The effects of the European Regional Development Fund on the large Romanian enterprises
The regional development of Romania in 2014-2020 should rely on the lessons learned from the 2007-2013 period. In this wider context, the paper analyses the effects of the European Regional Development Fund (ERDF) provided within the 2007-2013 programme focusing on the development of the economic co...
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| Format: | Article |
| Language: | English |
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Editura ASE Bucuresti
2015-06-01
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| Series: | Romanian Economic Journal |
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| Online Access: | http://www.rejournal.eu/article/effects-european-regional-development-fund-large-romanian-enterprises |
| _version_ | 1811283312399876096 |
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| author | Cristina Elena Ciocoiu |
| author_facet | Cristina Elena Ciocoiu |
| author_sort | Cristina Elena Ciocoiu |
| collection | DOAJ |
| description | The regional development of Romania in 2014-2020 should rely on the lessons learned from the 2007-2013 period. In this wider context, the paper analyses the effects of the European Regional Development Fund (ERDF) provided within the 2007-2013 programme focusing on the development of the economic competitiveness, on the large enterprises from the North-East region of Romania. Three hypotheses are tested within this empirical research. First, that the EU financial assistance granted to a large enterprise implies an increase in its net turnover, gross profit and number of staff. Second, we aim to see whether the increase in the net turnover, gross profit and number of staff is directly linked to the increase of the ERDF grant. Finally, we analyse if the increase of the three indicators is higher for the large enterprises that implemented more projects than for the enterprises that implemented a single project. The analysis also puts under discussion the quality and the availability of the information concerning the projects funded by the European Union in Romania, taking also into consideration the 2014-2020 e-cohesion requirement. |
| first_indexed | 2024-04-13T02:09:10Z |
| format | Article |
| id | doaj.art-71c5ce03d35747c7bfccfe58822e6390 |
| institution | Directory Open Access Journal |
| issn | 1454-4296 2286-2056 |
| language | English |
| last_indexed | 2024-04-13T02:09:10Z |
| publishDate | 2015-06-01 |
| publisher | Editura ASE Bucuresti |
| record_format | Article |
| series | Romanian Economic Journal |
| spelling | doaj.art-71c5ce03d35747c7bfccfe58822e63902022-12-22T03:07:20ZengEditura ASE BucurestiRomanian Economic Journal1454-42962286-20562015-06-01XVIII563346The effects of the European Regional Development Fund on the large Romanian enterprisesCristina Elena Ciocoiu0Bucharest University of Economic Studies, Romania, e-mail: cris.ciocoiu@yahoo.comThe regional development of Romania in 2014-2020 should rely on the lessons learned from the 2007-2013 period. In this wider context, the paper analyses the effects of the European Regional Development Fund (ERDF) provided within the 2007-2013 programme focusing on the development of the economic competitiveness, on the large enterprises from the North-East region of Romania. Three hypotheses are tested within this empirical research. First, that the EU financial assistance granted to a large enterprise implies an increase in its net turnover, gross profit and number of staff. Second, we aim to see whether the increase in the net turnover, gross profit and number of staff is directly linked to the increase of the ERDF grant. Finally, we analyse if the increase of the three indicators is higher for the large enterprises that implemented more projects than for the enterprises that implemented a single project. The analysis also puts under discussion the quality and the availability of the information concerning the projects funded by the European Union in Romania, taking also into consideration the 2014-2020 e-cohesion requirement.http://www.rejournal.eu/article/effects-european-regional-development-fund-large-romanian-enterprisesregional developmentlarge enterprisescomplementaritye-cohesionEuropean Regional Development Fund |
| spellingShingle | Cristina Elena Ciocoiu The effects of the European Regional Development Fund on the large Romanian enterprises Romanian Economic Journal regional development large enterprises complementarity e-cohesion European Regional Development Fund |
| title | The effects of the European Regional Development Fund on the large Romanian enterprises |
| title_full | The effects of the European Regional Development Fund on the large Romanian enterprises |
| title_fullStr | The effects of the European Regional Development Fund on the large Romanian enterprises |
| title_full_unstemmed | The effects of the European Regional Development Fund on the large Romanian enterprises |
| title_short | The effects of the European Regional Development Fund on the large Romanian enterprises |
| title_sort | effects of the european regional development fund on the large romanian enterprises |
| topic | regional development large enterprises complementarity e-cohesion European Regional Development Fund |
| url | http://www.rejournal.eu/article/effects-european-regional-development-fund-large-romanian-enterprises |
| work_keys_str_mv | AT cristinaelenaciocoiu theeffectsoftheeuropeanregionaldevelopmentfundonthelargeromanianenterprises AT cristinaelenaciocoiu effectsoftheeuropeanregionaldevelopmentfundonthelargeromanianenterprises |