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Improve The Productivity Potential Of Cities In Romania

Author

Listed:
  • PICIU, Gabriela

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

The present article investigates the fact that as Romania's economy changes, its center of gravity moves from agriculture to industry or industry to higher added-value services, the role of urban areas in facilitating productivity growth and higher gains through exploiting agglomeration potential becoming more and more important. Cities have positive spillover effects only by absorbing economic migrants, increasing productivity and improving the results of human development. This is happening to a large extent in Romania, but much of this migration also comes from the local basin - that is, the deficient parts of the regions lagging. A solution to improve the productivity potential of Romanian cities is to encourage the development of the private sector by developing related infrastructure or by promoting healthy markets and landscapes that create conditions for population migration to cities.

Suggested Citation

  • PICIU, Gabriela, 2018. "Improve The Productivity Potential Of Cities In Romania," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 249-255, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:249-255
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    References listed on IDEAS

    as
    1. Bastos,Fabiano & Nasir, John, 2004. "Productivity and the investment climate : what matters most?," Policy Research Working Paper Series 3335, The World Bank.
    2. Simon Commander & Jan Svejnar, 2011. "Business Environment, Exports, Ownership, and Firm Performance," The Review of Economics and Statistics, MIT Press, vol. 93(1), pages 309-337, February.
    3. Klapper, Leora & Laeven, Luc & Rajan, Raghuram, 2006. "Entry regulation as a barrier to entrepreneurship," Journal of Financial Economics, Elsevier, vol. 82(3), pages 591-629, December.
    4. Ron Boschma, 2004. "Competitiveness of Regions from an Evolutionary Perspective," Regional Studies, Taylor & Francis Journals, vol. 38(9), pages 1001-1014.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    productivity; city; migration; private sector; infrastructure;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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