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Tendencies of the Gross Domestic Product at the level of the South-Western developing Region Oltenia

Author

Listed:
  • Ilie Murarita

    (University of Craiova, Faculty of Economics and Business Administration, Romania)

  • Florin Cristian Ciurlau

    (University Titu Maiorescu,Faculty of Economic Sciences, Târgu-Jiu, Romania)

Abstract

The gross domestic product, the main evaluation index of the economic growth of a country is used in the analysis of the South Western Developing Region Oltenia, in the retrospective period 2000-2005. One can notice from these data that the South-Western Region was on the last place in the classification of the eight developing regions of the countries. At the same time the authors point out, according to the historical data, the evolution tendency of the GDP in the period 2006-2010. Unfortunately, these prognosis do not bring any significant changes for the region Oltenia in the classification of the regions, because this still remains on a last position.

Suggested Citation

  • Ilie Murarita & Florin Cristian Ciurlau, 2008. "Tendencies of the Gross Domestic Product at the level of the South-Western developing Region Oltenia," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(11), pages 153-162, November.
    • Handle: RePEc:aio:rteyej:v:1:y:2008:i:11:p:153-162
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    More about this item

    Keywords

    gross domestic product; prognosis; regional development;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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