Absorption Capacity of European Union Pre-accession Programs in Croatia
AbstractThe utilization of European Union (EU) financial assistance is one of the central issues for Member States, as well as Candidate Countries like Croatia. In order to fully gain from the allocated resources of the EU budget, each country needs an adequate absorption capacity (AC). This article is about the absorption capacity of EU pre-accession programs in Croatia. The absorption capacity of EU pre-accession assistance is seen from two theoretical standpoints: the first originates from development economics, while the second developed from the theory of multilevel governance (MLG). The purpose of this article is to analyse the factors / determinants of absorption capacity, and the implementation of pre-accession programs in Croatian municipalities. In order to test the relation of AC and implementation (usage) of the EU funds, an empirical multivariable regression model of AC was established. The empirical estimation confirmed the expected positive correlation between the AC and EU funds. Another key issue that was discovered is that AC is very much a dynamic concept in the sense that ability to use EU funds changes over time, in response to a variety of endogenous and exogenous factors. As such, it calls for broader analysis and presents a challenge for further work on the subject.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Institute of Economic Sciences in its journal Economic Analysis.
Volume (Year): 46 (2013)
Issue (Month): 1-2 ()
Contact details of provider:
Postal: 12 Zmaj Jovina St, 11000 Belgrade, Serbia
Phone: +381 11 2622 357, 2623-055
Fax: +381 11 2181 471
Web page: http://www.ien.bg.ac.rs
More information through EDIRC
Absorption capacity of financial assistance; EU pre-accession programs; municipalities; multilevel governance;
Find related papers by JEL classification:
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zorica Bozic).
If references are entirely missing, you can add them using this form.