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Too much of a good thing? On the growth effects of the EU's regional policy

Becker, Sascha O.; Egger, Peter; von Ehrlich, Maximilian - C.E.P.R. Discussion Papers - 2010

The European Union (EU) provides grants to disadvantaged regions of member states from two pools, the Structural Funds and the Cohesion Fund. The main goal of the associated transfers is to facilitate convergence of poor regions (in terms of per-capita income) to the EU average. We use data at...

Persistent link: https://www.econbiz.de/10008684675

Does Geographical Agglomeration Foster Economic Growth? And Who Gains and Looses From It?

Fujita, Masahisa; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2002

This Paper proposes a two-region model of endogenous growth, which is a natural combination of a core-periphery model a la Krugman and of a model of endogenous growth a la Grossman/Helpman/Romer. Specifically, we add to the core-periphery model an R&D sector that uses skilled labour to create...

Persistent link: https://www.econbiz.de/10005662000

Absorptive Capacity and the Growth Effects of Regional Transfers: A Regression Discontinuity Design with Heterogeneous Treatment Effects

Becker, Sascha O.; Egger, Peter; von Ehrlich, Maximilian - C.E.P.R. Discussion Papers - 2011

Transfers to individuals, firms, and regions are often regulated by threshold rules, giving rise to a regression discontinuity design. An example are transfers provided by the European Commission to regions of EU member states below a certain income level. Researchers have focused on estimation...

Persistent link: https://www.econbiz.de/10009205062

Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions and the Great Divergence

Galor, Oded; Moav, Omer; Vollrath, Dietrich - C.E.P.R. Discussion Papers - 2008

capital promoting institutions (e.g., public schooling) and thus the pace and the nature of the transition from an …

Persistent link: https://www.econbiz.de/10005124357

Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - C.E.P.R. Discussion Papers - 2002

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …

Persistent link: https://www.econbiz.de/10005667122

Regional Policy Evaluation: Interactive Fixed Effects and Synthetic Controls

Gobillon, Laurent; Magnac, Thierry - C.E.P.R. Discussion Papers - 2014

In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained by Bai (2009)'s least squares method with the popular difference in differences estimates as well as with estimates obtained using...

Persistent link: https://www.econbiz.de/10011084679

Assessing agglomeration economies in a spatial framework with endogenous regressors

Artis, Michael J; Miguélez, Ernest; Moreno, Rosina - C.E.P.R. Discussion Papers - 2009

This paper is concerned with the influence of agglomeration economies on economic outcomes across British regions. The concentration of economic activity in one place can foster economic performance due to the reduction in transportation costs, the ready availability of customers and suppliers,...

Persistent link: https://www.econbiz.de/10005791212

Regional Growth in Japan

Shioji, Etsuro - C.E.P.R. Discussion Papers - 1996

This paper studies the role of internal migration in income convergence across regions in Japan. Neoclassical theory predicts that migration should have been an important source of convergence, but regression results suggest otherwise. The paper investigates the possibility that this discrepancy...

Persistent link: https://www.econbiz.de/10005123658

Local Economic Development, Agglomeration Economies, and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority

Kline, Patrick; Moretti, Enrico - C.E.P.R. Discussion Papers - 2013

We study the long run effects of one of the most ambitious regional development programs in U.S. history: the Tennessee Valley Authority (TVA). Using as controls authorities that were proposed but never approved by Congress, we find that the TVA led to large gains in agricultural employment that...

Persistent link: https://www.econbiz.de/10011084200

On the Sources of Convergence: A Close Look at the Spanish Regions

de la Fuente, Angel - C.E.P.R. Discussion Papers - 1996

We investigate the sources of productivity convergence using panel data for the Spanish regions. As a framwork, we develop a simple descriptive growth model which allows for factor accumulation, technological diffusion and rate effects from human capital and which includes fixed regional effects...

Persistent link: https://www.econbiz.de/10005667004

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