Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/283074 
Erscheinungsjahr: 
2022
Schriftenreihe/Nr.: 
JRC Working Papers on Territorial Modelling and Analysis No. 12/2022
Verlag: 
European Commission, Joint Research Centre (JRC), Seville
Zusammenfassung: 
We investigate the effects of the 2014-20 European structural funds with a general equilibrium model calibrated on the NUTS 1 regions of the EU. We assume forward-looking agents to account for expectations and long-lasting effects of the policy. The almost €260 billion of investments lead the European GDP to be 0.3% higher in 2022 than it would be in the absence of the policy. Interestingly, this effect is lower than what a model with myopic agents would suggest. The regional distribution of the differences in the GDP impacts between the two settings indicates that the largest deviations are recorded for the net recipient regions, with interesting implications regarding the policy credibility, the nature of the interventions and their duration.
Schlagwörter: 
general equilibrium modelling
forward-looking behaviour
regional economics
cohesion policy
JEL: 
C68
D58
R13
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
5.42 MB





Publikationen in EconStor sind urheberrechtlich geschützt.