This study aims to examine the link between foreign direct investment (FDI) inflows and economic growth, also considering several institutional quality variables, as well as sustainable development goals (SDGs) set in the 2030 Agenda for Sustainable Development. By estimating panel data regression models for a sample of 11 Central and Eastern European countries, from 2003 to 2016, the empirical outcomes provide support for a non-linear relationship between FDI and gross domestic product per capita. Regarding institutional quality, it is found that control of corruption, government effectiveness, regulatory quality, rule of law, and voice and accountability positively influence growth, while political stability and absence of violence/terrorism is not statistically significant. Moreover, SDGs such as poverty, income distribution, education, innovation, transport infrastructure, and information technology are noteworthy drivers of growth. The outcomes of panel fully modified and dynamic ordinary least squares partly confirm the findings. The panel vector error-correction model Granger causalities provide support for a short-run one-way causal association running from FDI to growth and a long-run two-way causal connection among FDI and growth. Furthermore, in the long run, unidirectional causal relationships running from each institutional quality indicator to economic growth and FDI are set out.
Nowadays, creative economies stand as a relevant indicator of the sustainable development of local and regional ones. The study aims to highlight the spatial behaviour of creative economies in the Bucharest‒Ilfov Development Region, the most dynamic and complex regional economy in Romania. In order to assess the spatial dynamics of creative economies in the region, an economic database was created, at the level of the territorial administrative unit, for the two economic indicators considered important for the study, number of employees and turnover, under the auspices of the Classification of National Economy Activities (NACE). The establishment of creative economies was made following the Government Decision no. 859 of 2014, with 66 codes for this sector. Annual cartographic models were developed for each indicator in QGIS (a free and open–source cross–platform desktop geographic information system application that supports viewing, editing, and analysis of geospatial data), for the period 2000–2016. For a relevant analysis of spatial behaviour, we used Sholl and Kolmogorov complexity, which highlighted specific patterns of spatial dynamics that help us to understand the role of creative economies in the sustainable development of regional economies. The results highlighted the role of accessibility corridors in the development of the regional economy.
Winter sports are the main attraction for many tourist areas in Romania, contributing significantly to the development of local economies. Based on this, the study aims to analyze the ski areas in Romania, as well as the extent to which they contribute to the sustainable development of the local economy. This is particularly important as, in recent decades, climate change has significantly affected winter sports, especially skiing. Thus, an analysis of the physical characteristics of ski runs in Romania (number, length, width, level difference and slope) is accompanied with an analysis on the dynamics of the share of tourism in the local economy of winter sport locations, based on tourism turnover relative to total turnover in the local economy. Both graphic and cartographic methods were used in this study, based on an analysis of quantitative and qualitative data available for ski slopes in Romania and the host localities. We used ArcGIS 10.6 software for the preparation of graphical representations and other software to process large databases. The research results showed a great diversity regarding counties, localities and ski slopes depending on the characteristic features of ski slopes (number, length, width, level difference and slope). In our study, the evolution of the share of turnover in tourism in terms of total turnover presented several categories of localities based on their economic dependence on winter sports; the impact in this regard was found to be very differentiated between localities.
The Democratic Governance Model generates a visible opening of institutions towards citizens. By analyzing ten digital communication offers made by Romanian state universities, we pursue to observe if any partnership relationship with their users is created, if their websites are conceived so as to facilitate the participation of students in the activity of the institution, to comply with the manifested needs and to invite to dialogue. The result of the research reveals different degrees of fi delity of the studied websites to the new management model.
Assuming that the value of a powerful brand lies in its capacity to decrypt the consumers' preference and fidelity, we undertake, in the present study, to analyse the important criteria used when selecting a shampoo brand, to outline the profile of such products and to capture the dependence of the endogenous variable (the shampoo brand selected by consumers), on the exogenous variables (Product characteristics, Personal experience, Brand and Price) that the consumer had in view when deciding to purchase an optimum product. This paper, based on multiple regression equations, outlines the direction and intensity of the dependence, using data arising from an opinion poll, covering an 8-year period, carried out on an average population of 8921 individuals. In essence, the present application reveals, an appropriate method for acquiring a higher market share, to its largest extent, the orientation towards consumer and product, price being a subsidiary instrument, specific only to companies trying to maintain themselves in the market. In contrast, a leader, a challenger or a pursuing company should be highly flexible, ready to continuously adapt their brand to the ever-changing consumers' needs.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.