Correlation between public funding and non-ferrous industry. Evidence from CEE and Romania
Correlation between public funding and non-ferrous industry. Evidence from CEE and Romania
Author(s): Brîndușa SterpuSubject(s): National Economy, Business Economy / Management, Transformation Period (1990 - 2010), Present Times (2010 - today), EU-Accession / EU-DEvelopment, Public Finances
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Public funding; 2007-2013 EU funds; Non-ferrous industry;
Summary/Abstract: The paper aims at presenting important approaches of the influence of the public funding to industry, especially non-ferrous, in the Countries from Eastern Europe (CEE) and Romania. Studies presented in the paper show that the industry funding had been sustained by the European Commission in the community area, but particularly in CEE area. The impact of industry funding will never be exactly measured, but important data can be presented in order to foresee the future development of the European industry. Specific for non-ferrous industry, in the article there are presented important items, as turnover, value added cost, exports, production, which are correlated to EU funds absorption in order to measure the efficiency of the public funding for 2007-2013 period (national and EU funds) and the welfare of the CEE and Romanian non-ferrous sector.
Journal: Network Intelligence Studies
- Issue Year: 4/2016
- Issue No: 08
- Page Range: 117-123
- Page Count: 7
- Language: English