<\/strong>ME\u0218TER Ioana1, GAVRILU\u021a Darie2, BEGU Andreea Oana3<\/p>\n 1<\/em>Department of Economics and Business, Doctoral School of Economics, Faculty of Economic Sciences, University of Oradea, Oradea, Romania<\/em><\/p>\n 2<\/em>Department of Economics and Business, Faculty of Economic Sciences, University of Oradea, Oradea, Romania<\/em><\/p>\n 3<\/em>Department of Statistics and Econometrics, Faculty of Cybernetics, Statistics and Informatics, Bucharest University of Economic Studies, Romania<\/em><\/p>\n imester@uoradea.ro<\/em><\/a> gavrilut.darie@uoradea.ro<\/em><\/a> andreea.enache@csie.ase.ro<\/em><\/a><\/p>\n <\/em>Abstract: <\/strong>This present study examines the causality between core elements of an economy, namely economic growth, employment levels in R&D sector, and research, development, and innovation (RDI) spending throughout Romania\u2019s macro-regions. RDI has a pivotal role when it comes to economic expansion, but its impact depends on several factors, including, but not limited to funding sources and regional disparities. While both public and private sources of investment in the field of RDI contribute to economic development, private funding tends to yield more efficient results, regardless of discussed timeframe, and thus its influence transcends local and regional economies and manages to develop cross-border relationships and dynamics. We have developed a panel data ARDL model for Romania, that reveals the significant impact on long and short run of research, development, and innovation spending on the economic growth as well as a long run impact of hirings in this sector on the economic growth.<\/em><\/p>\n