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The impact of European Union funds on the economies of the Central and Eastern European countries

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  • Kalina Durova

Abstract

The impact of the rate of absorption of EU funds on the rate of short-term economic growth, the rate of employment and the unemployment rate in the countries in Central and Eastern Europe in the period 2008-2015 is analyzed. A regression analysis of panel data is performed, following the least squares method (LSM). The results of the analysis show that the rate of absorption of EU funds has no statistically significant effect on the rate of short-term economic growth and the employment rate in the countries of this region, but that it affects the unemployment rate in them.

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  • Kalina Durova, 2018. "The impact of European Union funds on the economies of the Central and Eastern European countries," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 95-112.
    • Handle: RePEc:bas:econth:y:2018:i:1:p:95-112
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production

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