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Prepared by Istvan Zubek

Impact of the developments implemented in the framework of the Cohesion Policy on Hungarian government revenues. Prepared by Istvan Zubek. The structure of the presentation. The aim of the analysis , important definitions , methodological issues R esults.

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Prepared by Istvan Zubek

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  1. Impact of thedevelopmentsimplementedintheframeworkoftheCohesion Policy onHungariangovernmentrevenues PreparedbyIstvan Zubek

  2. The structure of thepresentation • The aim of theanalysis, importantdefinitions, methodologicalissues • Results

  3. The aim of theanalysis • 8 200 Mrd Ft grantforcohesiondevelopmentpurposesinthe 2007-2013 cycle • The Hungarian GDP in 2013 is 29 000 Mrd Ft • The grantsexceed 3% of GDP inyearlyavarage • 15% nationalco-financing • The relationshipbetweencohesiondevelopments and governmentrevenues

  4. Basic definitions • Beneficiaries(dividedintodifferenttypesby profit objectives) • Governmentincomes • Governmentexpenses • Directvs. Indirecteffects • Centralgovernmentrevenues and generalgovernmentrevenues Directimpact of thedevelopmentsimplementedintheframeworkoftheCohesion Policy onHungariangovernmentrevenues

  5. The results • Types of thebeneficiaries • The examinedperiod: 2007-2013 • Amount of acceptedpaymentsonprojects 5 778 Mrd Ft (EU contribution, nationalco-financing, owncontribution)

  6. Governmentincomes and expenses • Components of theincomeside(VAT, taxcontent of thematerialcosts, taxcontantofwagecosts, companytax, local business tax) • Component of theexpenseside(nationalco-financing)

  7. Directimpact of governmentrevenues

  8. Breakdownbyyears • 90% of theestimatedimpactconcernsthelast 4 years of theexaminedperiod.

  9. Breakdownby OP-s • 50% of theestimatedimpactin 3 OP-s – TOP, EDOP, EEOP

  10. Breakdownbyindustrialsectors • 90% of theestimatedimpactconcernsthelast 4 years of theexaminedperiod.

  11. Main findings • The estimatedimpact of theimplementationofcohesiondevelopmentsonHungariangovernmentrevenuesbetween 2007 and 2013 is 1180 Mrd Ft. • Duetothegradualacceleration of theimplementationsystemtheimpactsinthefirstthreeyearsoftheexaminedperiodwerebehindthevaluesrealisedinthesecond part of thecycle. • Constructionindustrywith almost 40% of totalestimateddirectimpact overtop amongtheindustrialsectors. • Wedidnotidentifyregiospecificdifferenciesinregard of estimateddirectimpact.

  12. Thankyouforyourattention.

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