Regional growth and absorption speed of EU funds: when time isn’t money

Dicharry, Benoit

doi:10.1080/00343404.2022.2092611

Cited by 11 publications

(4 citation statements)

References 28 publications

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“…al., 2013, Maynou, 2014. Dicharry (2021) finds that the size of the effects of EU funds depends on the pace of implementation of the funds. Faster disbursement of funds decreases the effectiveness of the Cohesion Policy and therefore reduces the ability of the funds to stimulate economic growth (Dicharry, 2021).…”

Section: Jel Classification: E21 E41 E58mentioning

confidence: 99%

“…Dicharry (2021) finds that the size of the effects of EU funds depends on the pace of implementation of the funds. Faster disbursement of funds decreases the effectiveness of the Cohesion Policy and therefore reduces the ability of the funds to stimulate economic growth (Dicharry, 2021). Durova (2022), based on an empirical survey, finds that in the short run, funds have a positive effect on the economy in Bulgaria, but overall, she rejects a positive impact (Durova, 2022).…”

Section: Jel Classification: E21 E41 E58mentioning

confidence: 99%

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EDAMBA 2023: Conference Proceedings

2024

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The world is changing. These words from the bestseller The Lord of the Rings now might be applicable to our new economic reality more than on the regular business days. Even though economy appears to be able to bounce back from any major disturbances for now, we face accelerated pace of crises breakouts -wars, rebellions, indebtedness, deterioration of skills, inflation, pandemics. The resilience of the system thus gradually becomes a good study area.

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Section: Jel Classification: E21 E41 E58mentioning

confidence: 99%

Section: Jel Classification: E21 E41 E58mentioning

confidence: 99%

EDAMBA 2023: Conference Proceedings

2024

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“…The literature is full of studies assessing the effect of European Union funds on economic expansion, and development. (Dicharry, 2021). Durova (2022), based on an empirical survey, finds that in the short run, funds have a positive effect on the economy in Bulgaria, but overall, she rejects a positive impact (Durova, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of European Structural and Investment Funds on the Slovak Economy

Jánošková

2024

EDAMBA 2023: Conference Proceedings

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The European Structural and Investment Funds (ESIF) represent a valuable tool of the European Union. EU countries use the funds to finance activities focused on different areas. They are primarily aimed at reducing regional disparities between regions. The objective of this paper is to examine the effect of the European Structural and Investment Funds on economic indicators in Slovakia. To achieve this aim, the paper examines the evolution of economic indicators between the years 2007 and 2021. Secondary data on the drawing of the European Structural and Investment Funds in Slovakia in the period under review are identified. The impact is detected in the paper based on regression and correlation analysis. Established on the correlation and regression analysis outcome, we can argue that there is a dependence between the implementation of ESIF and the economic indicators, although the implementation of the ESIF has a small impact on gross domestic product and unemployment.

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“…In addition, during the financial crisis, EU funds significantly helped in maintaining employment and economic activities (Crescenzi and Giua 2018). Dicharry (2020) and Fratesi and Perucca (2018) noted that EU funds influence the economic growth of individual regions, but not at the same pace. On the other hand, Moreno (2020) noted that the financial crisis led to a decrease in investment and the absorption of funds from EU sources.…”

Section: Literature Reviewmentioning

confidence: 99%

Application of Successful EU Funds Absorption Models to Sustainable Regional Development

Šostar,

Ristanović,

de Alwis

2023

Economies

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The research paper comprehensively and consistently addresses all relevant theoretical areas related to the topic and includes an extensive empirical analysis of the absorption of EU funds and their impact on the sustainable development of Croatia, Slovenia, Hungary, and Poland. The analysis aims to investigate the efficiency of the absorption of funds from the EU, the impact of these funds on regional development of countries, and the reasons for such impacts. The “Regional Development Model Based on EU Funds” was tested with the aim of applying the model to the Republic of Croatia, countries in the region, and other European countries, to achieve a higher level of absorption of financial resources from the available EU funds. Data for the empirical analysis were collected using a highly structured survey questionnaire completed by a sample of 244 respondents involved in the preparation and implementation of EU-funded projects. The contribution of economic science in theoretical terms arises from the development of scientific knowledge and ideas about the importance of increasing the number of development projects that will increase the absorption of funds from the European Union, thereby increasing economic activities in Croatia and the region. The expected contribution of economic science in the applied sense is based on the formulation of the “Regional Development Model Based on EU Funds”, which is based on the application of knowledge, good practices, and stakeholder experiences, considering relevant indicators from available sources. The greatest contribution is demonstrated through testing the “Regional Development Model Based on EU Funds”, which is applicable to the Republic of Croatia, countries in the region, and other European countries over a longer period. Finally, research into the impact of EU funds on the regional development of recipient countries is considerably less represented and very modest, and is only in the “upswing” of systematic scientific research. The research aims to fill the gaps in research and to encourage the thinking of key stakeholders responsible for regional development, who should eventually realize the importance of defining a regional policy aimed at EU funds as a key to regional development and reducing regional disparities within countries.

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Regional growth and absorption speed of EU funds: when time isn’t money

Cited by 11 publications

References 28 publications

EDAMBA 2023: Conference Proceedings

EDAMBA 2023: Conference Proceedings

Impact of European Structural and Investment Funds on the Slovak Economy

Application of Successful EU Funds Absorption Models to Sustainable Regional Development

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