Urban Development, Significant Factor in The Economic Development of The Regions

Global economic development has always been accompanied by a complex process of urbanization and an important role has been played by the development of effective strategies at the level of these communities. The purpose of this analysis is to determine the manner and extent to which the economic...

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Main Author: Ana-Angela Milan
Format: Article
Language:English
Published: Ovidius University Press 2022-12-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%203/21.pdf
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author Ana-Angela Milan
author_facet Ana-Angela Milan
author_sort Ana-Angela Milan
collection DOAJ
description Global economic development has always been accompanied by a complex process of urbanization and an important role has been played by the development of effective strategies at the level of these communities. The purpose of this analysis is to determine the manner and extent to which the economic growth of the regions of the country, has been influenced by certain financial, social, population-setting factors, of public utilities and the administration of the territory, specific to the urban environment, with the help of econometric analysis on panel data and by comparative analysis applied on two data sets from 2000-2019, for the eight regions of the country. The results of the final analysis, obtained using the REMrobust model, showed the significant influence of nine factors, from twelve indicators investigated, on the result indicator-PIBregional. These analyses are the levers through which decision-makers can capitalize on financing opportunities, through viable regional development projects.
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spelling doaj.art-954d4d4860a141498cfc52295989a8bb2023-02-21T09:34:51ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272022-12-01XXII2363373Urban Development, Significant Factor in The Economic Development of The Regions Ana-Angela Milan 0“Transilvania” University of Brasov, RomaniaGlobal economic development has always been accompanied by a complex process of urbanization and an important role has been played by the development of effective strategies at the level of these communities. The purpose of this analysis is to determine the manner and extent to which the economic growth of the regions of the country, has been influenced by certain financial, social, population-setting factors, of public utilities and the administration of the territory, specific to the urban environment, with the help of econometric analysis on panel data and by comparative analysis applied on two data sets from 2000-2019, for the eight regions of the country. The results of the final analysis, obtained using the REMrobust model, showed the significant influence of nine factors, from twelve indicators investigated, on the result indicator-PIBregional. These analyses are the levers through which decision-makers can capitalize on financing opportunities, through viable regional development projects. https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%203/21.pdfdevelopment planseconomic growthregions
spellingShingle Ana-Angela Milan
Urban Development, Significant Factor in The Economic Development of The Regions
Ovidius University Annals: Economic Sciences Series
development plans
economic growth
regions
title Urban Development, Significant Factor in The Economic Development of The Regions
title_full Urban Development, Significant Factor in The Economic Development of The Regions
title_fullStr Urban Development, Significant Factor in The Economic Development of The Regions
title_full_unstemmed Urban Development, Significant Factor in The Economic Development of The Regions
title_short Urban Development, Significant Factor in The Economic Development of The Regions
title_sort urban development significant factor in the economic development of the regions
topic development plans
economic growth
regions
url https://stec.univ-ovidius.ro/html/anale/RO/2022-issue2/Section%203/21.pdf
work_keys_str_mv AT anaangelamilan urbandevelopmentsignificantfactorintheeconomicdevelopmentoftheregions