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The Regional Climate of Foreign Direct Investments in Romania

Author

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  • Raluca Georgiana POPESCU

    (The Bucharest Academy of Economic Studies, Piata Romana, nr. 6, sector 1, Bucuresti, România)

Abstract

The paper aims at identifying the development regions in Romania (corresponding to NUTS III classification), which have similar patterns regarding the investment environment and how these similarities evolved from 2006 to 2008, one year before and one year after becoming a member of the European Union, respectively. Using a cluster analysis technique, we found that the regional disparities increased. In 2008, the areas that contained agglomerations of foreign direct investments attracted even more foreign capital than in 2006 (the capital region and the Western regions) and the areas that lacked investments before are now even more behind the leading regions (the Eastern and Southern regions).

Suggested Citation

  • Raluca Georgiana POPESCU, 2011. "The Regional Climate of Foreign Direct Investments in Romania," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 8, pages 321-330, December.
    • Handle: RePEc:aic:revebs:y:2011:i:8:popescur
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    References listed on IDEAS

    as
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    Cited by:

    1. Cristian Busu & Mihail Busu, 2017. "The Role of Knowledge Intensive Business Services on Romania’s Economic Revival and Modernization at the Regional Level," Sustainability, MDPI, vol. 9(4), pages 1-15, March.

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    More about this item

    Keywords

    foreign direct investments; Regional disparities; Agglomerations;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • F2 - International Economics - - International Factor Movements and International Business
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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