Strategies Journal, Constantin Brancoveanu University, vol. 28(2), pages 70-78.
    • Handle: RePEc:brc:journl:v:28:y:2015:i:2:p:70-78
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    More about this item

    Keywords

    expenditure on research - development; GDP; unemployment; innovation; investment;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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