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The Impact of Digitalization on the NUTS-2 Regions in Romania

In: Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making

Author

Listed:
  • Daniela Antonescu

    (Institute of National Economy, Romanian Academy)

  • Ioana Cristina Florescu

    (Institute of National Economy, Romanian Academy)

Abstract

Digitalization represents a key element for the development of today’s society. After the COVID-19 pandemic, it has become one of the community priorities that open up new opportunities for businesses and consumers, new horizons for relations with other economic areas worldwide, supporting the green transition and climate neutrality until 2050. Romania’s National Recovery and Resilience Plan (NRRP) aims to ensure an optimal balance between national and European Union priorities in the context of recovery after this crisis. Regarding the regional approach, it can help increase the level of economic and social development and reduce territorial inequalities. The article’s main objective is to identify the relationship between e-commerce and broadband infrastructure, both indicators specific to the digitalization process, and regional GDP, using as an instrument of analysis econometric modeling through a panel model. All of the indicators contain data for the eight development regions in Romania. The results of the research showed that chosen independent variables have a significant impact upon the dependent in Romania, for the 2010–2021 timeframe.

Suggested Citation

  • Daniela Antonescu & Ioana Cristina Florescu, 2024. "The Impact of Digitalization on the NUTS-2 Regions in Romania," Springer Proceedings in Business and Economics, in: Luminita Chivu & Valeriu Ioan-Franc & George Georgescu & Ignacio De Los Ríos Carmenado & Jean Vasile (ed.), Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making, chapter 0, pages 147-154, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-47925-0_13
    DOI: 10.1007/978-3-031-47925-0_13
    as

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