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Analysis of the Last Decade’s Evolution of Competitiveness in Romania through Regional and Sectoral Lenses

Keywords: Competitiveness , NUTS2 regions , Sectors , GVA , Income , Employment

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Abstract:

The structure of labour productivity by regions and by economic activities as well as average sectoral income levels in Romania are analysed within the framework of this paper. The structure of labour productivity on regional level and by economic activities is an essential component of regional competitiveness besides the structure of regional population, the structure of employment by economic activities in total population at regional level and the structure of total GDP (or GVA) on regional level by economic activities. To capture the variation in time of competitiveness, a longer time horizon analysis of the above indicators is needed instead of analysing just one-year data, which would only give a static view on the matter. Our analysis covers the 2000-2008 time horizon and focuses mainly on labour productivity through analysing sectoral GVA and sectoral employment on the level of Romanian NUTS2 development regions, being an important determinant of regional competitiveness.

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