IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxxiiy2022i1p12-21.html
   My bibliography  Save this article

Do European Funds Contribute to the Sustainable Development of Romania?

Author

Listed:
  • Gabriela-Diana Baraghin

    (Faculty of Economics and Business Administration, Babes-Bolyai University, Cluj-Napoca, Romania)

  • Ioana Beleiu

    (Faculty of Economics and Business Administration, Babes-Bolyai University, Cluj-Napoca, Romania)

Abstract

The social, economic well-being and the sustainability of the planet are European strategic goals that characterize a good standard of living, but often, a successful economy depletes natural resources far beyond limits. The European Union is achieving its objectives by providing European non-reimbursable funds to the member states, thus enabling the development of those states to reduce regional inequalities. The economic growth is an important factor in the economic development of a country, several factors being able to favour this growth, and which can be measured through the gross product per capita. This study focuses on the sustainable development of Romania by measuring two relevant indicators, gross product per capita and the Happy Planet Index in relation to the value of the funds absorbed per capita. This study also identifies the trend line of the correlation between the aforementioned indices and established the intensity through the Pearson correlation coefficient.

Suggested Citation

  • Gabriela-Diana Baraghin & Ioana Beleiu, 2022. "Do European Funds Contribute to the Sustainable Development of Romania?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 12-21, September.
  • Handle: RePEc:ovi:oviste:v:xxii:y:2022:i:1:p:12-21
    as

    Download full text from publisher

    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/2.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Júlia A. Nagy & József Benedek & Kinga Ivan, 2018. "Measuring Sustainable Development Goals at a Local Level: A Case of a Metropolitan Area in Romania," Sustainability, MDPI, vol. 10(11), pages 1-15, October.
    2. Cristina BURGHELEA & Anda GHEORGHIU & Cristiana TINDECHE & Anca GHEORGHIU, 2014. "Global European economic model," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(592)), pages 103-114, March.
    3. repec:agr:journl:v:3(592):y:2014:i:3(592):p:103-114 is not listed on IDEAS
    4. George Georgescu, 2008. "Determinants Of Increasing Eu Funds Absorption Capacity In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(10), pages 1-16.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Janoskova Katarina & Kral Pavol, 2019. "National innovative performance and sustainable development – the case of Slovakia," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 28-37, May.
    2. Pautu Sorina & Dogaru Madalin, 2013. "The Main Deficiencies In The Implementation Of The Sectoral Operational Programme Human Resources Development," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 509-515, July.
    3. Francisco Tomatis & Luisa F. Lozano-Castellanos & Oscar L. García-Navarrete & Adriana Correa-Guimaraes & Maria Sol Wilhelm & Ouiam Fatiha Boukharta & Diana A. Murcia Velasco & José E. Méndez-Vanegas, 2022. "Evaluation of Urban Sustainability in Cities of The French Way of Saint James (Camino de Santiago Francés) in Castilla y León according to The Spanish Urban Agenda," Sustainability, MDPI, vol. 14(15), pages 1-19, July.
    4. repec:ath:journl:tome:30:v:2:y:2013:i:30:p:285-295 is not listed on IDEAS
    5. Mingshun Zhang & Yitong Yang & Chun Xia-Bauer, 2021. "Measuring Urban Low-Carbon Sustainability in Four Chinese Cities," Sustainability, MDPI, vol. 13(21), pages 1-15, November.
    6. Kinga Ivan & József Benedek & Silviu Marian Ciobanu, 2019. "School-Aged Pedestrian–Vehicle Crash Vulnerability," Sustainability, MDPI, vol. 11(4), pages 1-12, February.
    7. Chirculescu Maria Felicia, 2015. "Appearance On European Union Policy On Funding Socio-Economic Development," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 382-387, December.
    8. Francesca Pirlone & Ilenia Spadaro & Cristiana Arzà & Giovanna Lonati & Piero Garibaldi, 2022. "Application Studies for the Implementation of the Sustainability Charter in the Metropolitan City of Genoa," Sustainability, MDPI, vol. 14(8), pages 1-22, April.
    9. Shidong Liu & Peiyi Ding & Binrui Xue & Hongbing Zhu & Jun Gao, 2020. "Urban Sustainability Evaluation Based on the DPSIR Dynamic Model: A Case Study in Shaanxi Province, China," Sustainability, MDPI, vol. 12(18), pages 1-22, September.
    10. Hania Rahma & Akhmad Fauzi & Bambang Juanda & Bambang Widjojanto, 2019. "Development of a Composite Measure of Regional Sustainable Development in Indonesia," Sustainability, MDPI, vol. 11(20), pages 1-16, October.
    11. Claudiu George Bocean, 2012. "Absorption Capacity Of Eu Funds In Romania," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(18), pages 123-130, April.
    12. Lumini?a Zait, 2014. "The Influence Of Formal Communication In The Process Of Accessing European Funds," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 19.
    13. Jiangang Li & Songhong Li & Jun Lei & Xiaolei Zhang & Jianwei Qi & Buayxam Tohti & Zuliang Duan, 2022. "Analysis of Spatial Structure in the Kashgar Metropolitan Area, China," Land, MDPI, vol. 11(6), pages 1-22, May.
    14. Zaman, Gheorghe & Georgescu, George, 2014. "Absorbţia fondurilor structurale şi de coeziune în Romania: bilanţul perioadei 2007-2013 şi lecţii pentru exerciţiul financiar curent [The absorption of structural and cohesion funds in Romania: ba," MPRA Paper 56144, University Library of Munich, Germany.
    15. Pedro-José Martínez-Córdoba & Nicola Raimo & Filippo Vitolla & Bernardino Benito, 2020. "Achieving Sustainable Development Goals. Efficiency in the Spanish Clean Water and Sanitation Sector," Sustainability, MDPI, vol. 12(7), pages 1-13, April.
    16. Anca Simina POPESCU, 2014. "European Funds – Instrument for Economic Stability/Growth," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 190-197, December.
    17. Maria LOGHIN & Loredana Gabriela DINULESCU & Madalina MONCEA, 2023. "Specific Elements of the Implementation of Sustainable Development Goals in the EU and Romania," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 24(5), pages 773-791, December.
    18. Popescu Anca Simina, 2015. "The Absorption Capacity Of European Funds – Concepts," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 119-125, June.
    19. Carlos San Juan Mesonada & Carlos Sunyer Manteiga, 2020. "European Structural and Investment Funds and Regional Convergence: The Impact of Public Deficit in Beta-Convergence," EconPol Working Paper 47, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    20. Iulia PARA & Teodor Gheorghe NEGRUT & Laura Mariana CISMAS, 2019. "Considerations Regarding The Absorption Capacity Of The Structural And Cohesion Funds, The Administrative And Financial Decentralization And The Quality Of The Governing Act In Romania," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 14, pages 115-120, December.
    21. Muhammad Salem & Naoki Tsurusaki & Prasanna Divigalpitiya & Emad Kenawy, 2020. "An Effective Framework for Monitoring and Measuring the Progress towards Sustainable Development in the Peri-Urban Areas of the Greater Cairo Region, Egypt," World, MDPI, vol. 1(1), pages 1-19, April.

    More about this item

    Keywords

    European funds; correlation report; gross domestic product per capita; Happy Planet Index; sustainable development;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xxii:y:2022:i:1:p:12-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.