does the EU payment data answer and how can it be used?
Looking at the overall volume of investment over time.
An annual analysis of the data also demonstrates the overlap
between programme periods: as one programme closes another one begins.
A unique feature: Modelling
the EU payments to estimate the underlying expenditure in regional economies
Over the budget periods, the EU payments made were predominantly in reimbursement of expenditure actually incurred. In other words the EU payments were made after the actual expenditure. This lag may distort economic analysis of the effect to the investments. The Commission therefore asked for a treatment of the EU payments to make a best estimate of the real expenditure by year. The comparison of EU payments and modelled real expenditure can be compared below. Real payments typically take place earlier and end earlier than the EU payments.
Which EU funds and funding periods are covered?
How was the data complied
- The annual EU payment history by programme was extracted from the Commission’s accounting system.
- The payments by programme were then regionalised by a consultant using the best information available from the programmes and estimating the regional distribution where detailed allocations were not available.
- The annual regionalised EU payments were further treated, using modelling techniques, to develop a best estimate of when the real expenditure took place that led to the EU payments.