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Fertile Soil for Structural Funds? Author info | Abstract | Publisher info | Download info | Related research | Statistics Sjef Ederveen () (CPB Netherlands Bureau for Economic Policy Analysis)
Henri L.F. de Groot () (Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam)
Richard Nahuis () (CPB Netherlands Bureau for Economic Policy Analysis)
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Structural funds are the most intensively used policy instrument by the European Union to promote economic growth in its member states and to speed up the process of convergence. This paper empirically explores the effectiveness of European Structural Funds by means of a panel data analysis for 13 countries in the European Union. We show that – on average – Structural Funds are ineffective. For countries with the ‘right’ institutions, however, Structural Funds are effective. The latter result is obtained for a wide range of conditioning variables, such as openness, institutional quality, corruption and indicators for good governance.
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Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number
02-096/3.
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Date of creation: 07 Oct 2002Date of revision:
Handle: RePEc:dgr:uvatin:20020096Contact details of provider: Web page: http://www.tinbergen.nl/
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Keywords: European Cohesion Policy policy effectiveness economic growth European Union. Find related papers by JEL classification: F35 - International Economics - - International Finance - - - Foreign Aid F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy
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Ville Kaitila, 2004.
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"Spatial econometric analysis of the evolution of the European regional convergence process, 1980-1999 ,"
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0311001, EconWPA, revised 21 May 2005.
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[Downloadable!] John Bradley & Edgar Morgenroth & Gerhard Untiedt, 2003.
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