Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/30716 
Year of Publication: 
2010
Series/Report no.: 
CESifo Working Paper No. 2918
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
This paper develops a simple model that can be used to estimate the effectiveness of Cohesion expenditure relative to similar but unsubsidized projects, thereby making it possible to explicitly test an important assumption that is often implicit in estimates of the impact of Cohesion policies. Some preliminary results are reported for the case of infrastructure investment in the Spanish regions.
Subjects: 
Cohesion policy effectiveness
structural fund evaluation
JEL: 
R58
H54
Document Type: 
Working Paper
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