IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v26y2019i10p872-876.html
   My bibliography  Save this article

An assessment of the impact of EU funds through productivity boosts using CES functions

Author

Listed:
  • M. Alejandro Cardenete
  • M. Carmen Lima
  • Ferran Sancho

Abstract

The economic effects of European Funds on recipient countries are not without controversy. We propose to study this issue focusing on the productivity coefficients of CES production functions in a multisectoral, interdependent general equilibrium model. We adopt the calibration techniques typically used in computational general equilibrium modelling to estimate a numerical improvement in the productivity coefficients of the CES functions. The array of different funds belongs to two broad categories associated with the two types of primary factors, labour and capital, that determine the output. Once we estimate the change in productivity coefficients in labour and in capital, we introduce them into a computable general equilibrium model and simulate their effects, all else being equal, in order to quantify their likely economy-wide effects.

Suggested Citation

  • M. Alejandro Cardenete & M. Carmen Lima & Ferran Sancho, 2019. "An assessment of the impact of EU funds through productivity boosts using CES functions," Applied Economics Letters, Taylor & Francis Journals, vol. 26(10), pages 872-876, June.
    • Handle: RePEc:taf:apeclt:v:26:y:2019:i:10:p:872-876
    DOI: 10.1080/13504851.2018.1508867
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2018.1508867
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2018.1508867?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:26:y:2019:i:10:p:872-876. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.