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The Impact Of Structural And Cohesion Funds On The Economy Of Bihor County During 2007-2013 Programming Period

Author

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  • Felix-Angel Popescu

    (Doctoral School of Economics, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

Abstract

The author uses TIATOOL model simulations, in order to reveal the potential impact generated by the Romanian Operational Programs 2007-2013 funded projects in Bihor county, on a set of 34 socio-economic indicators, for which individual intensities and weights were estimated by the author, based on the actual numbers of projects, their scope and the amounts of money absorbed by project beneficiaries. The readers should not expect a high impact of Structural and Cohesion funds on the economy of Bihor county, on short term, because these funds, like the rest of community funds, have a very pronounced redistributive role, which means that the dimension of the necessary expenditures for the implementation of projects counterbalances its revenues dimension, the amortization of such investments being made on long term. The novelty of such research is the fact that the Community authorities (in this case the European Commission) investigate the impact of Community funds only at policy level (cohesion, regional development and employment, territorial cooperation) and only in a comparative spectrum between national and regional figures, and the Romanian authorities (the Ministry of European Funds, the Operational Programs Managing Authorities) carry out impact assessments only at national and regional level.

Suggested Citation

  • Felix-Angel Popescu, 2018. "The Impact Of Structural And Cohesion Funds On The Economy Of Bihor County During 2007-2013 Programming Period," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 3(special), pages 74-83, May.
    • Handle: RePEc:ora:jrojbe:v:3:y:2018:i:special:p:74-83
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    File URL: http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2018/05/OJBE_vol-3special_pp74-83.pdf
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    References listed on IDEAS

    as
    1. Cristina LINCARU & Speranta PIRCIOG & Vasilica CIUCÃ & Draga ATANASIU & Beatrice CHIRIAC, 2015. "A Territorial Profile Of Public Expenditures At Lau 2 Level, For 2007-2013 Period In Romania," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 15(1(21)), pages 2014-2213, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Structural; Cohesion; funds; impact; Bihor; economy.;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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