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Factors That Promote Export Convergence: A Spatial Analysis In Romania

Author

Listed:
  • Gheorghe Zaman

    (Ecological University of Bucharest & Institute of National Economy)

  • Zizi Goschin

    (Bucharest University of Economic Studies)

Abstract

This paper combines two topics of high interest for regional development in Romania - international trade and real convergence – in an attempt to better understand their recent trends. Aiming to use the most appropriate and up to date instruments for our analysis, we tested the conditional beta convergence model both in its classic regression specification and in the spatial regression framework that allowed us to address properly the territorial dimension of the phenomenon by accounting for spatial autocorrelation in exports. Although the hypothesis of sigma convergence in export flows does not hold, we found a significant process of conditional beta convergence among the Romanian counties, for various model specifications and time intervals. Our results confirm that the prerequisites for real convergence in Romanian exports are already met and sigma convergence might appear in the future.

Suggested Citation

  • Gheorghe Zaman & Zizi Goschin, 2017. "Factors That Promote Export Convergence: A Spatial Analysis In Romania," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 11(1), pages 1-17, June.
  • Handle: RePEc:rrs:journl:v:11:y:2017:i:1:p:1-17
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    References listed on IDEAS

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    Cited by:

    1. Zizi GOSCHIN, 2017. "Exploring regional economic convergence in Romania. A spatial modeling approach," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 8, pages 127-146, December.

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    More about this item

    Keywords

    export; sigma and beta convergence; economic crisis; spatial model; county; Romania;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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