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The effect of Structural Fund spending on the Spanish regions: an assessment of the 1994-99 Objective 1 CSF

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Author Info
Angel de la Fuente ()

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Abstract

This paper analyzes the growth and employment effects of the 1994-99 Community Support Framework (CSF) for the Objective 1 Spanish regions using a simple supply-side model estimated with a panel of regional data. The results suggest that the impact of the Structural Funds in Spain has been quite sizable, adding around a percentage point to annual output growth in the average Objective 1 region and 0.4 points to employment growth. Over the period 1994-2000, the Framework has resulted in the creation of over 300,000 new jobs and has eliminated 20% of the initial gap in income per capita between the assisted regions and the rest of the country.

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Publisher Info
Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 538.02.

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Length: 59
Date of creation: 25 Sep 2002
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Handle: RePEc:aub:autbar:538.02

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Related research
Keywords: structural funds; regional policy; infrastructures;

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Find related papers by JEL classification:
R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy
H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Bradley, John & Whelan, Karl & Wright, Jonathan, 1995. "HERMIN Ireland," Economic Modelling, Elsevier, vol. 12(3), pages 249-274, July. [Downloadable!] (restricted)
  2. Arantza Gorostiaga, 1999. "¿Cómo afecta el capital público y el capital humano al crecimiento?," Investigaciones Economicas, Fundación SEPI, vol. 23(1), pages 95-114, January. [Downloadable!]
  3. Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February. [Downloadable!] (restricted)
  4. Matilde Mas & Joaquín Maudos & Francisco Pérez & Ezequiel Uriel, 1996. "Infrastructures and Productivity in the Spanish Regions," Regional Studies, Taylor and Francis Journals, vol. 30(7), pages 641-649, November. [Downloadable!] (restricted)
    Other versions:
  5. Angel de la Fuente & Antonio Ciccone, 2003. "Human capital in a global and knowledge-based economy," UFAE and IAE Working Papers 562.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
    Other versions:
  6. Herce, Jose-Antonio & Sosvilla-Rivero, Simon, 1995. "HERMIN Spain," Economic Modelling, Elsevier, vol. 12(3), pages 295-311, July. [Downloadable!] (restricted)
  7. de la Fuente, Angel, 2002. "Is the Allocation of Public Capital Across the Spanish Regions too Redistributive?," CEPR Discussion Papers 3138, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  8. Teresa Garcia-Milà & Therese J. McGuire & Robert H. Porter, 1993. "The Effect of Public Capital in State-Level Production Functions Reconsidered," Economics Working Papers 36, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  9. Evans, Paul & Karras, Georgios, 1994. "Are Government Activities Productive? Evidence from a Panel of U.S. States," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 1-11, February. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Simón Sosvilla-Rivero, . "Structural Funds and Spain’s Objective 1 Regions: An Analysis Based on the Hermin Model," Working Papers 2005-24, FEDEA. [Downloadable!]
  2. Antonio Morillas & Laura Moniche & J Marcos Castro, 2005. "Efectos Ultra Frontera Y Convergencia Regional. Una Reflexión A Partir Del Mac 94-99 En Andalucía," Urban/Regional 0512008, EconWPA. [Downloadable!]
  3. Rosella Nicolini, 2008. "Agglomeration and inequality across space: What can we learn from the European experience?," Working Papers wpdea0809, Department of Applied Economics at Universitat Autonoma of Barcelona. [Downloadable!]
  4. Antonio Morillas & Laura Moniche & Marc Castro, 2004. "Evaluation of Cross-Border Leakages in Community Support Frameworks. The case of Andalusia (Spain)," ERSA conference papers ersa04p674, European Regional Science Association. [Downloadable!]
  5. Shankar, Raja & Shah, Anwar, 2009. "Lessons from European Union policies for regional development," Policy Research Working Paper Series 4977, The World Bank. [Downloadable!]
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