Regional Divergence in Romania Based on a New Index of Economic and Social Development

Goschin, Zizi

doi:10.1016/s2212-5671(15)01370-2

Cited by 6 publications

(10 citation statements)

References 12 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Romania is one of the countries in Europe which is considered the most converging. However, Goschin (2015) and Iancu (2007) identified a long-term divergence in this country. This indicates that there is an imbalance of development between regions in Romania which tends to widen.…”

Section: Empirical Studiesmentioning

confidence: 97%

See 1 more Smart Citation

Sigma Convergence and VECM Approach in Explaining the Relationship among Macro Variables in Indonesia

Kurniawati

Lestari

2019

J. Bus. Econ. Review

View full text Add to dashboard Cite

Objective – Inequality of regional income, government expenditure and government revenue can show the performance of these variables in improving the economic and non-economic conditions of each region. Previous literature discusses, in part, the inequality among these three variables. This research fills the gap left by previous research by analyzing the inequality of the three variables and analysing the relationship between them in driving the provincial economy in Kalimantan. The first objective of this study is to analyze the reduction of regional income inequality, government revenue and government expenditure. The second objective is to analyze the relationship among macro variables. Methodology/Technique – Using data from 4 provinces in Kalimantan across a 15-year period (2002-2016), this study concludes that in the short term, only changes of government revenue have an impact on regional income and only changes of government revenue has an impact on government expenditure. Findings - Meanwhile, in the long term, changes in regional income, government revenue, and government expenditure can all have an impact on regional income. Type of Paper: Empirical. Keywords: Inequality; Regional Income; Government Expenditure; Government Revenue. Reference to this paper should be made as follows: Kurniawati, S; Lestari, N. 2019. Sigma Convergence and VECM Approach in Explaining the Relationship among Macro Variables in Indonesia, J. Bus. Econ. Review 4(4) 156 – 162 https://doi.org/10.35609/jber.2019.4.4(2) JEL Classification: H70, E00, E10, O11.

show abstract

Section: Empirical Studiesmentioning

confidence: 97%

“…This study employs the coefficient of variation to analyze regional income inequality, expenditure and government revenue through the concept of sigma convergence. The formulation refers to Goschin (2015) as follows:…”

Section: Sigma Convergencementioning

confidence: 99%

Sigma Convergence and VECM Approach in Explaining the Relationship among Macro Variables in Indonesia

Kurniawati

Lestari

2019

J. Bus. Econ. Review

View full text Add to dashboard Cite

show abstract

“…At the same time, another important contribution [44] is research considering a more complex approach to regional disparities based on more indicators offering complementary information. This paper points out the problem of the territorial convergence in Romania, combining the economic and social perspectives by using a new synthetic development indicator at a county level.…”

Section: Literature Reviewmentioning

confidence: 99%

The Effects of the Cohesion Policy on the Sustainable Development of the Development Regions in Romania

et al. 2018

View full text Add to dashboard Cite

The objective of this study was to characterize the development regions in Romania and to measure spatial imbalances, starting from the national and the European Union aspiration to promote more economic and social policies adapted to the different regional particularities. For this purpose, we conducted a multifactorial analysis of the sustainability of the development regions in Romania at NUTS II level by constructing a synthetic index of socio-economic development for the regions that appreciate sustainability and have accepted structural and cohesion funds. The multi-criteria synthetic index was obtained by aggregating several sub-indices (economy, health, education, public utilities, and living standards). We used cluster analysis to identify patterns of regional development in Romania over time. For 1998 and 2006, the same cluster structure was obtained. However, due to economic and social changes that occurred after 2006 (negative impact of the global financial crisis as well as the positive impact of EU funds), in 2016, we recorded another structure of clusters, except in the Bucharest-Ilfov region which continues to present a number of unique features. In addition, we show that the polarized regional development model is increasingly strengthening and the network of urban agglomerations needs to be territorially balanced to boost their ability to “export” wealth.

show abstract

“…Not surprisingly, there is no simple robust theory of how such a system would work (see Duranton and Puga, ). Nevertheless, two general perspectives have been used to characterize the way growth is affected by the way individuals and firms react to spatial incentives: a neoclassical framework, or an endogenous growth perspective (see Goschin, ; Munteanu, ; Zaman and Goschin, for applications to Romania)…”

Section: The Structure Of Romania's Citiesmentioning

confidence: 99%

“…A secondary purpose of the paper to suggest that the housing Anti‐commons problem in Romania may well affect the country's economic growth rate through its effects on the lack of regional income or wage convergence described by Goschin () and Zaman and Goschin (). Both studies argue that the pattern of earnings behaviour across regions in Romania may have important growth implications.…”

Section: Introductionmentioning

confidence: 99%

Housing privatization in Romania

Buckley

Mathema

2017

Econ Transit

View full text Add to dashboard Cite

Over the past three decades, Romanian housing rights changed from a strictly managed public stock to one governed by individual decision-making. And while it is typical that widespread private ownership provides a basis for a well-functioning housing market, in Romania this has not been the case. Indeed, rather than creating a market that spontaneously allocates resources efficiently, housing privatization in Romania has created exclusion rights, thus creating an Anti-commons problem. This problem can have effects similar to those of the tragedy of the Commons in which those who share a common good overuse it. In the Anti-commons, in contrast, if too many owners have the right to exclude others from use of a resource, the resource is underused. In both cases, the rights allocation wastes resources.JEL classifications: R31, R32, R38.

show abstract

Regional Divergence in Romania Based on a New Index of Economic and Social Development

Cited by 6 publications

References 12 publications

Sigma Convergence and VECM Approach in Explaining the Relationship among Macro Variables in Indonesia

Sigma Convergence and VECM Approach in Explaining the Relationship among Macro Variables in Indonesia

The Effects of the Cohesion Policy on the Sustainable Development of the Development Regions in Romania

Housing privatization in Romania

Contact Info

Product

Resources

About