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THE IMPACT OF EU FUNDS ON ROMANIAN ECONOMY

Alin Stelian Dobre
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Alin Stelian Dobre: Ministry of Public Finance, Romania

Journal of Financial and Monetary Economics, 2014, vol. 1, issue 1, 38-48

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.

Keywords: European funds; macroeconomic; co-financing; econometric techniques (search for similar items in EconPapers)
JEL-codes: E1 E5 E6 (search for similar items in EconPapers)
Date: 2014
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