THE IMPACT OF COHESION POLICY AND OF MEMBER STATES EFFORT ON COMPETITIVENESS

Carmen Corduneanu and Lect. Rodica Gabriela Blidisel Ph. D
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Lect. Rodica Gabriela Blidisel Ph. D: University of Vest from Timisoara Faculty of Economics and Business Administration Timisoara, Romania

Annals of University of Craiova - Economic Sciences Series, 2010, vol. 2, issue 38, 12

Abstract: To meet the challenges generated by globalization and the technological progress, the European cohesion policy through its financial instruments is a source of competitiveness, as it implements anticipation strategies in terms of research-development, innovation, firms’ competitiveness improvement, economic reorganization, in conditions of ensuring the social composition by creating new jobs. The paper analyzes the impact of EU financial effort combined with public and private national effort on the competitiveness of some European Union member states. Quantitative research carried out by econometric modeling confirms a correlation between the considered states score of competitiveness and the financial resources allocated for the objective Regional competitiveness and employment, the primary role exercised by the public and private sector contribution of states and the need to increase the European funds allocated to improve competitiveness and to achieve a prosperous economy based on knowledge.

Keywords: competitiveness; cohesion; structural funds (search for similar items in EconPapers)
JEL-codes: M21 M29 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2010:i:12:p:250-261

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