Modernization of the industrial structure- fundamental key to increase efficiency in the years 1990 to 2008

Mungiu-Pupăzan Mariana Claudia
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Mungiu-Pupăzan Mariana Claudia: „Constantin Brâncuşi” University of Tg-Jiu

Annals - Economy Series, 2010, vol. 4.I, 115-123

Abstract: In the developed capitalist countries, the high economic efficiency in industry favourably influences the evolution of economic efficiency in other sectors, as well. In our country, however, after 1990 there was an opposite tendecy: the low economic efficiency and the economic inefficiency in industry seriously affects the economic efficiency of the remaining sectors. Thus, we can conclude that the efficiency of idustrial activity would favourably influence the evolution of economic efficiency s basis in the other sectors of Romanian economy.

Keywords: structure of the industry; economic efficiency; value added; labor productivity (search for similar items in EconPapers)
Date: 2010
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