Original article International Economics

The impact of European Union funds on the economies of the Central and Eastern European countries

Kalina Durova - South-West University "Neofit Rilski"
Received: 07 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 1/2018
JEL F43 O47 F15 E23
DOI https://doi.org/10.56497/etj1863104

Abstract

The impact of the rate of absorption of EU funds on the rate of short-term economic growth, the rate of employment and the unemployment rate in the countries in Central and Eastern Europe in the period 2008-2015 is analyzed. A regression analysis of panel data is performed, following the least squares method (LSM). The results of the analysis show that the rate of absorption of EU funds has no statistically significant effect on the rate of short-term economic growth and the employment rate in the countries of this region, but that it affects the unemployment rate in them.

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