Show simple item record

dc.contributor.author
Becker, Sascha O.
dc.contributor.author
Egger, Peter
dc.contributor.author
von Ehrlich, Maximilian
dc.date.accessioned
2021-03-10T09:42:23Z
dc.date.available
2017-06-09T09:04:16Z
dc.date.available
2021-03-10T09:42:23Z
dc.date.issued
2010-10
dc.identifier.issn
0265-8003
dc.identifier.uri
http://hdl.handle.net/20.500.11850/29221
dc.description.abstract
The European Union (EU) provides grants to disadvantaged regions of member states from two pools, the Structural Funds and the Cohesion Fund. The main goal of the associated transfers is to facilitate convergence of poor regions (in terms of per-capita income) to the EU average. We use data at the NUTS3 level from the last two EU budgetary periods (1994-99 and 2000-06). Using generalized propensity score estimation, we analyze to which extent the goal of fostering growth in the target regions was achieved with the funds provided and whether more transfers generated stronger growth effects or not. We find that, overall, EU transfers enable faster growth in the recipient regions as intended, but we estimate that in 36% of the recipient regions the transfer intensity exceeds the aggregate efficiency maximizing level and in 18% percent of the regions a reduction of transfers would not even reduce their growth. We conclude that some reallocation of the funds across target regions would lead to higher aggregate growth in the EU and could generate even faster convergence than the current scheme does.
en_US
dc.language.iso
en
en_US
dc.publisher
Centre for Economic Policy Research
en_US
dc.subject
EU regional policy
en_US
dc.subject
Generalized propensity score estimation
en_US
dc.subject
Quasirandomized experiment
en_US
dc.subject
Regional growth
en_US
dc.title
Too much of a good thing? On the growth effects of the EU's regional policy
en_US
dc.type
Working Paper
ethz.journal.title
CEPR Discussion Papers
ethz.pages.start
DP8043
en_US
ethz.size
33 p.
en_US
ethz.code.jel
JEL - JEL::C - Mathematical and Quantitative Methods::C2 - Single Equation Models; Single Variables::C21 - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
en_US
ethz.code.jel
JEL - JEL::H - Public Economics::H5 - National Government Expenditures and Related Policies::H50 - General
en_US
ethz.code.jel
JEL - JEL::O - Economic Development, Innovation, Technological Change, and Growth::O4 - Economic Growth and Aggregate Productivity::O40 - General
en_US
ethz.code.jel
JEL - JEL::R - Urban, Rural, Regional, Real Estate, and Transportation Economics::R1 - General Regional Economics::R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
en_US
ethz.publication.place
London
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03840 - Egger, Peter / Egger, Peter
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03840 - Egger, Peter / Egger, Peter
ethz.tag
KOF-Key-nonrefereed
en_US
ethz.identifier.url
https://cepr.org/active/publications/discussion_papers/dp.php?dpno=8043
ethz.relation.isPreviousVersionOf
20.500.11850/49849
ethz.date.deposited
2017-06-09T09:04:46Z
ethz.source
ECIT
ethz.identifier.importid
imp59364d968c47b65763
ethz.ecitpid
pub:48612
ethz.eth
yes
en_US
ethz.availability
Metadata only
en_US
ethz.rosetta.installDate
2017-07-19T09:33:16Z
ethz.rosetta.lastUpdated
2022-03-29T05:41:21Z
ethz.rosetta.versionExported
true
ethz.COinS
ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.atitle=Too%20much%20of%20a%20good%20thing?%20On%20the%20growth%20effects%20of%20the%20EU's%20regional%20policy&rft.jtitle=CEPR%20Discussion%20Papers&rft.date=2010-10&rft.spage=DP8043&rft.issn=0265-8003&rft.au=Becker,%20Sascha%20O.&Egger,%20Peter&von%20Ehrlich,%20Maximilian&rft.genre=preprint&
 Search print copy at ETH Library

Files in this item

FilesSizeFormatOpen in viewer

There are no files associated with this item.

Publication type

Show simple item record