Possible Methods and Models to Evaluate Absorption and Impact at the Level of the National Strategic Reference Framework
AbstractThe objective of this article is to highlight the main methods that could quantify the impact of the structural funds on the GDP and that could analyze the factors which negatively affect the absorption rate. This analysis is imperative because at this moment, Romania is facing one of the lowest absorption rates. Thus, in almost five years, Romania has managed to absorb only about 4% of the approximately 32 billion euros allocated for the 2007-2013 period. The quantitative assessment should also be accompanied by a qualitative assessment that can capture factors which cannot be measured by the econometric model.
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Finance - Challenges of the Future.
Volume (Year): 1 (2011)
Issue (Month): 13 (December)
strucural fund; absorption rate; economy impact;
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