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On the Competitiveness, between Inputs and Outputs. Romania’s Case in the EU

Author

Listed:
  • Drumea Cristina

    (“Transilvania” University of Brasov)

  • Spatariu Elena Cerasela

    (“Ovidius” University of Constanta, Faculty of Economic Sciences)

Abstract

This paper is observing the effectiveness of the amounts spent by the Romanian Government in supporting and promoting Romanian economy's competitiveness, through the evolution of specific indicators. While the efforts in terms of expenditures for increasing the competitiveness can be possibly measured by the afore mentioned indicators, the economy's posture is not evident thus some proxy measurements must be formulated. We then calculate the correlation between spending (in Education, R&D, Innovation) and ranking on competitiveness in the EU and even worldwide. We find that there is a weak correlation between the two terms, indicating that the funds could be better employed elsewhere.

Suggested Citation

  • Drumea Cristina & Spatariu Elena Cerasela, 2011. "On the Competitiveness, between Inputs and Outputs. Romania’s Case in the EU," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 385-390, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:385-390
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/volum2011p2.pdf
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    Cited by:

    1. Nicoleta Andreea Neacsu & Dana Boscor & Codruta Adina Baltescu & Anca Madar, 2012. "Manipulating Consumers Through Advertising," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 187-190, December.

    More about this item

    Keywords

    competitiveness indicators; Innovation; R&D;
    All these keywords.

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

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