EXPENDITURE IMPACT OF RESEARCH- DEVELOPMENT IN ROMANIAN ECONOMY

Teselios Delia ()
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Teselios Delia: “Constantin Brâncoveanu” University of Pitesti, Romania

Management Strategies Journal, 2015, vol. 28, issue 2, 70-78

Abstract: In a highly competitive world, expenditure on research - development must be viewed with greater attention. Their impact on the future development of the Romanian economy is essential. Regression between expenditure ratio of research - development in GDP and unemployment rates calculated in this paper demonstrates that an increase in spending on research - development leads to a reduction in unemployment in the Romanian economy.

Keywords: expenditure on research - development; GDP; unemployment; innovation; investment (search for similar items in EconPapers)
JEL-codes: A10 C25 E24 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:28:y:2015:i:2:p:70-78

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