Beyond financial proxies in Cohesion Policy inputs’ monitoring: A system dynamics approach

Cunico, Giovanni; Aivazidou, Eirini; Mollona, Edoardo

doi:10.1016/j.evalprogplan.2021.101964

Cited by 6 publications

(3 citation statements)

References 40 publications

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“…Several solutions can be implemented at the CP system structure (e.g., limiting the regional cofinance reduction or the retrospective projects' use) or at the LMAs' mental model layer. From this latter perspective, there is a need to intervene indicatively by introducing new key performance indicators (Cunico et al, 2021). However, the root solution appears to be the creation of tighter relationships among the implementation agents, ranging from a “simple” reform of the decommitments' mechanism to a more complex revision of the CP framework, entailing a radical change in the implementation paradigm.…”

Section: Discussionmentioning

confidence: 99%

Decision‐making traps behind low regional absorption of Cohesion Policy funds

Cunico

Aivazidou

Mollona

2022

European Policy Analysis

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Within European Cohesion Policy, some regions manifest chronic problems with absorbing structural funds, probably due to inadequate administrative capacity. Despite the continuous assistance to improve capacity and the accumulation of learning and experience, poor performances still persist in some territories, rendering the initial explanation partial. By collecting (reports' analysis and field research), consolidating (grounded theory), and mapping (system dynamics) two Italian regions with contrasting absorption performance, this study investigates how regional authorities may be trapped in systemic decision-making structures that prioritize short-term outcomes perpetuating low absorption rates. Within a multilevel-governance context, we suggest that these decision-making traps stem from the discrepancy between European and local policy-makers' mental models; although European policies aim to promote timely absorption, sometimes they fail to acknowledge local authorities' actual agenda and may unintentionally prompt regions to overemphasize short term funds' expenditure instead of improving administrative capacity in the long term.

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Section: Discussionmentioning

confidence: 99%

Decision‐making traps behind low regional absorption of Cohesion Policy funds

Cunico

Aivazidou

Mollona

2022

European Policy Analysis

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“…According to Kersan-Škabić and Tijanić (2017), it is evident that some studies have attempted to capture the comprehensive relationship between administrative capacities, political governance, and the implementation of projects funded by the EU. Cunico et al (2021) emphasize that there is no adequate model for monitoring and analyzing the impact of EU funds on regional development, and that this depends on a range of factors. Conversely, Maras (2022) confirm that there is a significant connection between European funding and reduction in regional disparities, especially when including regional and local authorities in the processes (Marcu et al 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Application of Successful EU Funds Absorption Models to Sustainable Regional Development

Šostar,

Ristanović,

de Alwis

2023

Economies

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The research paper comprehensively and consistently addresses all relevant theoretical areas related to the topic and includes an extensive empirical analysis of the absorption of EU funds and their impact on the sustainable development of Croatia, Slovenia, Hungary, and Poland. The analysis aims to investigate the efficiency of the absorption of funds from the EU, the impact of these funds on regional development of countries, and the reasons for such impacts. The “Regional Development Model Based on EU Funds” was tested with the aim of applying the model to the Republic of Croatia, countries in the region, and other European countries, to achieve a higher level of absorption of financial resources from the available EU funds. Data for the empirical analysis were collected using a highly structured survey questionnaire completed by a sample of 244 respondents involved in the preparation and implementation of EU-funded projects. The contribution of economic science in theoretical terms arises from the development of scientific knowledge and ideas about the importance of increasing the number of development projects that will increase the absorption of funds from the European Union, thereby increasing economic activities in Croatia and the region. The expected contribution of economic science in the applied sense is based on the formulation of the “Regional Development Model Based on EU Funds”, which is based on the application of knowledge, good practices, and stakeholder experiences, considering relevant indicators from available sources. The greatest contribution is demonstrated through testing the “Regional Development Model Based on EU Funds”, which is applicable to the Republic of Croatia, countries in the region, and other European countries over a longer period. Finally, research into the impact of EU funds on the regional development of recipient countries is considerably less represented and very modest, and is only in the “upswing” of systematic scientific research. The research aims to fill the gaps in research and to encourage the thinking of key stakeholders responsible for regional development, who should eventually realize the importance of defining a regional policy aimed at EU funds as a key to regional development and reducing regional disparities within countries.

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“…The study by Crescenzi et al (2019) describes the local benefits of an EU payment. An analysis of these benefits, extended to include cohesion policy, can be found in the work of Cunico et al (2021). Very interesting research from the point of view of econometric modeling of EU funds issues can also be found in the work of Cardenete and Delgado (2015).…”

Section: Rop Payments and Their Impact On The Economymentioning

confidence: 99%

Effect of Structural Funds on Housing Market Sustainability Development—Correlation, Regression and Wavelet Coherence Analysis

Mach¹

2021

Risks

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Effective acquisition of funds, including European Union (EU) funds, designated for example, creating economic and social processes, may have a real impact on the elimination of the negative outcomes of the current position of the EU on the global scale. The aim of the research is to indicate the impact of spending funds from the Regional Operational Program of the Opolskie Voivodeship 2014–2020 (ROP OV) on a key macroeconomic area of the economy, i.e., the housing development sector in the region. The practical aim is to formulate recommendations and solutions that can offer guidelines for more effective spending of EU funds and their effect on the macroeconomic dimensions of the economy. The article proposes an innovative approach to linking EU payments in the region with the real estate market. The results of the research and the analyses made on this basis showed a positive impact of the payments made from the ROP OV on selected macroeconomic indicators, i.e., the number of permits issued for the construction of new apartments and the number of currently implemented housing investments. The obtained results should be used in the decision-making process at the level of regional and national authorities responsible for the payment of EU funds. In this article, prior to the research process, a literature review was made. It covered various aspects of the evolution and development of research in the area of regional development. The research process was based on innovative methods of time variability analysis, correlation between the investigated determinants and coherence analysis for the studied dimensions. Data on payments from the ROP OV concern the years 2015–2020.

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Beyond financial proxies in Cohesion Policy inputs’ monitoring: A system dynamics approach

Cited by 6 publications

References 40 publications

Decision‐making traps behind low regional absorption of Cohesion Policy funds

Decision‐making traps behind low regional absorption of Cohesion Policy funds

Application of Successful EU Funds Absorption Models to Sustainable Regional Development

Effect of Structural Funds on Housing Market Sustainability Development—Correlation, Regression and Wavelet Coherence Analysis

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