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Regional Growth and Development in Hungary and Romania


Journal: Romanian Review of Regional Studies
ISSN 1841-1576

Volume: V;
Issue: 1;
Start page: 7;
Date: 2009;
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Keywords: Regional development | Territorial disparities | Sectoral analysis | Shift-share analysis

The paper presents how economic structural changes affect a region’s economic growth and development. To show this effect is not that easy since changes of economic structure take time, and the result of changes appear shifted in time in the examined regions. Researchers examining reasons of income disparities among countries pay attention to the question how differences of GDP levels and growth rates can be explained by the economic structures. Literature of economic development sets store by explanatory potential of differences in macro-structures in countries within especially for share of agriculture in gross domestic product.
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