Autore
Puigcerver-Penalver, Mari CarmenTitolo
The impact of structural funds policy on european regions' growth: a theoretical and empirical approachPeriodico
European Journal of Comparative EconomicsAnno:
2007 - Volume:
4 - Fascicolo:
2 - Pagina iniziale:
179 - Pagina finale:
208In this paper, I try to estimate the impact of Structural Funds on the growth rates of Objective 1 European regions during the two first programming periods (1989-2000). I develop a "hybrid" model of economic growth that partially endogenizes the rate of technical progress and I test its main implications following a panel data approach. The results suggest that Structural Funds have positively influenced the growth process of Objective 1 regions, although their impact has been stronger during the first programming period than the second. The same quantitative difference between the two programming periods appears in the estimated rates of beta-convergence and the catching-up effect.
SICI: 1824-2979(2007)4:2<179:TIOSFP>2.0.ZU;2-M
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