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Considerations Regarding the Importance of the Service Sector in the National Economy. A Romanian Case Study

Author

Listed:
  • Herman Emilia

    (“Petru Maior” University of Tg. Mures)

  • Pop-Florea Mioara

    (Technical University of Cluj-Napoca)

Abstract

The economic literature and practices show that an efficient service sector, with a high level of quality, is a decisive factor of the sustainable economic development and competitiveness of modern economies. In this paper we would like to highlight, through a statistical-economic analysis, the importance of the service sector in the process of economic growth and job creation, compared with other sectors of Romanian economy in the period 1990- 2008. For Romania, the existence of a constant concern for efficiency and services quality is imperative both at the national and regional level in order to accede to the status of a country with a developed economy, a knowledge-based economy.

Suggested Citation

  • Herman Emilia & Pop-Florea Mioara, 2010. "Considerations Regarding the Importance of the Service Sector in the National Economy. A Romanian Case Study," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 656-662, May.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:656-622
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    More about this item

    Keywords

    service sector; services quality;

    JEL classification:

    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • P44 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - National Income, Product, and Expenditure; Money; Inflation

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