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Dezvoltarea economica endogena la nivel regional. Cazul Romaniei
[Endogenous economic development at regional level. The case of Romania]

Author

Listed:
  • Zaman, Gheorghe
  • Georgescu, George
  • Goschin, Zizi
  • Antonescu, Daniela
  • Popa, Florina

Abstract

Under the current global economic circumstances, characterized by growing uncertainties and the endurance of financial crisis effects, the approach of endogenous factors that contribute to the economic growth and welfare improvement is of major interest for academics and decision makers. The endogenous forces of development have a significant impact at both national and regional levels under the impact of recovery measures and actions related to different areas of economic policy. This book focuses on the complex dialectics between endogenous and exogenous components of local economic development, highlighting the main factors behind endogenous processes and emphasizing the particular importance of activating the regional endogenous potential in the case of Romania. The authors’ work is based on the interpretation of the main theories on endogenous development at national and regional level, completed by a multifaceted analysis based on statistical methods and econometric techniques for assessing competitive and comparative advantages to support economic growth and social development. The study has highlighted the need of a policy mix that would support the development of areas with a relatively lower development level, under the circumstances of a polycentric regional development. An optimal combination between top-down and bottom-up interventions may prove to be the most successful, offering an effective compatibility of decentralization with the coordination and monitoring requirements, supporting the smart specialization at regional level, that could create spillover effects at national level. The authors have pointed out the strategic orientations of regional growth for 2014-2020 resulting from Romania’s Territorial Agenda and the Regional Operational Programme, revealing the most important challenges in relation to endogenous development factors and the perspectives of regional convergence at EU level.

Suggested Citation

  • Zaman, Gheorghe & Georgescu, George & Goschin, Zizi & Antonescu, Daniela & Popa, Florina, 2015. "Dezvoltarea economica endogena la nivel regional. Cazul Romaniei [Endogenous economic development at regional level. The case of Romania]," MPRA Paper 70646, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:70646
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    References listed on IDEAS

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    Cited by:

    1. Camelia Mădălina BELDIMAN, 2022. "A Parallel on the Results of Cohesion Policy in Stimulating the Regional Economic Growth in EU," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 61-66.
    2. Zaman, Gheorghe & Antonescu, Daniela, 2015. "Endogenous regional growth and foreign trade, in Romania," MPRA Paper 64678, University Library of Munich, Germany.
    3. Daniela Antonescu, 2015. "Theoretical Approaches Of Endogenosu Regional Development," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 75-82, December.
    4. Diana-Manuela LINA, 2019. "The Role Of Universities In Regional Innovation Systems. One-Step Further In Assuming The Third Mission?," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6, pages 288-310.
    5. Nicolae CONCIOIU, 2023. "Considerations On The Strategic Approach To Sustainable Rural Development," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 162-169, May.
    6. Babucea Ana-Gabriela, 2017. "Territorial Disparities Regarding The Distribution Of Health Service Providers In Romania After Joining The European Union Study Case: Medical Staff With Tertiary Level Of Education," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 14-28, February.
    7. Lucian LUCA, 2015. "Spatial Dimension Of Pig And Poultry Subsectors Development In Romania," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 12(2), pages 205-213.
    8. Iordan Marioara & Ghizdeanu Ion & Braica Alexandra Patricia, 2021. "Territorial Cohesion and the Pandemic in Romania," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 31(4), pages 54-69, December.
    9. Daniela Antonescu, 2020. "Trends of Convergence at Regional Level in European Union (EU-28)," Book chapters-LUMEN Proceedings, in: Marcin Waldemar STANIEWSKI & Valentina VASILE & Adriana Grigorescu (ed.), International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), edition 1, volume 14, chapter 35, pages 483-497, Editura Lumen.
    10. Alexandru MANOLE & Constantin ANGHELACHE & Ihab Jweida SJ JWEIDA & Georgiana NITA & Andreea Ioana MARINESCU, 2016. "Regression model used to analyse the correlation between GDP and export activities," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(10), pages 89-92, October.

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    More about this item

    Keywords

    regional economics; endogenous development; global crisis; economic resilience; endogenous factors; regional convergence;
    All these keywords.

    JEL classification:

    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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