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European funds for sustainable transport and economic growth

Author

Listed:
  • Ana Maria BOCĂNEALĂ

    (The Bucharest University of Economic Studies, Romania)

  • Alexandra-Elvira GHERASIM

    (The Bucharest University of Economic Studies, Romania)

Abstract

The study demonstrates how European Funds can play a key role in developing infrastructure, promoting green transport alternatives and influencing regional economic growth. Assessing the allocation, execution and results of these funds, the paper highlights the symbiotic relationship between investment in sustainable transport and economic progress in different regions of Romania. The research uses a panel data regression approach to assess the impact of structural funds on regional economic growth. Results prove the positive impact of ESIF investments and reveal a convergence effect between regions, indicating a "catch-up" effect.

Suggested Citation

  • Ana Maria BOCĂNEALĂ & Alexandra-Elvira GHERASIM, 2024. "European funds for sustainable transport and economic growth," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(639), S), pages 197-214, Summer.
    • Handle: RePEc:agr:journl:v:xxxi:y:2024:i:2(639):p:197-214
    as

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    References listed on IDEAS

    as
    1. Geraldine Ang & Virginie Marchal, 2013. "Mobilising Private Investment in Sustainable Transport: The Case of Land-Based Passenger Transport Infrastructure," OECD Environment Working Papers 56, OECD Publishing.
    2. Zhang, Yijia & Cheng, Lu, 2023. "The role of transport infrastructure in economic growth: Empirical evidence in the UK," Transport Policy, Elsevier, vol. 133(C), pages 223-233.
    3. Wang, Chao & Lim, Ming K. & Zhang, Xinyi & Zhao, Longfeng & Lee, Paul Tae-Woo, 2020. "Railway and road infrastructure in the Belt and Road Initiative countries: Estimating the impact of transport infrastructure on economic growth," Transportation Research Part A: Policy and Practice, Elsevier, vol. 134(C), pages 288-307.
    4. Łukasz Mach & Karina Bedrunka & Ireneusz Dąbrowski & Paweł Frącz, 2021. "The Relationship between ROP Funds and Sustainable Development—A Case Study for Poland," Energies, MDPI, vol. 14(9), pages 1-19, May.
    Full references (including those not matched with items on IDEAS)

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