A MULTIFACTORIAL STATISTICAL MODEL FOR DEVELOPMENT REGIONS HIERARCHY IN ROMANIA

Hierarchy of administrative units using an index of development is particularly important in measuring of economic disparities between the Romanian regions. Knowing regional dispartities, we can determine accurately regional development policy priorities and provide supports for regional development...

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Bibliographic Details
Main Author: TIBERIU CRISTIAN AVRĂMESCU
Format: Article
Language:English
Published: University of Petrosani 2012-01-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:http://www.upet.ro/annals/economics/pdf/2012/part2/Avramescu.pdf
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Summary:Hierarchy of administrative units using an index of development is particularly important in measuring of economic disparities between the Romanian regions. Knowing regional dispartities, we can determine accurately regional development policy priorities and provide supports for regional development strategies achievement. To achieve this hierarchy, we used a set of six indicators relevant to express the development level of a region and we realized the hierarchy using two methods: ranks method and relative distances method.
ISSN:1582-5949
2247-8620