IDEAS home Printed from https://ideas.repec.org/a/vls/rojfme/v7y2019i1p177-187.html

Long-Run Dynamics Of Regional Competitivenes In Financial And Insurance Activities

Author

Listed:
  • JULA, Dorin

    (Institute for Economic Forecasting, NIER, Romanian Academy and Ecological University, Faculty of Financial Management, Bucharest, Romania)

  • JULA, Nicolae-Marius

    (University of Bucharest, Faculty of Business Administration, Bucharest, Romania)

Abstract

In order to analyse the long-term economic evolution, we started from the hypothesis that, at regional level, the ability of the economic sectors to support their own development and the evolution of productivity are relevant indicators for sectoral competitiveness. To this end we tested for 104 Union European regions (NUTS-1 level) the extent to which the regional efforts to support research activities cause the development processes in the financial and insurance activities. As a methodology, we used unit root tests in panel, dynamic panel analysis, and cointegration models. We have identified a stable long-term relationship between productivity and the dynamics of research activities, and also that the increase in productivity in financial and insurance activities exceeds, on average, the overall increase in productivity at the regional level.

Suggested Citation

  • JULA, Dorin & JULA, Nicolae-Marius, 2019. "Long-Run Dynamics Of Regional Competitivenes In Financial And Insurance Activities," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 7(1), pages 177-187, October.
    • Handle: RePEc:vls:rojfme:v:7:y:2019:i:1:p:177-187
    as

    Download full text from publisher

    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf_jfme/vol7i1p177-187.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C58 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Financial Econometrics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vls:rojfme:v:7:y:2019:i:1:p:177-187. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Mateescu (email available below). General contact details of provider: https://edirc.repec.org/data/cfiarro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.