The Impact of EU Funds on Regional Economic Growth of the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F19%3A10392723" target="_blank" >RIV/00216208:11230/19:10392723 - isvavai.cz</a>
Alternative codes found
RIV/00216224:14560/19:00109197
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=s.wPntygi9" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=s.wPntygi9</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Impact of EU Funds on Regional Economic Growth of the Czech Republic
Original language description
This research paper aims to estimate the impact of European Structural and Investment Funds (ESIF) on economic growth of the Czech Republic during the period 2004-2015 using panel data regression techniques. ESIF are instruments of European economic and social cohesion policies. The primary goal of these policies is to foster economic growth and convergence among the member states of the European Union through the reallocation of financial resources from ESIF. During 2004-2015, the Czech Republic was involved in three programming periods in which projects of an approximate value of 939 billion CZK were supported and implemented. The contribution from ESIF was approximately 757 billion CZK while 182 billion CZK were allocated from national resources. Besides the standard panel data regression techniques like pooled OLS or FE, a spatial panel data econometric method is employed. Evidence of this research shows a positive relationship between ESIF and economic growth of NUTS3 regions of the Czech Republic. Furthermore, the results also suggest economic convergence among NUTS3 regions of the Czech Republic.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Finance a úvěr
ISSN
0015-1920
e-ISSN
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Volume of the periodical
69
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
19
Pages from-to
76-94
UT code for WoS article
000459682900003
EID of the result in the Scopus database
2-s2.0-85067548782