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Regional Competitiveness And The Impact Of Eu Structural Funds: The Case Of Romania

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  • Delia Anca Gabriela Gligor

    (West University of Timisoara Faculty of Economics and Business Administration)

  • Marius Ioan Pantea

    (West University of Timisoara Faculty of Economics and Business Administration)

Abstract

In the context of internationalization and globalization of the world economy, regional competitiveness is thoroughly debated by politicians and policy makers, emphasizing measurable differences between development regions, without any clear political or conceptual framework. Romania’s accession to the European Union in 2007 provided an opportunity to recover in terms of regional performance and economic growth, namely structural funds as a form of nonrefundable European financial help to disadvantaged regions of member states. Our research is thus focused on analyzing the impact of structural funds’ absorption upon regional competitiveness in Romania, using extensive data over a period of seven years. Results show that EU funds critically influence the competitiveness of Romanian regions, providing reliable data for policy decision makers.

Suggested Citation

  • Delia Anca Gabriela Gligor & Marius Ioan Pantea, 2015. "Regional Competitiveness And The Impact Of Eu Structural Funds: The Case Of Romania," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(43), pages 58-67.
    • Handle: RePEc:aio:aucsse:v:1:y:2015:i:43:p:58-67
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    References listed on IDEAS

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    More about this item

    Keywords

    EU structural funds; competitiveness; regional competitiveness; development regions;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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