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Disparities in Regional Economic Development in Romania

Author

Listed:
  • Oțil Maria Daniela
  • Miculescu Andra

    (Faculty of Economics and Business Administration, West University of Timișoara, Timișoara, Romania)

  • Cismaș Laura Mariana

    (Faculty of Economics and Business Administration, West University of Timișoara, Timișoara, Romania;)

Abstract

The issue of economic disparities within the European Union economies is not new, it is actually a topical issue. Unfortunately, the EU enlargement has determined an even stronger deepening of the regional disparities, because in the absence of adequate regional development policies, the financial instruments have proved to be ineffective. Recent studies show that the economic crisis has increased regional disparities in the European Union countries, influencing the most important regions, especially the economically less advanced ones, the significant regional differences being identified at the NUTS 3 level. Based on these issues, the present paper tries to answer the following questions: 1. How extended are the regional disparities in Romania and how did they evolve over the period 1998-2012? 2. How did the economic crisis influence disparities? Which territorial units were more affected?

Suggested Citation

  • Oțil Maria Daniela & Miculescu Andra & Cismaș Laura Mariana, 2015. "Disparities in Regional Economic Development in Romania," Scientific Annals of Economics and Business, Sciendo, vol. 62(s1), pages 37-51, October.
    • Handle: RePEc:vrs:aicuec:v:62:y:2015:i:s1:p:37-51:n:5
    DOI: 10.1515/aicue-2015-0035
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    References listed on IDEAS

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    1. Robert M. Solow, 1994. "Perspectives on Growth Theory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 45-54, Winter.
    2. Zaman Gheorghe & Georgescu George, 2009. "The Impact Of Global Crisis On Romania'S Economic Development," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(11), pages 1-1.
    3. Bernard Fingleton, 2003. "Externalities, Economic Geography, And Spatial Econometrics: Conceptual And Modeling Developments," International Regional Science Review, , vol. 26(2), pages 197-207, April.
    4. repec:rrs:journl:v:6:y:2012:i:3:p:41-52 is not listed on IDEAS
    5. Gheorghe ZAMAN & Zizi Goschin & Valentina Vasile, 2013. "Evolutia Dezechilibrelor Teritoriale Din România În Contextul Crizei Economice," Romanian Journal of Economics, Institute of National Economy, vol. 37(2(46)), pages 20-39, December.
    6. Zizi Goschin & Daniela L. Constantin & Monica Roman & Bogdan Ileanu, 2009. "Regional Specialisation and Geographic Concentration of Industries in Romania," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 7(1), pages 99-113.
    7. Dorel Ailenei & Amalia Cristescu, 2012. "Regional Patterns Of Global Economic Crisis Shocks Propagation Into Romanian Economy," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 6(1), pages 41-52, JUNE.
    8. Zizi Goschin & Daniela-L. Constantin & Monica Roman & Bogdan Ileanu, 2008. "The current state and dynamics of regional disparities in Romania," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 2(2), pages 80-105, December.
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    Cited by:

    1. Cismas Laura Mariana & Miculescu Andra & Otil Maria, 2017. "Human Capital and Its Influence on Sustained Economic Growth in Romania," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 35-55.

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