Urban Geographical Economics and per Capita GDP Growth in Romania

Jesús López-Rodríguez and Cosmin Bolea-Gabriel
Authors registered in the RePEc Author Service: Jesus Lopez-Rodriguez

European Research Studies Journal, 2012, vol. XV, issue 3, 109-134

Abstract: This paper analyses the growth dynamics in the Romanian economic over the period 1995-2008 and the link between them and the economic geography of the country in light of the transition process started in the early nineties. The analysis of the growth dynamics is carried out at different geographical scales and using different time spans. The analysis of the growth dynamics is followed by an econometric exercise which first tries to check for the (non)existence of convergence and then we have studied to which extend the economic geography of the country is a key ingredient in the observed growth dynamics. The results of our analysis point out that regardless of the period of study under consideration a catching-up process across Romanian counties is not taken place. Rather a divergence process is pretty much at work. Our second important conclusion is that the economic geography of the country is shaping the growth dynamics observed over the course of the years in Romania.

Keywords: Convergence; Regional Disparities; Growth Dynamics; Divergence; Economic Geography; Romania (search for similar items in EconPapers)
JEL-codes: F12 F23 R11 R12 R13 R14 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xv:y:2012:i:3:p:109-134

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