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State subsidies and their impact on business

Treść / Zawartość
Identyfikatory
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The effect of market regulation tools on business is a complex phenomenon, and the impact of such regulation could be both positive and negative. The enhancement of the positive effect is a scientific task which requires a systematic approach. In order to find a solution to this problem it is necessary: a) to identify the relevant factors; b) to make a coherent evaluation of these factors and their influence on the phenomenon under investigation; c) to establish the optimal form and extent of the SRB (State Regulation of Business) tool required for the achievement of the desired results. The study analyses aims of economic regulation and business management from the point of view of a state. The research focuses on problems caused by state subsidies for business enterprises as one of the forms of SRB. The research also aims to enhance the effectiveness of business regulation. The main objects of this study are: state subsidies for business enterprises as a form of state intervention in the market and the possible correlation between the characteristics of subsidies and their impact on business. The evaluation presented in this study proved that EU subsidies have had a direct positive influence on the expected effect. The analysis revealed that rate of subsidies has had a higher effect on SRB impact than the size of funding.
Rocznik
Strony
62--70
Opis fizyczny
Bibliogr. 28 poz., rys., tab.
Twórcy
  • Vilnius Gediminas Technical University
autor
  • Vilnius Gediminas Technical University
  • Vilnius Gediminas Technical University
Bibliografia
  • Alexe I., Tatomir C.F. (2012), Together or Apart? Structural Funds and Real Convergence in the New Member States, Annals of the University of Oradea, Economic Science Series 21 (2), pp. 63-69
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  • Bradley J., Morgenroth E., Untiedt G. (2003), Macro-regional evaluation of the Structural Funds using the HERMIN modelling framework, The 43rd Congress of the European Regional Science Association, Münster aper for presentation
  • De la Fuente A., Vives X. (1995), Infrastructure and education as instruments of economic policy: evidence from Spain, Economic Policy 10 (20), pp. 13-51
  • Ederveen S. et al. (2003), Funds and games: the economics of European cohesion policy, ENEPRI, Occasional paper No. 3/October, The Hague
  • Ernst & Young (1996), Synthesis report: Ex-post evaluation of the 1989-93 Objective 2 programmes, http://ec.europa.eu/regional_policy/sources/docgener/evaluation/pdf/4_full_en.pdf [15.05.2015]
  • Eskelinen H., Kokkonen M., Virkkala S. (1996), Evaluation of EU Structural Fund Programs in a Nordic context. The case of Finland and Sweden, NordREFO
  • European Commission (1999), The socio-economic impact of projects financed by the Cohesion Fund: A modelling approach, Office for official publications of the European Communities, Luxembourg
  • Fan W., Treyz F., Treyz G. (2000), An evolutionary new economic geography model, Journal of Regional Science 40 (4), pp. 671-695
  • Forsström B., Mustonen M. (1996a), Suomen tavoite-2 ohjelmätyön käynnistyminen. Elinkeinopoliittisten hankkeiden seuranta vuoden 1995 loppuun, Sisäasiainministeriö 7
  • Ginevičius R., Podvezko V., Bruzgė Š. (2008), Evaluating the effect of state aid to business by multicriteria methods, Journal of Business Economics and Management 9 (3), pp. 167-180
  • Gómez-García J., Enguix M.R.M., Gómez-Gallego J.C. (2012), Estimation of the Efficiency of Structural Funds: A Parametric and Nonparametric Approach, Applied Economics 44 (30), pp. 3935-3954
  • Hagens J.S., Bekker M.H., Gaaff A. (1994), Framework for the evaluation of Regional Policy, in 34th European Congress of the Regional Science Association, Conference proceedings 23-26 August 1994, Groningen
  • Jaliu D.D. (2012), The effectiveness of public policies and Structural Funds in enhancing tourism development. The case of Romania, Theoretical & Applied Economics 19 (12), pp. 37-52
  • Martinkus B., Žilinskas V. (2008), Ekonomikos pagrindai, Technologija, Kaunas
  • Ministry of Economy of the Republic of Lithuania (2007), The Most Effective Forms of Financial Support to Business from the European Union Structural Funds, http://www.esparama.lt/es_parama_pletra/failai/fm/failai/Ataskaitos/BPD_vertinimo_ataskaitos/UM_37.pdf [15.05.2015]
  • Ministry of Economy of the Republic of Lithuania (2011), Evaluation of Changes in the Sectors of Economy Cofinanced by the EU Structural Funds and the Funds within the Jurisdiction of the Ministry of Economy, http://www.esparama.lt/es_parama_pletra/failai/fm/failai/Vertinimas_ESSP_Neringos/Ataskaitos_2009MVP/UM_Ekonomikos_sektoriu_vertinimo_ataskaita.pdf [15.05.2015]
  • Ministry of Finance of the Republic of Lithuania (2011), Report on the Implementation of the Action Programme for Economic Growth for 2010, http://www.esparama.lt/es_parama_pletra/failai/fm/failai/Ataskaitos/Metines_ataskaitos_2009/2VP_ataskaita_2010_m.pdf [15.05.2015]
  • Monrobel J.R., Camara A., Marcos M.A. (2013), Modelling European Regional Policy 2007–2013. Applied General Equilibrium Analysis of the Economic Impact on the Madrid Region, European Planning Studies 21 (2), pp. 264-280
  • Munteanu N.E. (2012), Impact Analysis of Legislative and Institutional Framework on the Policy for Regional Development in the Light of the Regional Operational Programme, Annals of the University of Oradea, Economic Science Series 21 (2), pp. 121-126
  • Pellegrini G., Terribile F., Tarola O., Muccigrosso T., Busillo F. (2013), Measuring the effects of European Regional Policy on economic growth. A regression discontinuity approach Measuring the effects of European Regional Policy on economic growth. A regression discontinuity approach, Papers in Regional Science 92 (1), pp. 217-233
  • Sisäasiainministeriö (1996a), Tavoite 2-ohjelman organisaatiojaoston loppuraportti 13
  • Sisäasiainministeriö (1996b), Tavoite 2-ohjelman organisaatiojaoston loppuraportti 13, Liiteosa
  • Sisäasiainministeriö (1997), Suomen tavoite 2-ohjelman 1995-1996 arviointi 5, Tilastokeskus. Kuntapuntari 97 (5), Kansainvälistyminen
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Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-13a07e81-a55b-4552-a63e-f0146f75af01
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