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Macroeconomic Analysis Of The Cohesion Fund In Central And Eastern Europe At Regional Level

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  • Ligia HADASA PRICOPIUC

    (Doctoral School of Economics and Business Administration, Faculty of Economics and Business Administration, West University of Timisoara, Timisoara, Romania)

Abstract

European funds and their impact at regional level have gained significant attention because there is a desire to distribute funds as efficiently as possible and in such a way that regions benefit in proportion to their needs. The Cohesion Fund is the main instrument for supporting economic, social, and territorial development. However, the issue has been debated many times and no consensus has been reached. Some believe that the Cohesion Fund supports regional development, while others disagree. This paper therefore analyzes the impact of the Cohesion Fund on NUTS2 regional development in 11 countries in Central and Eastern Europe and how it achieves or fails to achieve its overall objective. The results show that an increase in the Cohesion Fund contributes to an increase in the composite indicator, which shows the result of the overall objective. In our analysis, the Cohesion Fund has a positive and significant impact on regional development and succeeds in achieving its overall objective.

Suggested Citation

  • Ligia HADASA PRICOPIUC, 2025. "Macroeconomic Analysis Of The Cohesion Fund In Central And Eastern Europe At Regional Level," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 34(2), pages 54-62, December.
    • Handle: RePEc:ora:journl:v:34:y:2025:i:2:p:54-62
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    References listed on IDEAS

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    1. Becker, Sascha O. & Egger, Peter H. & von Ehrlich, Maximilian, 2012. "Too much of a good thing? On the growth effects of the EU's regional policy," European Economic Review, Elsevier, vol. 56(4), pages 648-668.
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    Keywords

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    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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