Convergence and Divergence: The Dual Impact of Economic Agglomerations on Development of Microregions. Bihor County study case
Doi: https://doi.org/10.58603/VDUO3149
Rezumat: Economic agglomerations refer to the grouping of companies, services and institutions within a specific geographical area, leading to a growing concentration of economic activities. These agglomerations make it easier not only for the enhanced collaboration between companies, but also the sharing of knowledge and resources. The grouping of economic activities promotes a favourable environment for innovation, collaboration and competitiveness, contributing to the overall productivity of the region. This phenomenon can be observed in urban centers and industrial parks, where synergy between companies and the associated labour pool considerably improves economic performance.
Although economic benefits can feed sustainable growth, the social fabric of local communities can be impacted by the pressures carried out by agglomeration economies. This includes the potential degradation of community ties, cultural identity and social cohesion. As companies dispute resources, microregions can experience increased costs, potentially leading to economic inequalities.
In the county of Bihor, located on the internal EU border separating Romania and Hungary, the economic agglomeration emerged as a critical mechanism that facilitates regional development, such as the interaction of local businesses, labour markets and external economic influences moderate its growth trajectory.