Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/116243 
Year of Publication: 
2003
Series/Report no.: 
43rd Congress of the European Regional Science Association: "Peripheries, Centres, and Spatial Development in the New Europe", 27th - 30th August 2003, Jyväskylä, Finland
Publisher: 
European Regional Science Association (ERSA), Louvain-la-Neuve
Abstract: 
Structural funds are the most intensively used policy instrument by the European Union to promote economic growth in its member states and to speed up the process of convergence. This paper empirically explores the effectiveness of European Structural Funds by means of a panel data analysis for 13 countries in the European Union. We show that - on average - Structural Funds are ineffective. For countries with the ?right? institutions, however, Structural Funds are effective. The latter result is obtained for a wide range of conditioning variables, such as openness, institutional quality, corruption and indicators for good governance. JEL codes: F35, F36, O11, O40, O52, R58 Keywords: European Cohesion Policy, policy effectiveness, economic growth, European Union
Document Type: 
Conference Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.