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

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 t...

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Bibliographic Details
Published in:Finance : challenges of the future 2017-11, Vol.1 (19), p.19-26
Main Authors: Gheorghe MATEI, Elena Mădălina OPRIȚESCU
Format: Article
Language:English
Subjects:
absorption rate
regional development
SPSS
structural funds
Online Access:Get full text
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Summary: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.
ISSN:1583-3712
1583-3712