A brief perspective on the regional distribution of SOPHRD financing in Romania Cover Image
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A brief perspective on the regional distribution of SOPHRD financing in Romania
A brief perspective on the regional distribution of SOPHRD financing in Romania

Author(s): Codruţa Mare, Cristian Marius Litan, Irimie Emil Popa
Subject(s): Economy
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: predictors of ESF-SOPHRD financing; GDP per capita, panel data estimation

Summary/Abstract: We examine the hypothesis that richer a region is (here, a Romanian county), larger it is the amount of ESF-SOPHRD financing approved. Such a hypothesis is often invoked as a criticism towards the implementation of European funds. The hypothesis is tested in its most simplistic form, in the sense that the level of development is measured by the GDP per capita of the county. We use panel data estimations on observations corresponding to the period 2008-2010. Our results suggest that GDP per capita, considered in this paper as a proxy for how rich and economically developed a county is, does not represent an important factor per se for the amounts approved to be financed from EU funds. More important appear to be other factors; however, these factors are related in an obvious way to the economical and income status of the county (proxied in this work by the GDP per capita). Some policy implications are addressed based on our results

  • Issue Year: VI/2013
  • Issue No: 2
  • Page Range: 81-98
  • Page Count: 18
  • Language: English