@article{marinas2016spotlight,
  title = {Spotlight on Factors Influencing the Absorption Rate of EU Funds in Romania},
  author = {Laura Elena MARINAS and Eugen PRIOTEASA},
  year = 2016,
  url = {https://ibimapublishing.com/articles/JEERBE/2016/500580/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2016 (2016),
  pages = 12,
  doi = 10.5171/2016.500580,
  abstract = {This paper aims to analyze the factors influencing the absorption of EU funds under cohesion policy, in particular the administrative capacity related factors. Analysis of the absorption rate has a significant importance since it measures the capacity of a state or region to make effective and efficient use of the funding available under cohesion policy which is considered the most important EU investment policy, in particular in new member states. The authors used a genuine decomposition formula of absorption rate to identify the supply side and demand side administrative factors influencing absorption and applied it to the case of Romania’s Operational Programs funded during 2007-2013 under Convergence Objective. The results obtained allowed the authors to reveal the main administrative weaknesses explaining why Romania has very low absorption rate; the bottlenecks identified should be lessons learnt and should be properly addressed by Romanian policy makers for 2014-2020 programming period.},
  keywords = {absorption capacity, EU cohesion policy, structural funds, administrative absorption capacity},
  note = Article ID: 500580
}