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Empirical analysis of foreign direct investments at NUTS 2 region, in European Union and Romania

Listed author(s):
  • Antonescu, Daniela

Foreign Direct Investment (FDI) plays an important role in the development of national and regional economies and it has been considered a force for European Union integration, especially for developing regions. More, the FDI represent a key-tool for sustain development and economic growth at regional/local level. Foreign firms bring new technologies, knowledge and management skills, and local firms can learn from this. Therefore, the presence of foreign firms can improve region’s competitiveness, but fears can also be raised that foreign competitors crowd out local firms, and a net positive effect on the regional economy cannot be taken for granted. The understanding FDI determinants for development regions represent a field of interest both policy makers and investors because they are a particularly driven to market globalization. This study provides an empirical analysis of FDI at regional level (NUTS 2 regions) in European Union and Romania.

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File URL: https://mpra.ub.uni-muenchen.de/65140/1/MPRA_paper_65140.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 65140.

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Date of creation: 19 Jun 2015
Handle: RePEc:pra:mprapa:65140
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  1. Eduardo Levy Yeyati & Christian Daude & Ernesto Stein, 2003. "Regional Integration and the Location of FDI," Business School Working Papers doce, Universidad Torcuato Di Tella.
  2. Antonescu, Daniela, 2012. "Identificarea Disparitatilor Si Convergentei Economice Regionale În Uniunea Europeana Si În România," Studii Economice 120528, National Institute of Economic Research.
  3. Gheorghe Zaman & Valentina Vasile & Mirela Matei & Carmen Croitoru & George Enescu, 2011. "Aspecte ale impactului ISD din România asupra exporturilor si dezvoltarii durabile," Romanian Journal of Economics, Institute of National Economy, vol. 33(2(bis)(42), pages 130-190, December.
  4. Antonescu, Daniela, 2013. "The Regional Development Policy of Romania in the Post-Accession Period," Working Papers of National Institute of Economic Research 131209, National Institute of Economic Research.
  5. Georgescu, George, 2007. "Current Account Deficits and Implications on Country Risk of Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(4), pages 88-96, December.
  6. Georgescu, George, 2006. "Inward Processing Trade and Implications for the Balance of Payments Current Account (The Case of Romania)," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 3(1), pages 24-31, March.
  7. Head, C. Keith & Ries, John C. & Swenson, Deborah L., 1999. "Attracting foreign manufacturing: Investment promotion and agglomeration," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 197-218, March.
  8. Paul Krugman, 1992. "Does the New Trade Theory Require a New Trade Policy?," The World Economy, Wiley Blackwell, vol. 15(4), pages 423-442, 07.
  9. Haruo Horaguchi & Brian Toyne, 1990. "Setting the Record Straight: Hymer, Internationalization Theory and Transaction Cost Economics," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 21(3), pages 487-494, September.
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