Statistical Analysis of Cohesion Funding in the Czech Republic

Mirošník, Karel; Petkovová, Ludmila; Čadil, Jan

doi:10.1016/s2212-5671(14)00365-7

Cited by 4 publications

(2 citation statements)

References 11 publications

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“…On the other hand, some authors Bachtler and Wren (2006), Mendez (2011Mendez ( , 2013, Bachtler and Gorzelak (2007), Mirošník et al (2014), Enguix et al (2012) through exploring the influence of EU funds found thatstructural funds are ineffective. Breidenbach et al (2019) analyse 127 peripheral NUTS 1 regions of the EU-15 in the period 1997-2007 and found the unexpected impact of ESIFstheir contribution to income growth is insignificant or even negative for several peripheral EU regions.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of European structural and investment funds absorption on the regional development in the EU-12 (new member states)

Vukašina¹,

Kersan-Škabić

Orlić

2022

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Research background: European Structural and Investment Funds (ESIF) as the main instruments of cohesion policy (CP) in the EU, provide a broad source of financing opportunities for the EU member states. The biggest amount in the CP budget is oriented to convergence NUTS 2 regions that have GDP p.c. below 75% of the EU average. The new members of the EU (accessed in 2004 and 2007) had available 176.3 billion EUR in the period 2007?2013 and 217 billion EUR in the period 2014?2020. Even the absorption rate (in 2007?2013) of available ESIFs is high (above 90%), the real implications on their economies don?t come automatically and they represent the area for examination. Purpose of the article: The research aims to analyse the impact of ESIFs absorption in EU new member states in the period 2008?2016 on their GDP p.c. Methods: As the sample has time and cross-sectional dimension, the panel data in static and dynamic form is employed. The analysis covers the major part of the financial framework 2007?2013 and a part of financial perspective 2014?2020 (depending on the available data). Findings & value added: The results indicate that increase in ESIF p.c. for 1% will contribute to the GDP p.c. increase for 0.0053 to 0.0064 % (static model) and for 0.008% (dynamic model). Although the impact of ESIFs is significant and positive, it is quite (and unexpectedly) small, and consequently new EU member states should not rely too much on them as the source of economic progress. It is necessary that countries should focus on channeling funds into specific segments (sectors, policies) that will result in increased competitiveness of their economies. The contributions lie in creating GDP p.c. determination function; in including all new EU member states; in including more recent available data and by observing ESIFs as a part of growth model.

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Section: Literature Reviewmentioning

confidence: 99%

Impact of European structural and investment funds absorption on the regional development in the EU-12 (new member states)

Vukašina¹,

Kersan-Škabić

Orlić

2022

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“…According to him, the reason is mainly sufficiency and availability of macroeconomic data. On the other hand, the bad quality and difficulties in obtaining micro-economic indicators are an important obstacle for an adequate assessment of the impact of Structural Fund support on the growth and performance of businesses and regions (Mirošník, et al 2014). …”

Section: Theoretical Backgroundmentioning

confidence: 99%

The Impact of The Structural Funds on Competitiveness of Small and Medium-Sized Enterprises

Vojtovič¹

2016

JOC

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The article deals with the analysis of the use of EU Structural Funds as the main tool of cohesion policy. The cohesion policy aims to reduce economic and social disparities in regional development. A part of that policy is financing of small and medium-sized enterprises from the Structural Funds for the purposes of their impact on the economic development of underdeveloped regions and to increase the competitiveness of small and medium-sized enterprises. The main focus is on determining the effect of EU Structural Funds on competitiveness of SMEs in Slovakia in the programming period 2007-2013. Based on the empirical research, we have analysed the data and we found out how the management of small and medium-sized enterprises assesses the use of EU Structural Funds and their impact on the competitiveness of enterprises managed by them. The results of our analysis and research indicate signs of an inefficient use of financial support from the Structural Funds, which is often directed to solve diverse acute economic problems. However, these funds do not increase their competitiveness.

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