Subventions within the Mining Sector and Regional Economic Development

Annals of the University of Oradea, Economy and Business Administration, TOM XVII, Vol. 2, 2008

8 Pages Posted: 15 Jan 2009 Last revised: 29 Jan 2009

Dorina Nita

University of Petrosani

Imola Driga

University of Petrosani

Date Written: May 29, 2008

Abstract

Romania's pre-accessing condition to the European Union which referred to eliminating all coal mine subventions by 2010, and for all the other mines by 2007, represents a major challenge for the authorities. Analyzing the forms of subventions (operational or investments, explicit or hidden/implicit) and their dimension at the Romanian mining sector level, we are trying to outline as genuinely as possible the part played by subventions in carrying out mining activities, as well as to anticipate the general context of economic development in mono-industrial regions, where mining represent the dominant economic activity.

Keywords: losses, subventions, state budget, economic development, mining industry

JEL Classification: O10, O14, 018

Suggested Citation

Nita, Dorina and Driga, Imola, Subventions within the Mining Sector and Regional Economic Development (May 29, 2008). Annals of the University of Oradea, Economy and Business Administration, TOM XVII, Vol. 2, 2008. Available at SSRN: https://ssrn.com/abstract=1328240

Dorina Nita

University of Petrosani ( email )

20, Str. Universitatii
Petrosani 332006
Romania

Imola Driga (Contact Author)

University of Petrosani ( email )

20, Str. Universitatii
Petrosani 332006
Romania

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