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The Impact of Non-Reimbursable European Funds in Romania on Gross Domestic Product

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  • Munteanu Răzvan-Aurelian

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The paper represents an analysis of the access to non-reimbursable European funds in Romania, at the level of January 2024. The analysis is carried out at the territorial level, in all 41 counties in Romania, to which the Municipality of Bucharest is added. In order to determine the efficiency of the use of these funds, a correlation was made between the level of the Gross Domestic Product (GDP), as the main macroeconomic aggregate that measures the level of development and the value of the non-reimbursable European funds accessed by Romania in January 2024. The correlation shows a direct and strong link between the two variables, at each county level.

Suggested Citation

  • Munteanu Răzvan-Aurelian, 2024. "The Impact of Non-Reimbursable European Funds in Romania on Gross Domestic Product," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 3636-3645.
    • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:3636-3645:n:1049
    DOI: 10.2478/picbe-2024-0293
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    References listed on IDEAS

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    1. Marko Šostar & Vladimir Ristanović & Chamaru de Alwis, 2023. "Application of Successful EU Funds Absorption Models to Sustainable Regional Development," Economies, MDPI, vol. 11(9), pages 1-27, August.
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