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Regional Economic Competitiveness. The Case of Romania

Author

Listed:
  • Elena Pelinescu

    (Institute of Economic Forecasting)

  • Marioara Iordan

    (Institute of Economic Forecasting)

  • Nona Chilian

    (Institute of Economic Forecasting)

  • Mihaela Simionescu

    (Institute of Economic Forecasting)

Abstract

The paper approaches the issue of regional competitiveness in Romania, focusing on simple tools for analysis, namely the shift-share analysis (introduced by Dunn in 1960) and specific competitiveness indicators: RCA, RCA1 and RCA2. As documented in the literature, the level of such indicators and the changes that occur in their levels are key factors for an analysis of economic and social performance at regional and sub-regional levels (D’Elia, 2005; Chilian, 2012; Iordan et al., 2014; Pelinescu et.al.., 2015). The classical form of shift-share analysis chosen by the authors envisages to “divide†the dynamics of a certain growth factor in a certain region into three components: national, sectoral and regional. Given such issues, by using the sectoral shift-share analysis of exports completed by the indices-based competitiveness analysis in the paper will be identified the regions of Romania which reveal dynamics of their economic structures conducing to high levels of external competitiveness (and, thus, to a higher degree of integration into the European Single Market), and to sustainable specializations, adequate to the requirements of building a modern economy, with high flexibility and high technological level.

Suggested Citation

  • Elena Pelinescu & Marioara Iordan & Nona Chilian & Mihaela Simionescu, 2017. "Regional Economic Competitiveness. The Case of Romania," Working papers Globalization - Economic, Social and Moral Implications, April 2017 13, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:wpaper:13
    DOI: 10.5281/zenodo.581778
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    References listed on IDEAS

    as
    1. Ricardo Hausmann & Bailey Klinger, 2007. "The Structure of the Product Space and the Evolution of Comparative Advantage," Growth Lab Working Papers 10, Harvard's Growth Lab.
    2. Karl Aiginger & Matthias Firgo, 2015. "Regional Competitiveness Under New Perspectives. WWWforEurope Policy Paper No. 26," WIFO Studies, WIFO, number 58501.
    3. Orsetta Causa & Daniel Cohen, 2004. "Overcoming Barriers to Competitiveness," OECD Development Centre Working Papers 239, OECD Publishing.
    4. Ron Boschma, 2014. "Constructing Regional Advantage and Smart Specialisation: Comparison of Two European Policy Concepts," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(1), pages 51-68.
    5. Philip McCann & Raquel Ortega-Argilés, 2013. "Modern regional innovation policy," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 6(2), pages 187-216.
    6. Chilian, Mihaela Nona, 2012. "Evolution of Regional and Sub-Regional Disparities in Romania – A Sectoral Shift-Share Analysis," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 187-204, March.
    7. Sergey Kadochnikov & Anna Fedyunina, 2013. "Export diversification in the product space and regional growth: Evidence from Russia," Papers in Evolutionary Economic Geography (PEEG) 1327, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2013.
    8. Mihaela-Nona Chilian, 2012. "Competitiveness Factors at National and Regional Level. A Panel Analysis for Romania," ERSA conference papers ersa12p110, European Regional Science Association.
    9. Elena Pelinescu & Marioara Iordan & Mihaela-Nona Chilian, 2012. "Competitiveness Of The Romanian Economy From European Perspective," New Trends in Modelling and Economic Forecast (MEF 2011), ROMANIAN ACADEMY – INSTITUTE FOR ECONOMIC FORECASTING;"Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences, vol. 1(1), pages 86-104, January.
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    More about this item

    Keywords

    regional competitiveness; Romanian regions and counties; comparative advantage / disadvantage indices; shift-share analysis;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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