IDEAS home Printed from https://ideas.repec.org/a/rau/journl/v10y2015i4p226-245.html
   My bibliography  Save this article

Is Romania Attractive For Japanese Investors? A Comparative Analysis At The Eu Level

Author

Listed:
  • Iulia Monica OEHLER- ȘINCAI

    (Institute for World Economy of the Romanian Academy)

Abstract

Taking into account Romania’s current economic performance and its fundamentals, as well as the common priorities set up in the Joint Declaration on Renewed Partnership signed in February 2013 between our country and Japan, we consider that there is a vast potential to strengthen the bilateral relationship. In 2014, Japan ranked only the 23th in the hierarchy of foreign investors in Romania, in spite of the opportunities offered to international companies in fields such as: infrastructure development, competitive services (computer and information services, other business services), agriculture and niche high-tech industries. At the EU level, United Kingdom, followed by Germany and France are the priority hosts for the Japanese investments and even new member states such as Poland, Czech Republic and Hungary attract much larger amounts of FDI than Romania from Japan. In view of the future EU-Japan FTA agreement – opening new opportunities for Romania, but concurrently a harsher competition –, in the present paper we try to answer the following questions: Is Romania attractive for Japanese investors? Which are Romania’s strengths and weaknesses as compared to other EU countries? What can be done in order to motivate Japanese companies to invest more in Romania? Our investigation is based on statistics, economic evidences and recent policies influencing the FDI flows and intends to offer new insights into the Japan-Romania relationship.

Suggested Citation

  • Iulia Monica OEHLER- ȘINCAI, 2015. "Is Romania Attractive For Japanese Investors? A Comparative Analysis At The Eu Level," Romanian Economic Business Review, Romanian-American University, vol. 10(4), pages 226-245, december.
  • Handle: RePEc:rau:journl:v:10:y:2015:i:4:p:226-245
    as

    Download full text from publisher

    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI15/REBE-WI15-A21.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wipo, 2014. "Global Innovation Index 2014," WIPO Economics & Statistics Series, World Intellectual Property Organization - Economics and Statistics Division, number 2014:gii, April.
    2. Roberta Capello & Peter Nijkamp (ed.), 2009. "Handbook of Regional Growth and Development Theories," Books, Edward Elgar Publishing, number 12874.
    3. Kenichi Sakura & Takashi Kondo, 2014. "Outward FDI and Domestic Job Creation in the Service Sector," Bank of Japan Working Paper Series 14-E-3, Bank of Japan.
    4. Nijkamp, P. & Abreu, M., 2009. "Regional development theory," Serie Research Memoranda 0029, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    5. Izumi Ohno, 2014. "Japanese Development Cooperation in a New Era: Recommendations for Network-Based Cooperation," GRIPS Discussion Papers 14-15, National Graduate Institute for Policy Studies.
    6. Cowling, Keith & Tomlinson, Philip R, 2000. "The Japanese Crisis--A Case of Strategic Failure?," Economic Journal, Royal Economic Society, vol. 110(464), pages 358-381, June.
    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. Marta Aloi & Joanna Poyago-Theotoky & Frederic Tournemaine, 2018. "Growth and the geography of knowledge," Discussion Papers 2018-04, University of Nottingham, GEP.
    2. Jonathan Jones, 2017. "Agglomeration economies and the location of foreign direct investment: A meta-analysis," Journal of Regional Science, Wiley Blackwell, vol. 57(5), pages 731-757, November.
    3. Thomas Wieland, 2020. "REAT: A Regional Economic Analysis Toolbox for R," REGION, European Regional Science Association, vol. 7, pages 1-57.
    4. Benos, Nikos & Karagiannis, Stelios, 2016. "Do education quality and spillovers matter? Evidence on human capital and productivity in Greece," Economic Modelling, Elsevier, vol. 54(C), pages 563-573.
    5. Yoshihiro Hashiguchi & Kiyoyasu Tanaka, 2015. "Agglomeration and firm-level productivity: A Bayesian spatial approach," Papers in Regional Science, Wiley Blackwell, vol. 94, pages 95-114, November.
    6. Tanaka, Kiyoyasu & Hashiguchi, Yoshihiro, 2017. "Agglomeration economies in the formal and informal sectors : a Bayesian spatial approach," IDE Discussion Papers 666, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    7. Benos, Nikos & Karagiannis, Stelios, 2013. "Do Cross-Section Dependence and Parameter Heterogeneity Matter? Evidence on Human Capital and Productivity in Greece," MPRA Paper 53326, University Library of Munich, Germany.
    8. Iulia Monica Oehler-Şincai, 2016. "Determinants, Goals and Different Approaches of the 16+1 Strategic Cooperation Framework," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 4(2), pages 74-85, November.
    9. Tanaka, Kiyoyasu & Hashiguchi, Yoshihiro, 2015. "Agglomeration effects of informal sector: evidence from Cambodia," IDE Discussion Papers 495, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    10. David C. Maré & Andrew Coleman, 2011. "Patterns of business location in Auckland," Working Papers 11_08, Motu Economic and Public Policy Research.
    11. Hashiguchi, Yoshihiro & Chen, Kuang-hui, 2012. "Assessing agglomeration economies in the Yangzi River Delta, China : a bayesian spatial econometric approach," IDE Discussion Papers 339, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    12. Julián Ramajo & José Manuel Cordero & Miguel Ángel Márquez, 2017. "European regional efficiency and geographical externalities: a spatial nonparametric frontier analysis," Journal of Geographical Systems, Springer, vol. 19(4), pages 319-348, October.
    13. Jesus Felipe & John McCombie, 2012. "Problems with Regional Production Functions and Estimates of Agglomeration Economies: A Caveat Emptor for Regional Scientists," Economics Working Paper Archive wp_725, Levy Economics Institute.
    14. Siemiński, Paweł & Hadyński, Jakub & Poczta, Walenty, 2020. "Diversification Of Human Capital Resources In Rural And Urban Areas In Poland," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2020(1).
    15. Freshwater, David, 2014. "Vulnerability and Resilience: Two Dimensions of Rurality," Staff Papers 174103, University of Kentucky, Department of Agricultural Economics.
    16. Manfred Walser & Roland Scherer, 2012. "How to Improve the Region’s Ability to Learn: A Micro-level Model on Regional Actor's Knowledge and (Informal) Learning Processes," Chapters, in: Knut Ingar Westeren (ed.), Foundations of the Knowledge Economy, chapter 9, Edward Elgar Publishing.
    17. Karima Kourtit, 2017. "Effective Clusters as Territorial Performance Engines in a Regional Development Strategy - A Triple-Layer DEA Assessment of the Aviation Valley in Poland," REGION, European Regional Science Association, vol. 4, pages 39-63.
    18. Roberta Capello & Andrea Caragliu, 2021. "Regional growth and disparities in a post‐COVID Europe: A new normality scenario," Journal of Regional Science, Wiley Blackwell, vol. 61(4), pages 710-727, September.
    19. Ademir Rocha & Fernando Perobelli, 2020. "Spatial distribution of logistics services in Brazil: A potential market analysis," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(1), pages 185-217, February.
    20. Ugo Fratesi & Giovanni Perucca, 2018. "Territorial capital and the resilience of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 241-264, March.

    More about this item

    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:rau:journl:v:10:y:2015:i:4:p:226-245. 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: Alex Tabusca (email available below). General contact details of provider: https://edirc.repec.org/data/ferauro.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.