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Enhancing objectivity and decision relevance : a better framework for evaluating cohesion policies
Heinemann, Friedrich; Asatryan, Zareh; Bachtrögler, Julia - 2024
By international comparison as well as compared to other EU policies, the EU‘s Cohesion Policy (CP) evaluation system … is far developed and institutionalized. This paper analyses the remaining gaps and shortcomings in the CP evaluation … presence of a broad and imprecise CP objective function emerges as a key challenge for evaluations. The evaluation culture is …
Persistent link: https://www.econbiz.de/10014566802
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The distributional effects of place-based policies in the EU
Lang, Valentin - 2024
This chapter examines the distributional effects of place-based policies in the EU. In a first step, it characterizes existing income inequalities in the EU and distinguishes between their interregional and intraregional dimensions. A key result is that inequalities within European regions make...
Persistent link: https://www.econbiz.de/10014577516
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Evidence-based policy or beauty contest? : an LLM-based meta-analysis of EU cohesion policy evaluations
Asatryan, Zareh; Birkholz, Carlo; Heinemann, Friedrich - 2024
Independent and high-quality evaluations of government policies are an important input for designing evidence-based policy. Lack of incentives and institutions to write such evaluations, on the other hand, carry the risk of turning the system into a costly beauty contest. We study one of the...
Persistent link: https://www.econbiz.de/10014574916
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Uncertainty, misallocation and the life-cycle growth of firms
Mäkynen, Eero; Vähämaa, Oskari - 2021
We develop a measure of static misallocation that separates uncertainty from misallocation generated by tax-like distortions. In the Finnish firm-level data, uncertainty accounts for the majority of ex post misallocation and explains a strong decreasing age-dependent trend in it. To understand...
Persistent link: https://www.econbiz.de/10012583062
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Cluster policy, innovation, and firm productivity : an econometric assessment of the Flemish Spearhead Cluster Program
Angelino, Pierluigi; Czarnitzki, Dirk; Volckaert, Astrid - 2024 - This version: May 2024
The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper, we analyze whether becoming a member of such a cluster initiative has an impact on...
Persistent link: https://www.econbiz.de/10014566745
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Does light touch cluster policy work? : evaluating the Tech City programme
Nathan, Max - 2019
Persistent link: https://www.econbiz.de/10012179716
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Die Europäische Investitionsbank : subsidiärer Finanzintermediär oder Umverteilungsinstrument?
Heinemann, Friedrich - 1992
Persistent link: https://www.econbiz.de/10000138864
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Die Europäische Investitionsbank : subsidiärer Finanzintermediär oder Umverteilungsinstrument?
Heinemann, Friedrich - 1992
Die Europäische Investitionsbank (EIB) mobilisiert in quantitativ bedeutendem Ausmaß Finanzmittel für EG-Politikfelder außerhalb des EG-Haushalts. Die von der Bonität des Schuldners abhängige implizite Zinssubvention ist wohlfahrtstheoretisch nicht zu rechtfertigen. Es ist zu vermuten,...
Persistent link: https://www.econbiz.de/10011621697
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The importance of EU cohesion policy for economic growth and convergence
Ehrlich, Maximilian von - 2024
This chapter discusses factors that contributed to different economic dynamics across European regions and the prevailing disparities. The impact of EU Cohesion Policy in reducing disparities is studied based on the empirical evidence on the effects of EU regional policy. With more than thirty...
Persistent link: https://www.econbiz.de/10014577539
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Direct, spillover and welfare effects of regional firm subsidies
Siegloch, Sebastian; Wehrhöfer, Nils; Etzel, Tobias - 2021
We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1% decrease in manufacturing employment. We document important...
Persistent link: https://www.econbiz.de/10012507883