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Bulgaria’s EU Funds Absorption : Maximizing the Potential!

Paliova, Iana - 2014

This paper focuses on EU structural and cohesion funds assistance to Bulgaria during the 2007–13 program period …

Persistent link: https://www.econbiz.de/10014394296

Efficiency-adjusted public capital, capital grants, and growth

Crivelli, Ernesto - 2017

Recent literature has explored the relationship between efficiency-adjusted public capital and economic growth. A debate on whether capital grants, and especially EU funds actually contribute to growth has gained prominence lately. This paper empirically assesses the relationship between the...

Persistent link: https://www.econbiz.de/10011705315

Fiscal Multipliers in Bulgaria : Low But Still Relevant

Muir, Dirk - 2013

With fiscal adjustment proceeding quickly in Bulgaria and given the weak economic growth environment, there is keen … economic activity in Bulgaria using econometric and model-based approaches. While fiscal multipliers have been modest in the …

Persistent link: https://www.econbiz.de/10014395379

Productivity Growth and Structural Reform in Bulgaria : Restarting the Convergence Engine

Pouvelle, Cyril - 2012

Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …

Persistent link: https://www.econbiz.de/10014396587

Productivity growth and structural reform in Bulgaria : restarting the convergence engine

Mitra, Pritha; Pouvelle, Cyril - 2012

Persistent link: https://www.econbiz.de/10009615565

Fiscal multipliers in Bulgaria : low but still relevant

Muir, Dirk; Weber, Anke - 2013

Persistent link: https://www.econbiz.de/10009726547

Structural Funds and the 1992 Program in the European Community

Gordon, James P. F. - 1991

Equity and efficiency justifications are found for the Community’s Structural Funds which are discovered to be carefully targeted at depressed regions, albeit with some horizontal inequities. If Fund transfers displace national assistance, then they may be misallocated by being tied to...

Persistent link: https://www.econbiz.de/10014397871

The fiscal multiplier of European Structural Investment Funds : aggregate and sectoral effects with an application to Slovenia

Durand, Luigi; Espinoza, Raphael - 2021

In this paper, we estimate the aggregate and sectoral fiscal multipliers of EU Structural Investment (ESI) Funds and of public investment at the EU level. We complement these results with a specific application to the case of Slovenia. We first analyze aggregate data and find large and...

Persistent link: https://www.econbiz.de/10012613691

Interpreting EU Funds Data for Macroeconomic Analysis in the New Member States

Sierhej, Robert - 2007

Drawing on a dataset suitable for macroeconomic analysis, the paper provides an overview of the magnitudes, purpose and institutional implications of EU-related transfers to and from the new member states. A rough analysis of accounting identities and first-round effects shows that EU funds may...

Persistent link: https://www.econbiz.de/10014400132

Macroeconomic Effects of EU Transfers in New Member States

International Monetary Fund - 2008

Large inflows from the European Union to the New Member States are likely to significantlyimpact macroeconomic outcomes. In this paper, we use the IMF''s Global Integrated Monetaryand Fiscal model (GIMF) to analyze the impact of the transfers and show the conditionsunder which they would help...

Persistent link: https://www.econbiz.de/10014401741