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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...
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The current empirical literature on the impact of EU Cohesion Policy on the economic growth rates of the European regions mainly relies on functional form assumptions. However, it is ex ante not clear which functional form is appropriate with regard to the relationship between structural funds...
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Based on a sample of 1,084 European regions (EU 15) over the period of 1995-2004, we estimate the determinants of regional growth of GDP per capita, allowing for both spatial lag and spatial error dependence. We find that robust LM tests cannot reject the null hypothesis of no spatial dependence...
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Regionalpolitik ist gemessen an den Ausgaben nach der Agrarpolitik das zweitwichtigste Politikfeld der EU. Eines ihrer zentralen Ziele ist die Förderung von langfristigem Wirtschaftswachstum. Die jüngere volkswirtschaftliche Forschung hat gezeigt, dass ein Zusammenhang zwischen der Höhe und...
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We document significant and robust empirical relationships in cross-country panel data between government size or social expenditure on the one hand, and trade and financial development indicators on the other. Across countries, deeper economic integration is associated with more intense...
Persistent link: https://www.econbiz.de/10010303691
Europe is in the throes of budgetary consolidation, tightening its fiscal rules. It could not prevent the recession of 2012 and the inexorable growth of debt, especially in Southern Europe, while unemployment spreads and the social gap widens. Social policy is mostly a national matter, but is...
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