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The cultural, social and economic evolution in Romania during 2004-2007


  • TUDOR Eugeniu

    () (The Bucharest Academy of Economic Studies, Romania)

  • MUNTEANU Sebastian MAdAlin

    () (The Bucharest Academy of Economic Studies, Romania)


The scope of this article is to present how the Romania’s counties evolved, relying on certain main indicators meant to find the level of cultural, social and economic development for the period 2004-2007. As three aspects considered as “hidden” factors are to be analyzed by several descriptor variables conducting to a large initial space, we shall proceed to compressing of information by using the technique of dimensionality reduction followed by a differentiation among the Romanian territorial-administrative units on grounds of the new found variables. The formation set comprises information related to a number of 20 variables registered at the level of Romania’s counties for the period 2004-2007.

Suggested Citation

  • TUDOR Eugeniu & MUNTEANU Sebastian MAdAlin, 2009. "The cultural, social and economic evolution in Romania during 2004-2007," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(2 Special), pages 241-245, July.
  • Handle: RePEc:rom:econmn:v:12:y:2009:i:2special:p:241-245

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    principal component analyses; classifier; training set; discriminant variable;

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics


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