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The Impact of Romania's Accession to the EU. An Analysis of the Effects of Regional Development Policy Through a Multi-regional I-O Model

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  • Bonfiglio, Andrea

Abstract

The aim of this paper is to assess the impact of labour income and employment in Romania which will be produced by rural development and structural policies defined in the proposed 2007-09 financial package related to accession to the EU. The methodology used is based on a multi-regional I-O model derived from a three-stage estimation procedure. The main results show that accession to the EU will lead to great positive effects in Romania, which vary according to the region considered. Regarding these, the Southern and the North-Eastern regions are those in which benefits tend to be concentrated. In all the regions, policy seems to be able to absorb unemployment. Finally, policy gives the impression of reducing regional and sectoral income disparities, leading to a more balanced development. On the contrary, in terms of employment, policy increases divergences, albeit, at a regional level, there is a general tendency towards a reduction of sectoral disparities.

Suggested Citation

  • Bonfiglio, Andrea, 2006. "The Impact of Romania's Accession to the EU. An Analysis of the Effects of Regional Development Policy Through a Multi-regional I-O Model," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 7(2), pages 1-15, July.
    • Handle: RePEc:ags:aergaa:44112
    DOI: 10.22004/ag.econ.44112
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    Cited by:

    1. Andrea Bonfiglio & Roberto Esposti & Francesco Pagliacci & Franco Sotte & Beatrice Camaioni, 2014. "Regional Perspectives and Distributional Effects of European Regional Policies. WWWforEurope Working Paper No. 66," WIFO Studies, WIFO, number 47499, March.
    2. Bonfiglio, Andrea & Esposti, Roberto, 2011. "Assessing the Economic Impact of an Agricultural Project in a Petroleum-Exporting Country. The Case of Palm Oil in the Republic of Congo," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114260, European Association of Agricultural Economists.
    3. Bonfiglio, Andrea & Camaioni, Beatrice & Esposti, Roberto & Pagliacci, Francesco & Sotte, Franco, 2015. "Distributional and Re-distributional Patterns of CAP Expenditure through the EU Space," 2015 Fourth Congress, June 11-12, 2015, Ancona, Italy 207273, Italian Association of Agricultural and Applied Economics (AIEAA).
    4. Bonfiglio, A. & Camaioni, B. & Coderoni, Silvia & Esposti, Roberto & Pagliacci, F. & Sotte, F., 2015. "Distribution and re-distribution of CAP expenditure throughout the EU," 2015 Conference, August 9-14, 2015, Milan, Italy 211364, International Association of Agricultural Economists.
    5. Bonfiglio, Andrea & Esposti, Roberto, 2016. "Analysing the economy-wide impact of the supply chains activated by a new biomass power plant. The case of cardoon in Sardinia," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 5(1), pages 1-22, April.
    6. A. Bonfiglio & B. Camaioni & S. Coderoni & R. Esposti & F. Pagliacci & F. Sotte, 2016. "Where does EU money eventually go? The distribution of CAP expenditure across the European space," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 43(4), pages 693-727, November.

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