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The Impact Of Eu Funds On Romanian Economy

Author

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  • DOBRE, Alin Stelian

    (Ministry of Public Finance, Romania)

Abstract

This study analyzes the influence of European funds on growth and multiplier of funds that bring added value in economy. We perform a quarterly database of European funds attracted during 2007-2014 detailed on agricultural and structural funds. It is describe in detail: 1) Communitarian Budget, 2) National Budget, 3) European Funds, 4) The financial perspective, 5) Absorption of funds. We present in detail budget and cash flow of European and national co-financing. We apply econometric techniques to show the influence of European funds on GDP and their forecast for the next years. We will use quantitative forecasting methods, extrapolation methods, Box-Jenkins methods of control.

Suggested Citation

  • DOBRE, Alin Stelian, 2014. "The Impact Of Eu Funds On Romanian Economy," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 1(1), pages 38-48.
    • Handle: RePEc:vls:rojfme:v:1:y:2014:i:1:p:38-48
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    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf_jfme/vol1i1p38-48.pdf
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    Citations

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    Cited by:

    1. Alexandru Manole & Diana Dumitrescu & Daniel Dumitrescu, 2016. "Impact of EU funds absorption in ensuring macro stability," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 30-35, September.
    2. Alexandru MANOLE & Diana Valentina Dumitrescu & Daniel Ioan Dumitrescu, 2017. "Economic Potential Of Investments In Research – Development – Innovation For Accelerating Gdp Growth In Romania," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 147-154, May.

    More about this item

    Keywords

    European funds; macroeconomic; co-financing; econometric techniques;
    All these keywords.

    JEL classification:

    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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