Are ERDF Efficient in Strengthening the Switch to a Low-Carbon Economy? Some Insights with Value-Based Data Envelopment Analysis
Journal: Springer proceedings in political science and international relations
Year: 2022

Abstract We assessed the execution of European Regional Development Funds (ERDF) allocated to promote a Low-carbon economy (LCE) in 23 EU Member States (MS). Each MS is evaluated using the Value-Based Data Envelopment Analysis (VBDEA) method. In the first stage, the efficient MS were identified, and the major reasons that might affect the efficient performance of the ERDF. From the results obtained, 43% of the MS were deemed efficient in the application of ERDF committed to fostering an LCE, and