Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
982993 | Procedia Economics and Finance | 2014 | 7 Pages |
Starting from the increased regional inequalities after Romania's accession to EU, this paper aims to explore regional against national post-accession growth path. The study uses a specific regional investigation tool, namely the shift-share analysis that is able to disentangle national, sectoral and territorial trends. We performed the analysis for the post-accession period, further divided into two sub-intervals: 2007-2008 (economic growth) and 2009-2011 (economic crisis) and found distinct regional development patterns for these periods. The results from the shift-share analysis suggest that the developed regions can recover more easily from the crisis, due to their economic potential, and the regional disparities are likely to deepen unless appropriate regional policies are enforced.