2026
Economic and fiscal aspects of brownfield regeneration in Czechia: Cost structures and policy implications
ŠKRABAL, Jaroslav; Michal TVRDOŇ; Michal KRAJŇÁK and Martina PAVLAČKOVÁBasic information
Original name
Economic and fiscal aspects of brownfield regeneration in Czechia: Cost structures and policy implications
Authors
ŠKRABAL, Jaroslav; Michal TVRDOŇ; Michal KRAJŇÁK and Martina PAVLAČKOVÁ
Edition
Local Economy, 2026, 0269-0942
Other information
Language
English
Type of outcome
Article in a journal
Country of publisher
United States of America
Confidentiality degree
is not subject to a state or trade secret
Impact factor
Impact factor: 1.600 in 2024
Marked to be transferred to RIV
No
Organization unit
Moravian Business College Olomouc
UT WoS
EID Scopus
Keywords in English
brownfield regeneration; EU co-financing; project cost structures; regional disparities; cohesion policy; fiscal governance
Changed: 7/5/2026 07:45, Ing. Michaela Nováková
Abstract
In the original language
Brownfield regeneration has become an important component of regional development policy in Czechia, yet little is known about how financing structures shape the outcomes of such investments. This study examines how project costs, end uses and regional conditions influence the distribution of EU co-financing across Czech NUTS3 regions. Drawing on project-level data from two programming periods (2014–2020 and 2021–2027), we analyse patterns in public and private participation and the fiscal role of EU funds. The results show that public actors consistently secure higher EU contributions, while total project costs do not systematically differ from those of private beneficiaries. We also find that higher project costs are associated with lower EU co-financing in 2014–2020, suggesting a disciplining effect of grant rules, although this pattern has not yet emerged in the current period. Disadvantaged regions tend to rely more heavily on EU transfers, whereas stronger regions mobilise greater private resources. These findings highlight the role of EU cohesion policy as both an investment instrument and a fiscal governance mechanism with implications for long-term regional sustainability.