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dc.contributor.authorHagen, Tobiasen_US
dc.contributor.authorMohl, Philippen_US
dc.description.abstractThe impact of EU Cohesion Policy has mainly been evaluated with regard to its growth effects. We extend the perspective by investigating the impact of EU Cohesion Policy on public investments and budget deficits in order to learn more about the channels through which this policy field works. Using a dataset of 27 EU countries for the time period 1982-2006, we find that EU Cohesion Policy payments do not cause public investments to increase significantly, which points to a crowding out of national investment. Moreover, the hypothesis that EU Cohesion Policy is used for the consolidation of public budgets cannot be completely rejected.en_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 09-051en_US
dc.subject.keywordEU Cohesion Policyen_US
dc.subject.keywordpublic investmenten_US
dc.subject.keywordpublic deficitsen_US
dc.subject.keywordpanel dataen_US
dc.titleHow does EU cohesion policy work? Evaluating its effects on fiscal outcome variablesen_US
dc.typeWorking Paperen_US
Appears in Collections:ZEW Discussion Papers, Zentrum für Europäische Wirtschaftsforschung (ZEW)
Publikationen von Forscherinnen und Forschern des Zentrums für Europäische Wirtschaftsforschung (ZEW)

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