VARIATIONS OF REGIONAL INEQUALITIES IN ROMANIA IN THE LONG RUN
Autor (i): Zizi Goschin
JEL: R19, J21, J64
Cuvinte cheie: regional inequalities, inequality indicators, county, Romania.
Abstract:
The economic, social and political significance of regional inequalities has been long and widely recognized. Given that Romania is also confronted with an upward trend in inequalities, this paper aims to explore their variations at county level, over 1965-2015. The empirical analysis employs a variety of statistical methods, including Gini coefficient, Ricci-Schutz coefficient, Atkinson’s measure, Kolm’s measure, Theil’s entropy measure, the coefficient of variation, etc. This option for multiple statistical measures might help mitigate the drawbacks of different individual indicators by giving a multi-sided and more balanced picture of the inequality phenomenon. The analysis revealed that significant gaps between the well-developed counties and the laggard ones persisted in Romania throughout different phases of the economic cycle and successive changes of political regimes. There is also empirical evidence supporting the steady increase in regional disparities in the last two decades.
The economic, social and political significance of regional inequalities has been long and widely recognized. Given that Romania is also confronted with an upward trend in inequalities, this paper aims to explore their variations at county level, over 1965-2015. The empirical analysis employs a variety of statistical methods, including Gini coefficient, Ricci-Schutz coefficient, Atkinson’s measure, Kolm’s measure, Theil’s entropy measure, the coefficient of variation, etc. This option for multiple statistical measures might help mitigate the drawbacks of different individual indicators by giving a multi-sided and more balanced picture of the inequality phenomenon. The analysis revealed that significant gaps between the well-developed counties and the laggard ones persisted in Romania throughout different phases of the economic cycle and successive changes of political regimes. There is also empirical evidence supporting the steady increase in regional disparities in the last two decades.
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