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A Multifactorial Statistical Model for Development Regions Hierarchy in Romania

Author

Listed:
  • Tiberiu Cristian Avrămescu

    (University of Piteşti, Romania)

Abstract

Hierarchy of administrative units using an index of development is particularly important in measuring of economic disparities between the Romanian regions. Knowing regional dispartities, we can determine accurately regional development policy priorities and provide supports for regional development strategies achievement. To achieve this hierarchy, we used a set of six indicators relevant to express the development level of a region and we realized the hierarchy using two methods: ranks method and relative distances method.

Suggested Citation

  • Tiberiu Cristian Avrămescu, 2012. "A Multifactorial Statistical Model for Development Regions Hierarchy in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(2), pages 39-46.
    • Handle: RePEc:pet:annals:v:12:y:2012:i:2:p:39-46
    as

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    File URL: http://www.upet.ro/annals/economics/pdf/2012/part2/Avramescu.pdf
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    References listed on IDEAS

    as
    1. Simona Biriescu & Antoaneta Butuza, 2011. "Regional Development - Past, Present and Future in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(1), pages 17-32.
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    More about this item

    Keywords

    regional development; regional disparities; regional policy; development index;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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