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The Impact Of Structural Funds In Central And Eastern European Countries

Author

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  • Dogaru Dorin-Madalin

    (West University of Timisoara Faculty of Economics and Business Administration)

Abstract

Structural funds are one of the most used instruments of the European Regional policy to promote regional convergence among the member states of the European Union. Nevertheless, because there are theoretical and empirical differences in literature regarding their capacity to promote economic growth in disadvantaged areas, we want to show the way in which central and eastern-European countries, which are subjects of our study (Bulgaria, Poland, Czech Republic, Hungary, Slovenia, Slovakia and Romania), managed to use the funds made available to them in the 2007-2013 budget through three mechanisms: European Development Fund (ERDF), Cohesion Fund (CF) and the European Social Fund (ESF). This paper’s aim is to demonstrate statistically that the funds made available by the European Union were a catalyst for long run economic growth for the central and eastern-European member states.

Suggested Citation

  • Dogaru Dorin-Madalin, 2015. "The Impact Of Structural Funds In Central And Eastern European Countries," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(43), pages 293-305.
    • Handle: RePEc:aio:aucsse:v:2:y:2015:i:43:p:293-305
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    References listed on IDEAS

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    1. Sandy Dall'erba & Julie Le Gallo, 2008. "Regional convergence and the impact of European structural funds over 1989–1999: A spatial econometric analysis," Papers in Regional Science, Wiley Blackwell, vol. 87(2), pages 219-244, June.
    2. Jacky Fayolle & Anne Lecuyer, 2000. "Croissance régionale, appartenance nationale et fonds structurels européens. Un bilan d'étape," Revue de l'OFCE, Programme National Persée, vol. 73(1), pages 165-196.
    3. Bernard G. Funck & Lodovico Pizzati, 2003. "European Integration, Regional Policy, and Growth," World Bank Publications - Books, The World Bank Group, number 15144.
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    More about this item

    Keywords

    Structural Funds; Central and Eastern European Countries; contracting ratio;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

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