Do Local Budgets Influence Regional Development? Empirical evidence from Romania
Public agenda constantly include the topics of sound local finances and promoting regional development, especially in the context of the government’s efforts to ensure a sustainable path of economic growth. From this point of view, our research is intended to empirically determine the role played by...
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| Veröffentlicht in: | Lex localis-journal of local self-government 2022-01, Vol.20 (1), p.77-99 |
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| creator | Oprea, Florin Onofrei, Mihaela Paraschiv, Gigel Cojocariu, Lenuta |
| description | Public agenda constantly include the topics of sound local finances and promoting regional development, especially in the context of the government’s efforts to ensure a sustainable path of economic growth. From this point of view, our research is intended to empirically determine the role played by local finances on regional development, having Romania as a case study. We computed a Regional Development Index at county level, by comprising nine dimensions of progress: Our analysis encompasses data from TEMPO online database of National Institute of Statistic and from Ministry of Development, Public Works and Administration. The empirical evidence suggests a positive and significant relationship between some indicators of local budgets and our computed Regional Development Index. Reported to these results, our recommendations are directed towards the local fiscal policy, aiming to optimize the design of local budgetary indicators. |
| doi_str_mv | 10.4335/20.1.77-99(2022) |
| format | Article |
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We computed a Regional Development Index at county level, by comprising nine dimensions of progress: Our analysis encompasses data from TEMPO online database of National Institute of Statistic and from Ministry of Development, Public Works and Administration. The empirical evidence suggests a positive and significant relationship between some indicators of local budgets and our computed Regional Development Index. 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| ispartof | Lex localis-journal of local self-government, 2022-01, Vol.20 (1), p.77-99 |
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| source | PAIS Index; Worldwide Political Science Abstracts; EBSCOhost Political Science Complete |
| subjects | Budgets Case studies COVID-19 Decentralization Economic development Economic growth Expenditures Fiscal policy GDP Gross Domestic Product Indexes Inequality Influence Internet Macroeconomics Public works Regional development Variables |
| title | Do Local Budgets Influence Regional Development? Empirical evidence from Romania |
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