Work detail

Impact of Structural Funds on municipalities: Empirical study on wastewater treatment and collection

Author: Bc. Magda Pumprlová
Year: 2015 - winter
Leaders: PhDr. Jan Soudek
Consultants:
Work type: Bachelors
Language: English
Pages: 61
Awards and prizes:
Link: https://is.cuni.cz/webapps/zzp/detail/145530/
Abstract: 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 pretreatment
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.

Partners

Deloitte

Sponsors

CRIF
McKinsey
Patria Finance