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Autore
Puigcerver-Penalver, Mari Carmen

Titolo
The impact of structural funds policy on european regions' growth: a theoretical and empirical approach
Periodico
European Journal of Comparative Economics
Anno: 2007 - Volume: 4 - Fascicolo: 2 - Pagina iniziale: 179 - Pagina finale: 208

In 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
Testo completo: http://eaces.liuc.it/18242979200702/182429792007040204.pdf

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