POSSIBILITIES TO QUANTIFY THE IMPACT OF COHESION POLICING AT THE LEVEL OF THE EU STATES

Mihaela Mihai (), Daniela-Ioana Manea, Emilia Titan and Aida Catana

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2020, vol. 14, issue 1, 212-229

Abstract: The Structural and Cohesion Funds have evolved with the need for states for funding, relative to the general European framework, with several stages of simplification, in order to facilitate their management and access at national and regional level. Pursuing objectives at EU level is largely compatible with reducing regional disparities, in the sense that, for example, supporting innovation or sustainable development in less developed regions is an important means of achieving this goal. Closer links to the overall EU policy agenda also underline the fact that cohesion policy does not focus exclusively on less developed regions, but supports investment in all regions, with a view to promoting common EU objectives. In addition to the goal of reducing regional disparities, cohesion policy has come to be more closely aligned with the EU's overall policy agenda. In order to assess the impact of the effects of the implementation of the projects financed through the Cohesion Policy instruments 2007-2013 at the level of the European Union states, a composite indicator called the Cohesion Policy Impact Measurement Index 2007-2013 (IMIPC) was built. Verification of the objectives taken into account in the construction of this Cohesion Policy Impact Measurement Index 2007-2013 was an analysis of the correlation between it and the Gross Domestic Product, the level of GDP of a country being considered a predictor of the impact of cohesion policy.

Keywords: structural funds; cohesion policy; economic development; multivariate analysis; composite indicator (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:14:y:2020:i:1:p:212-229

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