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Impact of Structural Funds on municipalities: Empirical study on wastewater treatment and collection
Pumprlová, Magda ; Soudek, Jan (advisor) ; Skuhrovec, Jiří (referee)
This thesis analyzes the effect of Structural Funds from European Union on municipalities' financial results. It focuses on grants concerning waste water treatment's projects in the Czech Republic and the size of municipalities co-financing these grants. The aim is to determine the difference in financial results of municipalities using the grant and the others, followed by numeration of the difference by municipalities' own resources. To compare the municipalities, we use difference in differences approach. The OLS regression is used for estimate the effect of own resources. The results show that size of municipalities' co-financing, usually mentioned as 10%, is in fact in average 35%. There exists a large significant difference in financial results comparing pre- treatment and post-treatment period in municipalities building waste water treatment project financed from Structural Funds. It is also significantly determined by the amount of own resources. JEL Classification C21, H76, R51 Keywords Structural Funds, Operational Program Environment, waste water treatment, municipalities, deficit Author's e-mail pumprlova@centrum.cz Supervisor's e-mail honza.soudek@gmail.com
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