An interregional impact analysis of the EU structural funds in Spain (1995-1999)
This paper uses an interregional input output model to estimate the economic impact of the EU structural funds received by the Spanish regions during the period 1995-1999. We attempt to cast further light on the interregional effects that the funds have produced in terms of output, value added and employment, not just in the regions where they were originally allocated, but also in the rest of the regions. This analysis offers additional information than the one attained using macroeconomic models which do not take interregional spillovers into account. The results are relevant regarding the discussion about the effectiveness of EU cohesion policy, and the share of output effects that are captured by the richest regions through their intersectoral linkages. Copyright (c) 2009 the author(s). Journal compilation (c) 2009 RSAI.
Volume (Year): 88 (2009)
Issue (Month): 3 (08)
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