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After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10003794113
This paper analyses the effects of the EU Cohesion Policy (CP) on the economic growth of 276 European NUTS-2 regions between 2008 and 2016. Using a structural equation model (SEM) consisting of both a measurement component (with two latent variables) and a structural component, we estimate the...
Persistent link: https://www.econbiz.de/10012264978
We use the case of EU enlargement in 2004 to investigate the impact of economic integration on regional income growth. Being particularly interested in studying the effects ‘at the margin’, we track the relative performance of regions adjacent to both sides of the integration border...
Persistent link: https://www.econbiz.de/10011922710
The EU Cohesion Policy is one of the European Union's key policy instruments for reducing economic and social disparities among its regions. The paper evaluates the policy contribution to regional economic growth in V4 (Visegrad Four) countries. The study establishes a significant variation in...
Persistent link: https://www.econbiz.de/10014555767
Between 2003 and 2005, the German government passed an unprecedented package of labor market reforms, commonly known as the Hartz-reforms. This led to a "labor market miracle" with sharply declining unemployment rates. This paper examines these reforms at the regional level and provides a...
Persistent link: https://www.econbiz.de/10014323533
The process of economic reforms launched in 1978, and gradually extended until current days, has catapulted China into … development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ), a salient economic …
Persistent link: https://www.econbiz.de/10013071566
China's GDP growth slowdown and a surge in global financial market volatility could both adversely affect an already … negative GDP shock in China (equivalent to a one-off one percent growth shock) could have significant global macroeconomic …
Persistent link: https://www.econbiz.de/10012969747
China's GDP growth slowdown and a surge in global financial market volatility could both adversely affect an already … negative GDP shock in China (equivalent to a one-off one percent growth shock) could have significant global macroeconomic …
Persistent link: https://www.econbiz.de/10012983788
The Spanish Experiences of Regional Policies -- Spain as a Case-Study: Regional Problems and Policies -- Regional Economy and Policy in Spain (1960-1975) -- The Evolution of Spanish Regional Policy, 1977-2008 -- Regional Growth, Structural Changes and Convergence -- Macroeconomic Effects of the...
Persistent link: https://www.econbiz.de/10013521300
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