Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/299555 
Year of Publication: 
2023
Series/Report no.: 
JRC Working Papers on Territorial Modelling and Analysis No. 14/2023
Publisher: 
European Commission, Joint Research Centre (JRC), Seville
Abstract: 
Using data from the execution of 2014-2020 cohesion policy, the paper offers a comprehensive analysis of the speed of absorption capacity of European funds by introducing novel metrics. It evaluates absorption capacity considering time performance and distinguishing between national and regional governance models. The study employs a Tobit model to explain the overall speed of absorption and a multinomial regression model to describe the drivers of the thematic area with the highest absorption capacity. Programmes and territorial characteristics are both relevant factors explaining the level of absorption of funds. However, when explaining the thematic area with the highest absorption capacity, programme characteristics are more relevant than territorial ones.
Subjects: 
Cohesion policy
Absorption capacity
European Union
JEL: 
R11
R58
O18
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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