Author
Listed:
- Teodorescu Dana-Maria
(Bucharest University of Economic Studies, Bucharest, Romania)
- Sandu Andra
(Bucharest University of Economic Studies, Bucharest, Romania)
- Ioanăş Corina
(Bucharest University of Economic Studies, Bucharest, Romania)
- Cotfas Liviu-Adrian
(Bucharest University of Economic Studies, Bucharest, Romania)
Abstract
In 1990, the Romanian economy changed in a crucial manner, after the communist regime has fallen, moving from a centralized economy to a capitalist one, introducing also services as a sector apart from industry and agriculture. The 1990s period was a difficult one, due to political instability, which lead to a decrease in Gross Domestic Product. Thanks to the integration of Romania in North Atlantic Treaty Organization and European Union, the Romanian economy started to grow significantly, obtaining over 65 billion euro which facilitate the development of the country. The infrastructure is the sector that benefits from the European Union funds, starting with 113 kilometers in 1990 and achieving a total of 1275 kilometers at the end of 2024. The scope of the research is to identify the contribution of infrastructure – measured through highway kilometers of each county, together with the railway kilometers of each county, tourism – measured through the type of tourists, tourists number per county, and unemployment rate on the evolution of the net salaries per county in RON, using Python programming language. Moreover, the Romanian economy presents the characteristics of a complex adaptive system, which makes it suitable to be analyzed by various algorithms. Using a clustering approach, the counties in Romania have been divided by considering the three types of indicators mentioned above and policy recommendations have been formulated for the counties included in the lower-measured category.
Suggested Citation
Teodorescu Dana-Maria & Sandu Andra & Ioanăş Corina & Cotfas Liviu-Adrian, 2025.
"Adaptive Economic Systems: Analyzing the Influence of Infrastructure, Unemployment and Tourism on Romanian Salaries,"
Proceedings of the International Conference on Business Excellence, Sciendo, vol. 19(1), pages 541-555.
Handle:
RePEc:vrs:poicbe:v:19:y:2025:i:1:p:541-555:n:1004
DOI: 10.2478/picbe-2025-0044
Download full text from publisher
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:vrs:poicbe:v:19:y:2025:i:1:p:541-555:n:1004. 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.