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The Impact of European Structural Funds in the South of Spain

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  • M. C. Lima
  • M. A. Cardenete

Abstract

Over the last decades, the European Union has contributed to the development of poor regions of the Associate Members. This is the case of Andalusia, an Objective 1 region for the European regional policy in the south of Spain. In this paper we carry out an impact analysis of the European Regional Development Fund (ERDF), one of the most important Structural Funds, to the object of assessing its effect on aggregate and sectoral production, price indexes and consumers’ welfare. To this extend we compute an Applied General Equilibrium Model (AGEM) and we present a counterfactual analysis with simulations for three representative years: 1990, 1995 and 1999. We conclude that regional funding has deeply contributed to Andalusian regional development and the effectiveness of the funds seems to be larger for the last years of the study.

Suggested Citation

  • M. C. Lima & M. A. Cardenete, 2008. "The Impact of European Structural Funds in the South of Spain," European Planning Studies, Taylor & Francis Journals, vol. 16(10), pages 1445-1457, November.
  • Handle: RePEc:taf:eurpls:v:16:y:2008:i:10:p:1445-1457
    DOI: 10.1080/09654310802420169
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    Cited by:

    1. José I. Castillo-Manzano & Antonio Sánchez-Braza, 2011. "An Evaluation of the Establishment of a Taxi Flat Rate from City to Airport: The Case of Seville," Urban Studies, Urban Studies Journal Limited, vol. 48(9), pages 1909-1924, July.
    2. Manuel Alejandro Cardenete & María del Carmen Delgado, 2015. "Impact assessment of European funds in Andalusia 2007-2013. A CGE approach," Working Papers 2015-001, Universidad Loyola Andalucía, Department of Economics.
    3. Romero, Isidoro & Fernández-Serrano, José, 2014. "The European Cohesion policy and the promotion of entrepreneurship. The case of Andalusia," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 29, pages 215-236.
    4. Sébastien Mary & Fabien Santini & Maria Espinosa & Alejandro Cardenete & Sergio Gomez y Paloma, 2013. "The rural-urban spillovers of EU structural policies in Cordoba, Spain," JRC Research Reports JRC85301, Joint Research Centre.
    5. Jana Kolaøíková & Ondøej Dvouletý & Petr Kolaøík, 2018. "Economic performance of the NUTS III Regions in the Czech Republic in the context of entrepreneurship subsidies from the EU Structural Funds," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 36(1), pages 129-153.

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