LAPSE:2020.0492
Published Article
LAPSE:2020.0492
The Profile of the Foreign Investor in the Romanian Chemical Industry
Iulia Iuga, Aniela Danciu, Imola Drigă
May 22, 2020
The main aim of this study is to build the investor’s profile in the Romanian chemical industry and to highlight the factors that influenced the decision of investing in Romania rather than other Central Eastern European countries. The data collection was performed in June 2019 and the list of the 150 foreign companies from the chemical industry was obtained from The National Trade Register Office. Data used in this research were collected using a questionnaire. Dependent variable represents the probability of investing in Romania, with the option of the other Central and Eastern European countries as reference group. The main part of our analysis focus on this question: “Which were the reasons that made you decide invest in Romania?” For analysis, a number of six main classes are used: Infrastructure, labor force, Agglomeration factors, Knowledge, Market Size and Cost factors (as independent variables). Main results consist in the presence of three factors with a positive impact. The paper also highlights that the main advantage considered by a foreign investor in Romania is represented by the cheap labor force. As a secondary conclusion, companies are also interested in other factors that are mentioned in the paper.
Keywords
chemical industry, factor analysis, foreign direct investments (FDI), the investor profile
Suggested Citation
Iuga I, Danciu A, Drigă I. The Profile of the Foreign Investor in the Romanian Chemical Industry. (2020). LAPSE:2020.0492
Author Affiliations
Iuga I: Department of Finance, “1 Decembrie 1918” University of Alba Iulia, 510009 Alba Iulia, Romania
Danciu A: Department of Statistics and Econometrics, Bucharest Academy of Economic Studies, 010374 Bucharest, Romania
Drigă I: Department of Economics, University of Petroşani, 332006 Petroşani, Romania
Journal Name
Processes
Volume
8
Issue
3
Article Number
E348
Year
2020
Publication Date
2020-03-18
Published Version
ISSN
2227-9717
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Original Submission
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PII: pr8030348, Publication Type: Journal Article
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LAPSE:2020.0492
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doi:10.3390/pr8030348
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May 22, 2020
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CC BY 4.0
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[v1] (Original Submission)
May 22, 2020
 
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May 22, 2020
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Original Submitter
Calvin Tsay
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