Money talks, but can it run? Assessing the territorial dynamics of EU funds absorption capacity

Anabela Marques Santos (anabela.marques-santos@ec.europa.eu), Andrea Conte and Francesco Molica (francesco.molica@ec.europa.eu)
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Anabela Marques Santos: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Francesco Molica: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No 2023-14, JRC Working Papers on Territorial Modelling and Analysis from Joint Research Centre

Abstract: Using data from the execution of 2014-2020 cohesion policy, the paper offers a comprehensive analysis of the speed of absorption capacity of European funds by introducing novel metrics. It evaluates absorption capacity considering time performance and distinguishing between national and regional governance models. The study employs a Tobit model to explain the overall speed of absorption and a multinomial regression model to describe the drivers of the thematic area with the highest absorption capacity. Programmes and territorial characteristics are both relevant factors explaining the level of absorption of funds. However, when explaining the thematic area with the highest absorption capacity, programme characteristics are more relevant than territorial ones.

Keywords: Cohesion policy; Absorption capacity; European Union (search for similar items in EconPapers)
Date: 2023-12
New Economics Papers: this item is included in nep-eur, nep-geo, nep-inv, nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:termod:202314

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