Current factors for launching regional competitiveness: an econometric approach
West University of Timișoara, Romania
PROCEEDINGS of
North International Conference of Economics,
Issue 1 / 2016,
pp.192-197
ISSN 2537-317X
ABSTRACT
This article examines regional competitiveness of Romania in terms of employment rate,
influenced by the regional spending in research and development and innovation and by the
employed population in high tech research and development. The employment rate is one of the
determining indicator in the nationally and regionally competitiveness analysis. From this
points of view, we formulate the hypothesis: the employment rate increases, depending on the
size of expenditure in research and development and on the rate of people employed in R & D
and innovation. Using an econometric model we demonstrate that there is a high correlation
between them, and under these results, new fresh direction of improvement can be taken.
Keywords: regional competitiveness, employment rate, model
