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Where have all the funds gone? Multiregional input-output analysis of the European Agricultural Fund for Rural Development

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  • Monsalve, Fabio
  • Zafrilla, Jorge Enrique
  • Cadarso, María-Ángeles

Abstract

The new European Agricultural Fund for Rural Development (EAFRD) was purposely established to “contribute to the promotion of sustainable rural development throughout the EU community”. This paper addresses the sustainability of the EAFRD from a triple bottom line perspective in a multiregional input-output model. This framework allows us to study both the trade relations within the EU target regions and also the relations of the EU with some other regions in the world. Additionally, the model allows us to determine the losses (leakages) or gains (boosts and feedbacks) of a wide range of effects. On the other hand, this framework allows a simultaneous consideration of socioeconomic and environmental fund effects to identify their causes and flows and to clarify and reallocate benefits and responsibilities across levels and regions. The estimation of direct and indirect impact effects in an EU country clarifies the following: a) how the leakages to other regions generate a final economic impact that redistributes the prior fund distribution; b) how relevant the countries' participation in global production chains are; and c) how the potential existence of an ecological unequal exchange is assessed. The main data originate from the WIOD database and the European Network for Rural Development.

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  • Monsalve, Fabio & Zafrilla, Jorge Enrique & Cadarso, María-Ángeles, 2016. "Where have all the funds gone? Multiregional input-output analysis of the European Agricultural Fund for Rural Development," Ecological Economics, Elsevier, vol. 129(C), pages 62-71.
  • Handle: RePEc:eee:ecolec:v:129:y:2016:i:c:p:62-71
    DOI: 10.1016/j.ecolecon.2016.06.006
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    Cited by:

    1. Javier Castaño & Maria Blanco & Pilar Martinez, 2019. "Reviewing Counterfactual Analyses to Assess Impacts of EU Rural Development Programmes: What Lessons Can Be Learned from the 2007–2013 Ex-Post Evaluations?," Sustainability, MDPI, Open Access Journal, vol. 11(4), pages 1-22, February.
    2. Banacloche, Santacruz & Gamarra, Ana R. & Lechon, Yolanda & Bustreo, Chiara, 2020. "Socioeconomic and environmental impacts of bringing the sun to earth: A sustainability analysis of a fusion power plant deployment," Energy, Elsevier, vol. 209(C).
    3. Zafrilla, Jorge-Enrique & Arce, Guadalupe & Cadarso, María-Ángeles & Córcoles, Carmen & Gómez, Nuria & López, Luis-Antonio & Monsalve, Fabio & Tobarra, María-Ángeles, 2019. "Triple bottom line analysis of the Spanish solar photovoltaic sector: A footprint assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 114(C), pages 1-1.
    4. Ángela García-Alaminos & Fabio Monsalve & Jorge Zafrilla & Maria-Angeles Cadarso, 2020. "Unmasking social distant damage of developed regions’ lifestyle: A decoupling analysis of the indecent labour footprint," PLOS ONE, Public Library of Science, vol. 15(4), pages 1-17, April.
    5. Banacloche, Santacruz & Cadarso, Maria Angeles & Monsalve, Fabio & Lechon, Yolanda, 2020. "Assessment of the sustainability of Mexico green investments in the road to Paris," Energy Policy, Elsevier, vol. 141(C).

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