An Analysis of the Efficiency of European Funds

  1. Blanco-Alcántara, David 1
  2. Cámara Payno, Andrea 1
  3. Gallud Cano, Jorge 2
  4. López-de-Silanes, Florencio 3
  1. 1 Universidad de Burgos
    info

    Universidad de Burgos

    Burgos, España

    ROR https://ror.org/049da5t36

  2. 2 Universidad de Valladolid
    info

    Universidad de Valladolid

    Valladolid, España

    ROR https://ror.org/01fvbaw18

  3. 3 U.S. National Bureau of Economic Research (NBER)
Mostrar afiliaciones +
Libro:
Fraud and Corruption in EU Funding
  1. David Blanco Alcántara (dir.)
  2. Fernando García-Moreno Rodríguez (dir.)
  3. Óscar López de Foronda Pérez (dir.)

Editorial: Palgrave Macmillan Cham

ISSN: 2523-336X,  2523-3378

ISBN: 9783031190506,  9783031190513

Año de publicación: 2022

Páginas: 25-55

Tipo: Capítulo de Libro

DOI: 10.1007/978-3-031-19051-3_2 GOOGLE SCHOLAR lock_openAcceso abierto editor

Resumen

The chapter analyses the use and management of the European Structural and Investment Funds, attending to the differences between the countries that carry out them to highlight possible inefficiencies. Taking the EU funds related to the Multiannual Financial Framework 2014–2020, made up by 7.162 projects, the types of funds and their distribution among the countries are analysed through different maps, by comparing budget, decided and spending policies for the projects by each country, with special emphasize the European Regional Development Fund and Cohesion Fund. The paper continues with an empirical research to contrast the hypotheses connected with the efficiency use of funds and indicators that measure the level of transparency and corruption in each country. The results show that the efficiency is higher in northern countries, Finland and Denmark especially, where the levels of transparency are higher and the corruption rates lower.

Referencias bibliográficas

  • Chong, A., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2014). Letter grading government efficiency. Journal of the European Economic Association 12, 277–298.
  • Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A.. (2010). Disclosure by politicians. American Economic Journal: Applied Economics 2, 179–209.
  • Gennaioli, N., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A., (2013). Human capital and regional development. The Quarterly Journal of Economics 128, 105–164.
  • Kaiser, H.F. (1974). An index of factorial simplicity. Psychometrika 39, 31–36.