European funds for sustainable transport and economic growth

Abstract

The study demonstrates how European Funds can play a key role in developing infrastructure, promoting green transport alternatives and influencing regional economic growth. Assessing the allocation, execution and results of these funds, the paper highlights the symbiotic relationship between investment in sustainable transport and economic progress in different regions of Romania. The research uses a panel data regression approach to assess the impact of structural funds on regional economic growth. Results prove the positive impact of ESIF investments and reveal a convergence effect between regions, indicating a "catch-up" effect.

Keywords

• european funds
• development region
• sustainable transport
• green transport
• sustainable development