Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/289709 
Year of Publication: 
2022
Citation: 
[Journal:] Comparative Economic Research. Central and Eastern Europe [ISSN:] 2082-6737 [Volume:] 25 [Issue:] 3 [Year:] 2022 [Pages:] 43-61
Publisher: 
Lodz University Press, Lodz
Abstract: 
Our research studies the economic background of recovery and catching-up after the global financial and economic crisis, comparing the case study areas of Cluj-Napoca in Romania and Pécs in Hungary. We use explorative statistical data analysis to describe the post-crisis regional economic environment in the context of the differential outcomes of the high-pressure economy in these two countries. Then, we analyse the evolution of the per capita gross domestic product in a decomposed form which provides insights into the main challenges of regional development in the two regional centres. The results show that long-run economic challenges must be handled with an efficiency-oriented regional policy that relies upon capital and knowledge-intensive growth.
Subjects: 
regional development
economic growth
Hungary
Romania
comparative analysis
JEL: 
O47
P25
R12
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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