In this paper we discuss what needs to be done in a number of key policy areas. Certainly, the EU should focus on fields where benefits for all of Europe can be produced, and should withdraw from policy areas where this is not the case. Furthermore, deeper economic and political integration is...

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...

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...

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...

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...

The objective of this study is to perform an ex-post evaluation of the instruments applied in the OP ERDF Saxony 2007-2013 to facilitate SMEs’ growth and innovation. The analysis encompasses 9 instruments that were identified as either targeting SMEs in particular or being mainly absorbed by...

In 2000, the European Council set its sights on becoming the world's top knowledge-based economy. To that end, they aimed to achieve a goal of spending 3% of GDP on research and development by 2010. Their Lisbon Strategy recommended a number of efforts on the European Union and national levels,...

In den letzten drei Jahrzehnten stieg die Arbeitslosigkeit in den Mitgliedstaaten des heutigen Euroraums, nur unterbrochen von relativ kurzen Phasen der wirtschaftlichen Erholung. Der jeweils vorhergehende Anstieg der Arbeitslosigkeit konnte dabei zumeist nicht vollständig kompensiert werden....

This paper reviews the governance framework of the Lisbon Strategy and discusses the specific option of increasing the role of benchmarking as a means of improving the implementation record of structural reforms in the European Union. Against this background, the paper puts forward a possible...