Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output model

Kuhar, Aleš (author), Juvančič, Luka (author), Sila, Urban (author), Erjavec, Emil (author)

Slovenia is witnessing a problem of divergence in economic performance of its regions despite the high importance of the balanced regional development on the policy agenda. After the EU accession the problem of regional disparities is addressed through a wide set of financial mechanisms that affect the regional development; i.e. certain elements of CAP, Structural and Cohesion funds and Communiy initiatives. The paper is evaluating impacts of public expenditure from these sources on the economic performance of the region Peripheral Slovenia by constructing a regional Input-Output model in the present (2004-06) and the following (2007-13) financial perspective. Results show that the analysed funds can stimulate a notable economic growth of the Peripheral Slovenia especially in the following financial perspective. However; comparisons of the output growth at the national level reveal likely lagging of the region. This means that the anticipated increase of regional development disparities in Slovenia would continue in the future.

• Language: English
• Keywords: economics, Slovenia, regional development, EU accession, regional input-output model
• Work type: Not categorized
• Typology: 1.01 - Original Scientific Article
• Organization: BF - Biotechnical Faculty
• Publisher: Biotehniška fakulteta
• Year: 2005
• Number of pages: Str. 49-61
• Numbering: Letn. 86, št. 1
• PID: 20.500.12556/RUL-60772
• UDC: 338
• ISSN on article: 1581-9175
• COBISS.SI-ID: 1829512
• Publication date in RUL: 10.07.2015

Record is a part of a journal

• Title: Acta agriculturae Slovenica
• Shortened title: Acta agric. Slov.
• Publisher: Biotehniška fakulteta
• ISSN: 1581-9175
• COBISS.SI-ID: 213840640

Secondary language

• Language: Slovenian
• Title: Ovrednotenje javnih transferov na gospodarsko rast v periferni Sloveniji z modelom Input-Output

Abstract

Slovenija se sooča z razlikami v gospodarski razvitosti med regijami, kljub deklarativno izraženem pomenu, ki ga uravnoteženemu regionalnemu razvoju posveča politika. Po pristopu k EU naj bi k zmanjševanju regionalnih razvojnih razlik pripomogli finančni mehanizmi Skupnosti, ki vplivajo na dinamiko gospodarske rasti regij. Te finančne mehanizme sestavljajo nekateri segmenti Skupne kmetijske politike, Strukturni in Kohezijski sklad ter iniciative Skupnosti. V članku so ovrednoteni gospodarski učinki teh finančnih instrumentov v sintetični regiji Periferna Slovenija z izgrajenim regionalnim modelom Input-Output za sedanje finančno obdobje (2004-06) in naslednjo finančno perspektivo (2007-13). Rezultati kažejo, da analizirani transferji lahko opazno spodbudijo ekonomsko rast Periferne Slovenije, se posebej v naslednji finančni perspektivi, primerjave z učinki na nacionalni ravni pa napovedujejo zaostajanje regije. To potrjuje pričakovanja o nadaljnjem povečevanju regionalnih razlik v Sloveniji.

• Keywords: gospodarstvo, Slovenija, regionalni razvoj, vstop v EU, regionalni input-output model