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September 10, 2025

The Role of European Funds in Accelerating Digitalization and Human Capital Development: Impact on Poverty Reduction and Economic Growth

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Observational analysis finds European funds enhance digital skills in Romania, suggesting links to economic growth and poverty reduction.

A significant positive correlation exists between the absorption rate of european funds and gdp growth in Romania.
Each one-unit increase in european fund absorption correlates with an increase of RON 723,798 million in gdp.
The linear regression model shows that about 82.9% of gdp variation is explained by european fund absorption.
Improving human capital through e-vocational training helps reduce poverty and stimulates economic development.

Uricaru et al. (2025) studied this question.

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