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Methods of Quantifying the Impact of Structural Funds Absorption on Regional Development

Author

Listed:
  • Gheorghe MATEI

    (University of Craiova)

  • Elena Mădălina OPRIÈšESCU

    (University of Craiova)

Abstract

More than one third of the total EU budget is spent on the so-called Cohesion Policy through the Structural Funds. Its main purpose is to reduce disparities between EU regions and promote economic growth and convergence. Consequently, the process of convergence of regions and, implicitly, the need to assess the impact of absorption of structural funds on the economy is a matter of great importance. Absorption of structural and cohesion funds is one of the zero-degree priorities of public administration, business, farmers and non-governmental organizations.

Suggested Citation

  • Gheorghe MATEI & Elena Mădălina OPRIÈšESCU, 2017. "Methods of Quantifying the Impact of Structural Funds Absorption on Regional Development," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(19), pages 19-27, November.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2017:i:19:p:19-27
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    References listed on IDEAS

    as
    1. GHEORGHE ZAMAN & Anca CRISTEA, 2011. "EU Structural Funds Absorption in Romania: Obstacles and Issues," Romanian Journal of Economics, Institute of National Economy, vol. 32(1(41)), pages 60-77, June.
    2. Mariana Tomova & Andras Rezessy & Artur Lenkowski & Emmanuelle Maincent, 2013. "EU governance and EU funds - testing the effectiveness of EU funds in a sound macroeconomic framework," European Economy - Economic Papers 2008 - 2015 510, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    3. Gheorghe ZAMAN & George GEORGESCU, 2014. "Structural And Cohesion Funds Absorption In Romania. Balance Of The 2007-2013 Financial Exercise And Lessons For The Current Period," Romanian Journal of Economics, Institute of National Economy, vol. 38(1(47)), pages 49-88, June.
    4. Lisa Maria Dellmuth & Michael F Stoffel, 2012. "Distributive politics and intergovernmental transfers: The local allocation of European Union structural funds," European Union Politics, , vol. 13(3), pages 413-433, September.
    5. Jale Tosun, 2014. "Absorption of Regional Funds: A Comparative Analysis," Journal of Common Market Studies, Wiley Blackwell, vol. 52(2), pages 371-387, March.
    6. Andrej Horvat, 2005. "Financial Absorption Rates in EU Objective 1 1994-99 and Some Lessons for the New Member States in 2004-2006," WIFO Working Papers 259, WIFO.
    7. Zaman, Gheorghe & Georgescu, George, 2009. "Structural Fund Absorption: A New Challenge For Romania?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(1), pages 136-154, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    regional development; structural funds; absorption rate; SPSS;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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