European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of Romania

At present, both in Romania and in Europe, tourism tends to become one of the biggest industries, with great development possibilities in the future. The economic development of Romania including tourism benefits from the support of the European Union, and has the purpose to reduce the gaps in this...

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Main Authors: Gina Ionela Butnaru, Valentin Nită
Format: Article
Language:English
Published: Editura ASE 2016-05-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2521
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author Gina Ionela Butnaru
Valentin Nită
author_facet Gina Ionela Butnaru
Valentin Nită
author_sort Gina Ionela Butnaru
collection DOAJ
description At present, both in Romania and in Europe, tourism tends to become one of the biggest industries, with great development possibilities in the future. The economic development of Romania including tourism benefits from the support of the European Union, and has the purpose to reduce the gaps in this concern, compared to both the European Union average and more developed countries. The purpose of this paper is to analyse β and σ convergence in the 8 Economic Development Regions of Romania by a tourism approach. The concept of β-convergence represents the process of quicker development of poor regions than the rich ones, and σ-convergence is evaluating the process of decrease of regional economic disparities in time. The analysis based on β-convergence was performed using econometric modelling techniques of linear correlation. For σ-convergence, we measured the dispersion of real GDPT per in habitant by the use of the variation coefficient t  . The purpose is to check the hypothesis according to which the β-convergence approach and the σ- convergence concept can lead to different results for the Economic Development Regions of Romania. The period analysed is between 2007 and 2013.
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spelling doaj-art-07978bcff4d741f3943b4099375500842025-08-20T02:02:50ZengEditura ASEAmfiteatru Economic1582-91462247-91042016-05-011842369384European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of RomaniaGina Ionela Butnaru 0Valentin Nită 1Alexandru Ioan Cuza University, Iaşi, RomaniaAlexandru Ioan Cuza University, Iaşi, RomaniaAt present, both in Romania and in Europe, tourism tends to become one of the biggest industries, with great development possibilities in the future. The economic development of Romania including tourism benefits from the support of the European Union, and has the purpose to reduce the gaps in this concern, compared to both the European Union average and more developed countries. The purpose of this paper is to analyse β and σ convergence in the 8 Economic Development Regions of Romania by a tourism approach. The concept of β-convergence represents the process of quicker development of poor regions than the rich ones, and σ-convergence is evaluating the process of decrease of regional economic disparities in time. The analysis based on β-convergence was performed using econometric modelling techniques of linear correlation. For σ-convergence, we measured the dispersion of real GDPT per in habitant by the use of the variation coefficient t  . The purpose is to check the hypothesis according to which the β-convergence approach and the σ- convergence concept can lead to different results for the Economic Development Regions of Romania. The period analysed is between 2007 and 2013.http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2521β-convergenceσ-convergenceRomanian tourismEconomic Development Regions of Romania
spellingShingle Gina Ionela Butnaru
Valentin Nită
European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of Romania
Amfiteatru Economic
β-convergence
σ-convergence
Romanian tourism
Economic Development Regions of Romania
title European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of Romania
title_full European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of Romania
title_fullStr European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of Romania
title_full_unstemmed European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of Romania
title_short European Union and Romanian Tourism – ß and σ Convergence in the Economic Development Regions of Romania
title_sort european union and romanian tourism ss and σ convergence in the economic development regions of romania
topic β-convergence
σ-convergence
Romanian tourism
Economic Development Regions of Romania
url http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2521
work_keys_str_mv AT ginaionelabutnaru europeanunionandromaniantourismßandsconvergenceintheeconomicdevelopmentregionsofromania
AT valentinnita europeanunionandromaniantourismßandsconvergenceintheeconomicdevelopmentregionsofromania