COMPARATIVE ASSESSMENT OF EFFICIENCY IN ATTRACTING EUROPEAN FUNDS BY REGIONS OF EASTERN EUROPEAN COUNTRIES

Journal Title: CES Working Papers - Year 2015, Vol 7, Issue 2

Abstract

In the current decentralization reforms and severe budget constraints faced by Eastern European countries, we consider as imperative to analyze the effectiveness of structural funds management at regional level. Therefore, the purpose of this study was to estimate the technical efficiency of attracting structural funds by the regions in Poland, Bulgaria and Romania, determining the factors that influence efficiency and its implications for local development. The calculations were based on the mathematical model Data Envelopment Analysis, the main source of data being EUROSTAT. The estimates confirm the strong need for systemic reforms in the organization and operation of the development regions: modification of current transfer system, strengthen financial autonomy and solve the problem of excessive fragmentation of administrative-territorial structure, all having a negative impact on the efficiency of absorption of European funds developing regions of analyzed states.

Authors and Affiliations

Dan LUPU, Mircea ASANDULUI

Keywords

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  • EP ID EP95424
  • DOI -
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How To Cite

Dan LUPU, Mircea ASANDULUI (2015). COMPARATIVE ASSESSMENT OF EFFICIENCY IN ATTRACTING EUROPEAN FUNDS BY REGIONS OF EASTERN EUROPEAN COUNTRIES. CES Working Papers, 7(2), 531-544. https://www.europub.co.uk/articles/-A-95424