IDEAS home Printed from https://ideas.repec.org/a/ddj/fseeai/y2017i3p119-124.html
   My bibliography  Save this article

Coordinates of Service Industry in European Union. A Marketing Perspective

Author

Listed:
  • Cristinel CONSTANTIN

    (Transilvania University of Brasov, Romania)

Abstract

The economic convergence is one of the most important objectives of the European Union (EU). According to this objective the member states have to make efforts in order to reach the living standards of the most developed countries. This paper aimed at identifying the position of the Romanian economy among the other member states concerning the GDP per capita and the ratio of service sector in the Gross Added Value. The results reveal that there is a gap between the Romanian economy and the average of EU. This gap can be bridged by a smart and sustainable development of service industry, which is also situated below the values recorded in the developed countries. Such goals can be attained by proper strategies of service industry development that should be put in practice both by Romanian authorities and the decision makers inside the companies. All these strategies have also to consider the development of the other economic sectors because the service sector cannot sustain the economic growth only by itself.

Suggested Citation

  • Cristinel CONSTANTIN, 2017. "Coordinates of Service Industry in European Union. A Marketing Perspective," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 119-124.
    • Handle: RePEc:ddj:fseeai:y:2017:i:3:p:119-124
    as

    Download full text from publisher

    File URL: http://www.eia.feaa.ugal.ro/images/eia/2017_3/Constantin.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alessio Moro, 2012. "The Structural Transformation Between Manufacturing and Services and the Decline in the US GDP Volatility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(3), pages 402-415, July.
    2. Zeira, Joseph & Zoabi, Hosny, 2015. "Economic growth and sector dynamics," European Economic Review, Elsevier, vol. 79(C), pages 1-15.
    3. Đokić, Aleksandar & Jović, Srđan, 2017. "Evaluation of agriculture and industry effect on economic health by ANFIS approach," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 479(C), pages 396-399.
    4. Iancu, Aurel, 2007. "Economic Convergence. Applications - Second Part -," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(4), pages 24-48, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Herrendorf, Berthold & Rogerson, Richard & Valentinyi, Ákos, 2014. "Growth and Structural Transformation," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 855-941, Elsevier.
    2. Alain Desdoigts & Fernando Jaramillo, 2020. "Bounded Learning by Doing, Inequality, and Multi-Sector Growth: A Middle-Class Perspective," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 198-219, April.
    3. de Ridder, Maarten, 2016. "Investment in productivity and the long-run effect of financial crises on output," LSE Research Online Documents on Economics 86180, London School of Economics and Political Science, LSE Library.
    4. Cantore, C. & Ferroni, F. & León-Ledesma, M A., 2011. "Interpreting the Hours-Technology time-varying relationship," Working papers 351, Banque de France.
    5. Unjung Whang, 2017. "Structural Transformation and Comparative Advantage: Implications for Small Open Economies," The World Economy, Wiley Blackwell, vol. 40(4), pages 743-763, April.
    6. International Monetary Fund, 2015. "Republic of Poland: Selected Issues," IMF Staff Country Reports 2015/183, International Monetary Fund.
    7. Vasco Carvalho & Xavier Gabaix, 2013. "The Great Diversification and Its Undoing," American Economic Review, American Economic Association, vol. 103(5), pages 1697-1727, August.
    8. Wen Yao & Xiaodong Zhu, 2021. "Structural Change And Aggregate Employment Fluctuations In China," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(1), pages 65-100, February.
    9. Fabio Cerina & Alessio Moro & Michelle Rendall, 2021. "The Role Of Gender In Employment Polarization," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(4), pages 1655-1691, November.
    10. Margarida Duarte & Diego Restuccia, 2020. "Relative Prices and Sectoral Productivity," Journal of the European Economic Association, European Economic Association, vol. 18(3), pages 1400-1443.
    11. Maksimović, Goran & Jović, Srđan & Jovanović, Radomir, 2017. "Economic growth rate management by soft computing approach," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 465(C), pages 520-524.
    12. Wen Yao & Xiaodong Zhu, 2018. "Structural Change and Aggregate Employment Fluctuations in China and the US," 2018 Meeting Papers 720, Society for Economic Dynamics.
    13. Jakob Grazzini & Domenico Massaro, 2018. "Great Volatility and Great Moderation," CESifo Working Paper Series 7272, CESifo.
    14. García-Santana, Manuel & Pijoan-Mas, Josep, 2014. "The reservation laws in India and the misallocation of production factors," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 193-209.
    15. Stijepic, Denis, 2017. "On development paths minimizing the structural change costs in the three-sector framework and an application to structural policy," MPRA Paper 77023, University Library of Munich, Germany, revised 22 Feb 2017.
    16. Kim, Bae-Geun, 2023. "Technological advances in manufacturing and their effects on sectoral employment in the Korean economy," Economic Modelling, Elsevier, vol. 126(C).
    17. Halit Yanikkaya & Mehmet Halis Saka & Hasan Karaboga, 2019. "On the Geographical Determinants of Bilateral Trade: ANFIS Approach," Working Papers 2019-01, Gebze Technical University, Department of Economics.
    18. Petra Karanikić & Igor Mladenović & Svetlana Sokolov-Mladenović & Meysam Alizamir, 2017. "RETRACTED ARTICLE: Prediction of economic growth by extreme learning approach based on science and technology transfer," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(3), pages 1395-1401, May.
    19. Doupe, Patrick, 2014. "Reduced deforestation and economic growth," Working Papers 249421, Australian National University, Centre for Climate Economics & Policy.
    20. Flamini, Alessandro & Ascari, Guido & Rossi, Lorenza, 2012. "Industrial Transformation, Heterogeneity in Price Stickiness, and the Great Moderation," Dynare Working Papers 24, CEPREMAP.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ddj:fseeai:y:2017:i:3:p:119-124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.