Starting with the entering in European Union, absorption of structural and cohesion funds seemed to be a challenge for Romania. But unfortunately, after the first half of the programming period, cost-benefit analysis of projects from different Operational Programs founded by structural and cohesion funds revealed more weak points regarding the absorption. This is the aim of this paper, also to analyze the absorption on different fields, using cost-benefit analysis, computing effective level of absorption. All these were an obstacle in front of getting one of the most important aims of European Union funds, diminishing the regional disparitiesGross Domestic Product, Regional Policy, Absorption, Cost-Benefit Analysis.

Ecaterina Mariana SUCIU

ecaterinasuciu09@yahoo.com

Meral KAGITCI

meral_ibraim@yahoo.com

English

Research Papers in Economics

Proceedings of the 10
th International Conference INVESTMENTS AND ECONOMIC RECOVERY,  
26 – 28 May, 2011, Bucharest, ROMANIA 
 
 
 
 
   
COST-BENEFIT ANALYSIS – A HELPFUL INSTRUMENT 
FOR THE ABSORPTION VALUATION OF STRUCTURAL  
AND COHESION FUNDS IN ROMANIA 
 
Meral KAGITCI 
The Bucharest Academy of Economic Studies, Romania 
E-mail meral_ibraim@yahoo.com 
Ecaterina Mariana SUCIU 
E-mail ecaterinasuciu09@yahoo.com 
 
 
ABSTRACT 
Starting with the entering in European Union, absorption of structural and cohesion funds 
seemed  to  be  a  challenge  for  Romania.  But  unfortunately,  after  the  first  half  of  the 
programming period, cost-benefit analysis of projects from different Operational Programs 
founded  by  structural  and  cohesion  funds  revealed  more  weak  points  regarding  the 
absorption. This is the aim of this paper, also to analyze the absorption on different fields, 
using cost-benefit analysis, computing effective level of absorption. 
All these were an obstacle in front of getting one of the most important aims of European 
Union funds, diminishing the regional disparities. 
 
KEYWORDS:  Gross  Domestic  Product,  Regional  Policy,  Absorption,  Cost-Benefit 
Analysis. 
 
JEL CLASSIFICATION: E22, G31, H12, H19, H43. 
 
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COST-BENEFIT ANALYSIS – A HELPFUL INSTRUMENT FOR THE ABSORPTION VALUATION OF STRUCTURAL AND COHESION FUNDS IN ROMANIA

COST-BENEFIT ANALYSIS – A HELPFUL INSTRUMENT FOR THE ABSORPTION VALUATION OF STRUCTURAL AND COHESION FUNDS IN ROMANIA

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