Publisher:

Instytut Rozwoju Wsi i Rolnictwa Polskiej Akademii Nauk

Place of publishing:

Warszawa

Type of object:

Journal/Article

Abstract:

This paper analyzes the evolution of the Romanian regions during transition under the influence of foreign direct investments (FDI), using efficiency calculations of the macroeconomic indicators. The methodology developed by Romanu & Vasilescu [1993] was chosen because it directly reflects the contribution of the investments into the evolution of macroeconomic indicators and the way in which FDI influenced that evolution. The ratio between the variation of the indicators of effort and effects shows the efficiency and the progress of an effect indicator for every additional value of effort. The level of FDI was adopted to serve as the indicator of effort, whereas gross domestic product (GDP), gross value added (GVA) and formation of gross fixed capital (FGFC) were adopted as the indicators of effect. In the light of such assumptions the evolution of Romanian economic development regions is characterized by huge disparities. The most obvious is the disparity between Bucharest and the rest of the regions. FDI had a strong positive influence on the macroeconomic indicators but the activity became efficient only after 2000.

References:

Romanu I., Vasilescu I., 1993: Eficienta economica a investitiilor si a capitalului fix. Didactica si Pedagigica, Bucuresti, Romania.
Voicilas D.M., 2005: Special study – Foreign direct investment in South-East Europe – overview on Romania and Bulgaria (Studium specjalne – Bezpośrednie inwestycje zagraniczne w Europie Południowo-Wschodniej – omówienie sytuacji w Rumunii i Bułgarii). W: Inwestycje Zagraniczne w Polsce. Raport roczny. Red. J. Chojna. Instytut Badań Handlu Zagranicznego. Warszawa: 208–229.
Voicilas D.M., 2006: FDI' Concentration – a territorial and sectoral analysis in Romania (Koncentracja BIZ – analiza terytorialna i sektorowa w Rumunii). W: Inwestycje Zagraniczne w Polsce. Raport roczny. Red. J. Chojna. Instytut Badań Handlu Zagranicznego, Warszawa.
Voicilas D.M., 2010: Regional disparities in Romania – an analysis on the foreign direct investments efficiency. Multifunctional Agriculture and Rural Development (V) – Regional specificities (Różnice regionalne w Rumunii – analiza efektywności bezpośrednich inwestycji zagranicznych, Rolnictwo wielofunkcyjne i rozwój obszarów wiejskich (V) – Specyfika regionalna). Instytut Ekonomiki Rolnictwa, Belgrad, Serbia.

Relation:

Wieś i Rolnictwo

Issue:

2 (151)

Start page:

30

End page:

41

Detailed Resource Type:

Artykuł

Resource Identifier:

oai:rcin.org.pl:242065 ; doi:10.53098/wir.2011.2.151/02 ; 0137-1673 (print); 2657-5213 (on-line)

Source:

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Language:

pl

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at:

Digitizing institution:

Institute of Rural and Agricultural Development of the Polish Academy of Sciences

Original in:

Library of the Institute of Rural and Agriculture Development of the PAS

Projects co-financed by:

"Development of scientific journals" program - Ministry of Science and Higher Education (project number RCN/SP/0473/2021/1)

Access:

Open