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A Proposal for a Standard With Innovation Management System

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Adina Catana and Lavinia Delcea<br />

Source: The authors according to the data available on Romania’s National Institute of Statistics<br />

Figure 5: Percentage contribution of major economic sectors to GDP, at the North-West region’s level<br />

in 2008<br />

From the graphs above it can be seen that in 2008 the manufacturing industry had the greatest<br />

contribution to regional GDP, with a gross value added of 12,730 million lei, namely 24.68% of BIP.<br />

Trade is the second sector contributing to GDP with 6,406.3 million lei, with a share of 12.43% of<br />

GDP. Being closely interlinked with real estate transactions that contributed to GDP with<br />

6,342.5 million lei, representing12.2%, the construction sector is the next important contributor to<br />

GDP with 5,570.9 million lei, respectively 10.8%, because of the investments of the real estate<br />

developers in this market.<br />

At national level, the contribution of economic sectors to the <strong>for</strong>mation of regional GDP indicates a<br />

share of 16.3% <strong>for</strong> agriculture, 35% <strong>for</strong> the secondary sector and 46.7% <strong>for</strong> tertiary sectors, with<br />

services growth and reducing agricultural activities in terms of evolution. Significant increases were<br />

noted in civil and industrial building: housing, shopping centers. Some differences between counties<br />

can be also noted: some of them are more industrialized; others are based on primary activities,<br />

especially agriculture and farming (Romania’s National Institute of Statistics data).<br />

2.2 The importance of the trade sector <strong>for</strong> the labor market<br />

According to Karel De Gucht (2012) Trade Commissioner from European Commission, trade is<br />

working <strong>for</strong> Europe's economic recovery by ensuring growth and jobs. The European renewed trade<br />

strategy will open markets and connect Europe to the main sources and regions of global growth. The<br />

aim is to ensure that European business gets a fair deal and that countries’ rights are respected so<br />

that all of them could enjoy the benefits of trade.<br />

Clearly, trade is a sector that offers a large number of jobs. To strengthen this assertion we examined<br />

to what extent the main economic sectors have reduced unemployment by attracting labor. The study<br />

includes the number of employees drawn by the analyzed economic sectors during 2000 - 2008.<br />

84

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