VARIATIONS OF REGIONAL INEQUALITIES IN ROMANIA IN THE LONG RUN
Zizi Goschin ()
Management Strategies Journal, 2018, vol. 42, issue 4, 91-99
The economic, social and political significance of regional inequalities has been long and widely recognized. Given that Romania is also confronted with an upward trend in inequalities, this paper aims to explore their variations at county level, over 1965-2015. The empirical analysis employs a variety of statistical methods, including Gini coefficient, Ricci-Schutz coefficient, Atkinson’s measure, Kolm’s measure, Theil’s entropy measure, the coefficient of variation, etc. This option for multiple statistical measures might help mitigate the drawbacks of different individual indicators by giving a multi-sided and more balanced picture of the inequality phenomenon. The analysis revealed that significant gaps between the well-developed counties and the laggard ones persisted in Romania throughout different phases of the economic cycle and successive changes of political regimes. There is also empirical evidence supporting the steady increase in regional disparities in the last two decades.
Keywords: regional inequalities; inequality indicators; county; Romania (search for similar items in EconPapers)
JEL-codes: J21 J64 R19 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:42:y:2018:i:4:p:91-99
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