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Econometric evaluation of EU Cohesion Policy: a survey
Hagen, Tobias; Mohl, Philipp - 2009
. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of … the various European regions. Investigating the impact of European Cohesion Policy on economic growth and convergence is a …
Persistent link: https://www.econbiz.de/10010299177
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Econometric evaluation of EU Cohesion Policy: a survey
Hagen, Tobias; Mohl, Philipp - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009
. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of … the various European regions. Investigating the impact of European Cohesion Policy on economic growth and convergence is a …
Persistent link: https://www.econbiz.de/10008533553
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Going NUTS : the effect of EU structural funds on regional performance
Becker, Sascha O.; Egger, Peter; Ehrlich, Maximilian Von; … - 2008
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10003803543
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Banking and industrialization
Heblich, Stephan; Trew, Alex - 2015
We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10011342399
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The elusive quest for the holy grail of an impact of EU funds on regional growth
Fidrmuc, Jan; Hulényi, Martin; Zajkowska, Olga - 2019
We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle the potential problem of endogeneity, and estimating a spatial model to account for inter-regional spillovers. We use the presence of environmentally protected areas (under the...
Persistent link: https://www.econbiz.de/10012138778
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Spatio-temporal Analysis of Regional Systems: A Multiregional Spatial Vector Autoregressive Model for Spain
RAMAJO, JULIAN; MARQUEZ, MIGUEL A.; HEWINGS, GEOFFREY J.D. - European Regional Science Association - 2013
This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...
Persistent link: https://www.econbiz.de/10010740435
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Regional Income Convergence in the Enlarged Europe, 1995-2000: A Spatial Econometric Perspective
Fischer, Manfred M.; Stirböck, Claudia - 2004
This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in … with reality of empirical dynamics. The two-club spatial error convergence model with groupwise heteroskedasticity is found … data provide much support for unconditional ß-convergence in Europe. The second is that the usual convergence conclusions …
Persistent link: https://www.econbiz.de/10010297367
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Does EU Cohesion Policy Promote Growth? Evidence from Regional Data and Alternative Econometric Approaches
Mohl, Philipp; Hagen, Tobias - 2008
This paper analyses the growth e®ects of EU structural funds using a new panel dataset of 124 NUTS-1 / NUTS-2 regions over the time period 1995-2005. We extend the current literature with regard to at least three aspects: First of all, we extend the time period of investigation, using...
Persistent link: https://www.econbiz.de/10010298662
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Regional Income Convergence in the Enlarged Europe, 1995-2000: A Spatial Econometric Perspective
Fischer, Manfred M.; Stirböck, Claudia - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004
This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in … with reality of empirical dynamics. The two-club spatial error convergence model with groupwise heteroskedasticity is found … data provide much support for unconditional ß-convergence in Europe. The second is that the usual convergence conclusions …
Persistent link: https://www.econbiz.de/10005097596
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Does EU Cohesion Policy Promote Growth? Evidence from Regional Data and Alternative Econometric Approaches
Mohl, Philipp; Hagen, Tobias - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
This paper analyses the growth e®ects of EU structural funds using a new panel dataset of 124 NUTS-1 / NUTS-2 regions over the time period 1995-2005. We extend the current literature with regard to at least three aspects: First of all, we extend the time period of investigation, using...
Persistent link: https://www.econbiz.de/10005097715