IDEAS home Printed from https://ideas.repec.org/a/aka/soceco/v30y2008i2p259-274.html
   My bibliography  Save this article

Efficiency or effectiveness? The Hungarian practice of using the EU funds

Author

Listed:
  • Sándor Gyula Nagy

    (Corvinus University of Budapest, Department of World Economy, Budapest, Hungary)

Abstract

Efficiency or effectiveness? It not just the matter of definition. Experts and researchers have to make a difference between the qualitative and quantitative approach. The efficiency of EU subsidies means the ratio of the committed and disposable amount of EU subsidies can be measured, which was used and paid out within the given timeframe and along the legal regulations. The effectiveness of EU subsidies needs a much more complicated and complex approach than efficiency. The effectiveness of usage on a project level can be measured by the ‘added value’ of the project; and on the programme level by the added GDP growth or employment rate. The following research essentially analyses the project level or micro-effectiveness, however, it discusses the results of some macro-analyses as well (qualitative approach).

Suggested Citation

  • Sándor Gyula Nagy, 2008. "Efficiency or effectiveness? The Hungarian practice of using the EU funds," Society and Economy, Akadémiai Kiadó, Hungary, vol. 30(2), pages 259-274, December.
    • Handle: RePEc:aka:soceco:v:30:y:2008:i:2:p:259-274
    Note: The author is member of the OTKA (Hungarian Scientific Research Fund) Research Group of Prof. Tibor Palánkai (NI 68085). The article shows the results of the research in the sub-topic “Efficiency of Cohesion Policy”.
    as

    Download full text from publisher

    File URL: http://akademiai.com/content/au8581885q46145p/fulltext.pdf
    Download Restriction: subscription
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anna Boldizsár & Zsuzsa Kékesi & Péter Koroknai & Balázs Sisak, 2016. "Review of Hungarian EU transfers – at the border of two fiscal periods," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 15(2), pages 59-87.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aka:soceco:v:30:y:2008:i:2:p:259-274. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kriston, Orsolya (email available below). General contact details of provider: https://akademiai.hu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.