Assessing the effectiveness of EU’s regional policies:a new approach
AbstractIn this paper, we propose a new methodology for the assessment of EU’s regional policies, making use of the HERMIN macroeconometric model. A major feature of our approach is that allows us to compare the actual evolution of the economy under analysis, with and without European funds, so that we should be able to assess in a more accurate way the effectiveness of the EU aid over the period of analysis. An empirical application of the methodology is also offered, using as a case study an Objective 1 Spanish region, Castilla-La Mancha, traditionally backward but showing in last years a special dynamism.
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Bibliographic InfoPaper provided by Centro de Estudios Andaluces in its series Economic Working Papers at Centro de Estudios Andaluces with number E2004/39.
Length: 19 pages
Date of creation: 2004
Date of revision:
EU’s regional policies; Community Support Frameworks; HERMIN-Spain model; Castilla-La Mancha.;
Other versions of this item:
- Sim�n Sosvilla-Rivero & Oscar Bajo-Rubio & Carmen Díaz-Rold�n, 2006. "Assessing the effectiveness of the EU's regional policies on real convergence: An analysis based on the HERMIN model," European Planning Studies, Taylor & Francis Journals, vol. 14(3), pages 383-396, April.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán & Simón Sosvilla-Rivero, 2004. "Assessing the effectiveness of EU’s regional policies: a new approach," ERSA conference papers ersa04p152, European Regional Science Association.
- H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
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