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Empirical analysis of foreign direct investments at NUTS 2 region, in European Union and Romania

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  • Antonescu, Daniela

Abstract

Foreign Direct Investment (FDI) plays an important role in the development of national and regional economies and it has been considered a force for European Union integration, especially for developing regions. More, the FDI represent a key-tool for sustain development and economic growth at regional/local level. Foreign firms bring new technologies, knowledge and management skills, and local firms can learn from this. Therefore, the presence of foreign firms can improve region’s competitiveness, but fears can also be raised that foreign competitors crowd out local firms, and a net positive effect on the regional economy cannot be taken for granted. The understanding FDI determinants for development regions represent a field of interest both policy makers and investors because they are a particularly driven to market globalization. This study provides an empirical analysis of FDI at regional level (NUTS 2 regions) in European Union and Romania.

Suggested Citation

  • Antonescu, Daniela, 2015. "Empirical analysis of foreign direct investments at NUTS 2 region, in European Union and Romania," MPRA Paper 65140, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:65140
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    References listed on IDEAS

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    2. Antonescu, Daniela, 2012. "Identificarea Disparitatilor Si Convergentei Economice Regionale În Uniunea Europeana Si În România," Studii Economice 120528, Institutul National de Cercetari Economice (INCE).
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    5. Paul Krugman, 1992. "Geography and Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262610868, April.
    6. Georgescu, George, 2007. "Current Account Deficits and Implications on Country Risk of Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(4), pages 88-96, December.
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    8. Head, C. Keith & Ries, John C. & Swenson, Deborah L., 1999. "Attracting foreign manufacturing: Investment promotion and agglomeration," Regional Science and Urban Economics, Elsevier, vol. 29(2), pages 197-218, March.
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    Cited by:

    1. Vladislav Spitsin & Aleksandr Mikhalchuk & Lubov Spitsina & Nataliya Tyuleneva & Darya Novoseltseva, 2016. "Social Results of Domestic and Foreign Firms: Case Manufacture of Transport Equipment in Russia," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 147-153.
    2. Melichová Katarína & Melišková Ina & Palšová Lucia, 2018. "Land Withdrawal Vs. Regional Development: Does Withdrawal of Agricultural Land Lead to Increase in Entrepreneurial Activity and Generate Positive Spatial Spillovers? (Slovak Republic)," European Countryside, Sciendo, vol. 10(4), pages 590-613, December.
    3. Udi Joshua, 2020. "Accounting for the Determinants of FDI Inflow in Nigeria amidst Global Oil Price Shock and Economic Recession," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(3), pages 30-38, September.

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    More about this item

    Keywords

    regional development; foreign direct investments; economic disparities;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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