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The Influence of the Main Endogenous Variables on the Absorption of European Structural and Investment Funds

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  • Florian Marin

    (Academy of Economic Studies, Bucharest, Romania)

  • Laurentiu Ionut Petre

    (The Bucharest University of Economic Studies, Romania)

Abstract

The absorption of structural and investment funds is a constant concern on the part of both the European Commission and the Member States. The absorption process is a complex one, with the Member States recording different performances in terms of absorption, these being based on their management systems. The article addresses the relationship between the effective absorption and the influence of the main endogenous variables at the level of the management system, respectively the pre-financing, the value of the payments to the beneficiaries, and the current absorption. The variables analyzed concerned the Cohesion Policy for the programming period 2014 - 2020 and respectively the period 30.03.2018 - 01.11.2019. Using an econometric model of multiple linear regression type, an influence of 0.58 units in the case of current absorption, 0.26 units in the case of payments to beneficiaries, and 0.19 units in the case of pre-financing were highlighted.

Suggested Citation

  • Florian Marin & Laurentiu Ionut Petre, 2020. "The Influence of the Main Endogenous Variables on the Absorption of European Structural and Investment Funds," International Journal of Sustainable Economies Management (IJSEM), IGI Global, vol. 9(1), pages 24-35, January.
  • Handle: RePEc:igg:jsem00:v:9:y:2020:i:1:p:24-35
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