Siliverstovs, Boriss; Thießen, Ulrich - In: Cogent economics & finance 3 (2015) 1, pp. 1-15
This paper provides an empirical analysis on the question whether equalization payments across regions and transfers from the central government stimulate regional growth or impede it. Using a panel of 22 French regions from 2002 to 2008, we find that regional economic growth is positively...