Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/85837 
Year of Publication: 
2002
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 02-096/3
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its member states and to speed up the process ofconvergence. This paper empirically explores the effectiveness of European Structural Fundsby means of a panel data analysis for 13 countries in the European Union. We show that – onaverage – Structural Funds are ineffective. For countries with the ‘right’ institutions,however, Structural Funds are effective. The latter result is obtained for a wide range ofconditioning variables, such as openness, institutional quality, corruption and indicatorsfor good governance.
Subjects: 
European Cohesion Policy
policy effectiveness
economic growth
European Union.
JEL: 
F35
F36
O11
O40
O52
R58
Document Type: 
Working Paper

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