Are we spending too much to grow? The case of Structural Funds

被引：59

作者：

Cerqua, Augusto ^{[1
]}

Pellegrini, Guido ^{[2
]}

机构：

[1] Univ Westminster, Dept Econ & Quantitat Method, 35 Marylebone Rd, London NW1 5LS, England

[2] Sapienza Univ Rome, Dept Social & Econ Sci, Ple Aldo Moro 5, I-00185 Rome, Italy

来源：

JOURNAL OF REGIONAL SCIENCE | 2018年 / 58卷 / 03期

关键词：

continuous regression discontinuity design; EU Structural and Cohesion Funds; intensity of treatment; REGRESSION DISCONTINUITY DESIGN; REGIONAL POLICY; EUROPEAN-UNION; IMPACT;

D O I：

10.1111/jors.12365

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We evaluate whether the impact of EU Structural and Cohesion Funds (EUF) on Member States' regional economic growth depends on the intensity of treatment, measured by the normalized amount of funds distributed in each region. We use an original data set that covers all the main sources of EUF and extend the regression discontinuity design to the case of continuous treatment. The results suggest an average positive effect on regional growth. The estimated conditional intensity-growth function is concave and presents a maximum value. Therefore, the exceeding funds could have been allocated to other lagging regions without reducing the effect on growth.

引用

页码：535 / 563

页数：29

共 32 条

[11] How are growth and productivity in private firms affected by public subsidy? Evidence from a regional policy [J].