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Analysis Of Economic Growth And Income Inequality In Romania In The Period 1990-2019

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  • Bianca VEZENTAN

    (Doctoral School of Economic Sciences - University of Oradea, Oradea, Romania)

Abstract

The paper aims to analyze the relationship between economic growth and income inequality in Romania in the period 1990-2019. The “Gross Domestic Product†(GDP) per capita indicator from the World Bank database was used to show the evolution of economic growth, and the GINI Coefficient was extracted from the Standardized World Income Inequality database to analyze income inequality. Romania's macroeconomic result (GDP per capita) registered a continuous growth trend in the period 1990-2019. The Gini coefficient has followed the same dynamics. At first sight, this fact highlights that the phenomenon of economic growth has widened the gap between the rich and the poor in Romania in the examined period.

Suggested Citation

  • Bianca VEZENTAN, 2021. "Analysis Of Economic Growth And Income Inequality In Romania In The Period 1990-2019," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 30(2), pages 155-165, December.
    • Handle: RePEc:ora:journl:v:30:y:2021:i:2:p:155-165
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    File URL: http://anale.steconomiceuoradea.ro/volume/2021/n2/017.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    economic growth; income inequality; GDP per capita; Gini coefficient;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

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