DETERMINANTS OF REGIONAL COMPETITIVENESS IN ROMANIA - A PANEL DATA APPROACH

In this study, a few panel data models were estimated to analyze the regional competitiveness in the 42 counties (including Bucharest) of Romania. The dynamic panel with Arellano "Bover/Blundell" Bond estimators and robust standard errors showed that during 2000-2012 the GDP in the current...

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主要な著者: Mihaela-Nona, CHILIAN, Mihaela, SIMIONESCU, Marioara, IORDAN
フォーマット: 論文
言語:英語
出版事項: Universităţii "Constantin Brâncoveanu" 2014-11-01
シリーズ:Strategii Manageriale
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オンライン・アクセス:http://www.strategiimanageriale.ro/papers/140401.pdf
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要約:In this study, a few panel data models were estimated to analyze the regional competitiveness in the 42 counties (including Bucharest) of Romania. The dynamic panel with Arellano "Bover/Blundell" Bond estimators and robust standard errors showed that during 2000-2012 the GDP in the current period depends on the average number of employees and on the GDP value of the previous period. For a fixed effect model, 34.41% (Rho) of the total variation is due to the differences within the counties. The Moran's I index in 2000 is negative and close to zero (0.035) suggesting a negative but non-significant spatial autocorrelation. In 2012, the Moran I's suggests a positive and non-significant spatial auto-correlation.
ISSN:1844-668X
1844-668X