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Urban Geographical Economics and per Capita GDP Growth in Romania

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  • Jesús López-Rodríguez
  • Cosmin Bolea-Gabriel

Abstract

This paper analyses the growth dynamics in the Romanian economic over the period 1995-2008 and the link between them and the economic geography of the country in light of the transition process started in the early nineties. The analysis of the growth dynamics is carried out at different geographical scales and using different time spans. The analysis of the growth dynamics is followed by an econometric exercise which first tries to check for the (non)existence of convergence and then we have studied to which extend the economic geography of the country is a key ingredient in the observed growth dynamics. The results of our analysis point out that regardless of the period of study under consideration a catching-up process across Romanian counties is not taken place. Rather a divergence process is pretty much at work. Our second important conclusion is that the economic geography of the country is shaping the growth dynamics observed over the course of the years in Romania.

Suggested Citation

  • Jesús López-Rodríguez & Cosmin Bolea-Gabriel, 2012. "Urban Geographical Economics and per Capita GDP Growth in Romania," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 109-134.
    • Handle: RePEc:ers:journl:v:xv:y:2012:i:3:p:109-134
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    References listed on IDEAS

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    More about this item

    Keywords

    Convergence; Regional Disparities; Growth Dynamics; Divergence; Economic Geography; Romania;
    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
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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