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

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...

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Main Authors: Aleš KUHAR, Luka JUVANČIČ, Urban SILA, Emil ERJAVEC
Format: Article
Language:English
Published: University of Ljubljana Press (Založba Univerze v Ljubljani) 2005-12-01
Series:Acta Agriculturae Slovenica
Subjects:
Online Access:https://journals.uni-lj.si/aas/article/view/15209
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author Aleš KUHAR
Luka JUVANČIČ
Urban SILA
Emil ERJAVEC
author_facet Aleš KUHAR
Luka JUVANČIČ
Urban SILA
Emil ERJAVEC
author_sort Aleš KUHAR
collection DOAJ
description 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 Community 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.
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spelling doaj.art-bbcd6dee050c4947897d6fb57970a28e2023-12-14T22:15:39ZengUniversity of Ljubljana Press (Založba Univerze v Ljubljani)Acta Agriculturae Slovenica1854-19412005-12-01861Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output modelAleš KUHAR0Luka JUVANČIČ1Urban SILA2Emil ERJAVEC3Univ. of Ljubljana, Biotechnical Fac., Zootechnical Dept., Groblje 3, SI-1230 DomaleUniv. of Ljubljana, Biotechnical Fac., Zootechnical Dept., Groblje 3, SI-1230 DomžaleLondon Scholl of EconomicsUniv. of Ljubljana, Biotechnical Fac., Zootechnical Dept., Groblje 3, SI-1230 Domžale 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 Community 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. https://journals.uni-lj.si/aas/article/view/15209economicsSloveniaregional developmentEU accessionregional input-output model
spellingShingle Aleš KUHAR
Luka JUVANČIČ
Urban SILA
Emil ERJAVEC
Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output model
Acta Agriculturae Slovenica
economics
Slovenia
regional development
EU accession
regional input-output model
title Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output model
title_full Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output model
title_fullStr Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output model
title_full_unstemmed Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output model
title_short Evaluation of public expenditure on economic growth of the Peripheral Slovenia with Input-Output model
title_sort evaluation of public expenditure on economic growth of the peripheral slovenia with input output model
topic economics
Slovenia
regional development
EU accession
regional input-output model
url https://journals.uni-lj.si/aas/article/view/15209
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AT lukajuvancic evaluationofpublicexpenditureoneconomicgrowthoftheperipheralsloveniawithinputoutputmodel
AT urbansila evaluationofpublicexpenditureoneconomicgrowthoftheperipheralsloveniawithinputoutputmodel
AT emilerjavec evaluationofpublicexpenditureoneconomicgrowthoftheperipheralsloveniawithinputoutputmodel