Work detail

An analysis of the determinants influencing the probability of cancellation for projects receiving EU funding

Author: Bc. Petr Nový
Year: 2013 - summer
Leaders: Ing. Monika Martišková
Consultants:
Work type: Bachelors
Language: English
Pages: 67
Awards and prizes:
Link:
Abstract: This thesis approaches the problem of the cancelled projects receiving EU funding as
another reference variable through which the absorption capacity of the Czech Republic may be
measured. The determinants influencing the probability of projects cancellation have so far been
only modestly described. Therefore, an attempt to examine some determinants influencing the
probability of cancellation for projects receiving EU funding is made, first, by summarizing and
describing trends of cancelled projects in the programming period 2007 – 2013 and, second, by
econometric inference trying to find the possible determinants. The data shows the ever increasing
trend of cancelled projects and large share of the Operational Program Enterprise and Innovations
on all cancelled projects. It was found that it is the size of the paid amount for projects that
determines negatively the probability of projects cancellation most significantly. Apart from that,
the age of a firm and number of employees also play a significant positive role. The year 2008 when
crisis broke out, is also a determining factor.

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