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Identifying Regional Economic Disparities and Convergence in Romania

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  • Daniela ANTONESCU

    () (National Economy Institute - Romanian Academy, Bucharest, Romania)

Abstract

Regional convergence is a key objective of cohesion and balanced development at regional level. The existences of regional imbalances do nothing only delay the achievement this objective, requiring the emergence of viable and appropriate measures of the new European context. This article aims to use the appropriate models based on dispersion method (variance) to identify the dynamics and amplitude differences in the level of regional development in European Union and Romania. The results of this research indicate first that the disparities between development regions in Romania have growth more rapidly in recent years, but the EU integration may have enhanced per-capita income convergence processes. These findings may be able to find new tools to reduce income inequalities in next programming period.

Suggested Citation

  • Daniela ANTONESCU, 2012. "Identifying Regional Economic Disparities and Convergence in Romania," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 2(2), pages 1-8, April.
  • Handle: RePEc:spp:jkmeit:1277
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    References listed on IDEAS

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    1. Sala-i-Martin, Xavier X., 1996. "Regional cohesion: Evidence and theories of regional growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1325-1352, June.
    2. Robert M. Solow, 1994. "Perspectives on Growth Theory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 45-54, Winter.
    3. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    4. Zaman, Gheorghe & Georgescu, George, 2009. "Structural Fund Absorption: A New Challenge For Romania?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(1), pages 136-154, March.
    5. Boldrin, Michele & Canova, Fabio, 2003. "Regional Policies and EU Enlargement," CEPR Discussion Papers 3744, C.E.P.R. Discussion Papers.
    6. Iancu, Aurel, 2008. "Real Convergence and Integration," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(1), pages 27-40, March.
    7. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. repec:agr:journl:v:2(602):y:2015:i:2(602):p:183-188 is not listed on IDEAS
    2. Zaman Gheorghe & Goschin Zizi, 2014. "A New Classification Of Romanian Counties Based On A Composite Index Of Economic Development," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 217-230, July.
    3. Elena Raluca MOISESCU (DUICAN), 2015. "Regional convergence. Case of Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(603), S), pages 183-188, Summer.

    More about this item

    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)
    • F02 - International Economics - - General - - - International Economic Order and Integration

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