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Current Factors for Launching Regional Competitiveness: An Econometric Approach

Author

Listed:
  • Laura Mariana CISMAª

    (West University of Timisoara, Romania)

  • Ana Maria TALMACIU (BANU)

    (West University of Timisoara, Romania)

Abstract

This article examines regional competitiveness of Romania in terms of employment rate, influenced by the regional spending in research and development and innovation and by the employed population in high tech research and development. The employment rate is one of the determining indicator in the nationally and regionally competitiveness analysis. From this points of view, we formulate the hypothesis: the employment rate increases, depending on the size of expenditure in research and development and on the rate of people employed in R & D and innovation. Using an econometric model we demonstrate that there is a high correlation between them, and under these results, new fresh direction of improvement can be taken.

Suggested Citation

  • Laura Mariana CISMAª & Ana Maria TALMACIU (BANU), 2017. "Current Factors for Launching Regional Competitiveness: An Econometric Approach," North Economic Review, Technical University of Cluj Napoca, Department of Economics and Physics, vol. 1(1), pages 186-191, October.
    • Handle: RePEc:clj:noecrw:v:1:y:2017:i:1:p:186-191
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    References listed on IDEAS

    as
    1. Labas Istvan & Darabos Eva & Nagy Tunde Orsolya, 2016. "Competitiveness - higher education," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 26(1), pages 11-25, March.
    2. Liana SON & Graţiela Georgiana NOJA, 2013. "The role of the human capital and investment in human capital within the sustainable socio-economic development. How labour force migration affects competitiveness?," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(10(587)), pages 111-126, October.
    3. Mincer, Jacob, 1970. "The Distribution of Labor Incomes: A Survey with Special Reference to the Human Capital Approach," Journal of Economic Literature, American Economic Association, vol. 8(1), pages 1-26, March.
    4. repec:agr:journl:v:10(587):y:2013:i:10(587):p:111-126 is not listed on IDEAS
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    More about this item

    Keywords

    regional competitiveness; employment rate; model;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications

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