Statistical Analysis of the Regional Disparities Concerning the Economic Growth
Alexandru Ioan Cuza University of Iasi- Faculty of Economics and Business Administration
Christiana Brigitte Balan
affiliation not provided to SSRN
Alexandru Ioan Cuza University
December 4, 2008
SFC & CLADAG, Book of Short Papers, pp. 325-329, June 11-13th 2008
Abstract We consider that the factors defining the local environment have impact on the economic growth and determine the existence of the regional disparities. To verify this hypothesis, we analyse, using the PCA method and the 3 Sigma rule, a set of variables for the 42 Romanian counties. The results obtained allow us to highlight the spatial distribution of the growth factors and the explanation of the regional disparities. The information obtained is useful for the foundation of the regional development strategies.
Number of Pages in PDF File: 5
Keywords: economic growth, regional disparities, PCA method, spatial distribution, the 3 Sigma rule
JEL Classification: C40, O40, R12
Date posted: December 7, 2008
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