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Politiques de développement et croissance régionale en Europe : le rôle des rendements croissants et des dépendances spatiales

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Author Info

  • GUILLAIN, Rachel

    ()
    (LEG - CNRS UMR 5118 - Université de Bourgogne)

  • DALL'ERBA, Sandy

    ()

  • LE GALLO, Julie

    ()

Abstract

This paper assesses the impact of structural funds on the manufacturing sector of 145 European regions in the context of a Verdoorn’s law for the period 1989-2004. Three main innovations are included. First, we pay attention to the nature of the cohesion objective under study. Second, the geographical linkages between regions are explicitly taken into account by using spatial econometric techniques. Third, potential endogeneity of explanatory variables is systematically checked. The results are in favour of increasing returns and of a significant but small and negative impact of funds.

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Bibliographic Info

Paper provided by LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne in its series LEG - Document de travail - Economie with number 2007-02.

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Length: 25 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:lat:legeco:2007-02

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Keywords: growth; regional policy; increasing returns; Europe; spatial econometrics;

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References

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