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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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File URL: http://www.u-bourgogne.fr/leg/documents-de-travail/e2007-02.pdf
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Bibliographic Info

Paper provided by LEG, Laboratoire d'Economie et de Gestion, CNRS UMR 5118, 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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Postal: Pôle d'Economie et de Gestion - 2, bd Gabriel - BP 26611 - F-21066 Dijon cedex - France
Phone: 03 80 39 54 30
Fax: 33 (0)3 80 39 54 43
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Web page: http://www.u-bourgogne.fr/LEG
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Related research

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

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References

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  1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-37, October.
  2. Andres RodrIguez-Pose & Ugo Fratesi†, 2004. "Between Development and Social Policies: The Impact of European Structural Funds in Objective 1 Regions," Regional Studies, Taylor and Francis Journals, vol. 38(1), pages 97-113.
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  6. Miguel Leon-Ledesma, 2000. "Economic Growth and Verdoorn's Law in the Spanish Regions, 1962-91," International Review of Applied Economics, Taylor and Francis Journals, vol. 14(1), pages 55-69.
  7. Sjef Ederveen & Richard Nahuis & Henri L.F. de Groot, 2003. "Fertile soil for Structural Funds? A panel data analysis of the conditional effectiveness of European cohesion policy," Working Papers 03-14, Utrecht School of Economics.
  8. Maria Abreu & Henri L.F. de Groot & Raymond J.G.M. Florax, 2004. "Space and Growth," Tinbergen Institute Discussion Papers 04-129/3, Tinbergen Institute.
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  18. Martin, Philippe & Rogers, Carol Ann, 1994. "Industrial Location and Public Infrastructure," CEPR Discussion Papers 909, C.E.P.R. Discussion Papers.
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  21. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December.
  22. Barro, Robert J & Sala-i-Martin, Xavier, 1992. "Convergence," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-51, April.
  23. Bernard Fingleton, 2004. "Some alternative geo-economics for Europe's regions," Journal of Economic Geography, Oxford University Press, vol. 4(4), pages 389-420, August.
  24. LE GALLO, Julie, 2000. "Econométrie spatiale 1 -Autocorrélation spatiale," LATEC - Document de travail - Economie (1991-2003) 2000-05, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
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