The long and winding road to find the impact of EU funds on regional growth: IV and spatial analyses

被引:3
|
作者
Fidrmuc, Jan [1 ,2 ,3 ,4 ]
Hulenyi, Martin [1 ]
Zajkowska, Olga [5 ]
机构
[1] Univ Lille, IESEG Sch Management, CNRS, UMR, Lille, France
[2] PRIGO Univ, Havirov, Czech Republic
[3] Bank Finland, BOFIT, Helsinki, Finland
[4] CESIfo, Munich, Germany
[5] Univ Warsaw, Fac Econ Sci, Warsaw, Poland
关键词
regional policy; growth; environmental conservation; instrumental variables; spatial Durbin model (SDM); EUROPEAN STRUCTURAL FUNDS; COHESION POLICY; CONVERGENCE; DISCONTINUITY; INEQUALITY; GOVERNMENT; EMPIRICS; UNION; TOO;
D O I
10.1080/00343404.2023.2217214
中图分类号
F [经济];
学科分类号
02 ;
摘要
We contribute to the analysis of the impact of European Union funds on European regional development. We find that the European funds have a significantly positive effect on regional economic growth in the European Union. This result is obtained both with ordinary least squares (OLS), and with two-stage least squares (2SLS) using the presence of environmentally protected areas as an instrument. Furthermore, we find that interregional spillovers are important: a significant part of the favourable effect seems to take place in nearby regions rather than in the recipient region.
引用
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页码:583 / 600
页数:18
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