 HUNGARIAN-ROMANIAN CROSS-BORDER ECONOMIC CO-OPERATIONRegion et Developpement, 2003, vol. 18, 13-30 Abstract: The differences in the transformation process have resulted in a diverging economic development in Hungarian and Romanian regions while their contacts have intensified. The less developed part of a more developed country meets the more developed part of a lesser-developed country. A firm- survey carried out on the two sides of the border between Hungary and Romania shows that firms take advantage of the closeness of the other region, at least in terms of foreign trade. We find no evidence for the migration of the workforce from the lower-salary region toward the higher-salary one. The sample supports the hypothesis that Hungarians from the border region invest in the nearby Romanian region. Although the time of EU accession is far away compared to the time-horizon of firms, substantial changes can be foreseen for the time when Hungary becomes a member but not Romania. Hungary may lose its attractive- ness for Romanian firms as a bridgehead and easily accessible country. Keywords: REGIONAL DEVELOPMENT; ROMANIA; HUNGARY; TRADE; FDI; CO-OPERATION; EU-ENLARGEMENT (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:tou:journl:v:18:y:2003:p:13-30 Access Statistics for this article More articles in Region et Developpement from Region et Developpement, LEAD, Universite du Sud - Toulon Var Contact information at EDIRC. |
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