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Money Can't Buy EU Love: European Funds and the Brexit Referendum

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Listed:
  • Jan Fidrmuc
  • Martin Hulényi
  • Cigdem Börke Tunali

Abstract

We explore the role of the transfers that UK regions received from the European structural and cohesion funds, as well as other economic and social factors, in determining the support for the Remain vote in the Brexit referendum. We .nd that past European transfers have played virtually no role in the referendum. Economically strong regions tend to be in favor of remaining in the EU. Somewhat surprisingly, the intensity of immigration from the EU is positively correlated with the Remain vote.

Suggested Citation

  • Jan Fidrmuc & Martin Hulényi & Cigdem Börke Tunali, 2016. "Money Can't Buy EU Love: European Funds and the Brexit Referendum," CESifo Working Paper Series 6107, CESifo.
    • Handle: RePEc:ces:ceswps:_6107
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    4. Campos, Nauro F. & Coricelli, Fabrizio & Moretti, Luigi, 2014. "Economic Growth and Political Integration: Estimating the Benefits from Membership in the European Union Using the Synthetic Counterfactuals Method," IZA Discussion Papers 8162, Institute of Labor Economics (IZA).
    5. Sandy Dall'erba & Julie Le Gallo, 2008. "Regional convergence and the impact of European structural funds over 1989–1999: A spatial econometric analysis," Papers in Regional Science, Wiley Blackwell, vol. 87(2), pages 219-244, June.
    6. Coricelli, Fabrizio & Campos, Nauro & Moretti, Luigi, 2014. "Economic Growth and Political Integration: Estimating the Benefits from Membership in the European Union Using the Synthetic Co," CEPR Discussion Papers 9968, C.E.P.R. Discussion Papers.
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    Cited by:

    1. repec:spo:wpmain:info:hdl:2441/2i9jel1usb85nr2j7tejsaldfu is not listed on IDEAS
    2. Bachtrögler, Julia & Oberhofer, Harald, 2018. "Euroscepticism and EU Cohesion Policy: The Impact of Micro-Level Policy Effectiveness on Voting Behavior," Department of Economics Working Paper Series 273, WU Vienna University of Economics and Business.
    3. Torben M. Andersen & Giuseppe Bertola & John Driffill & Clemens Fuest & Harold James & Jan-Egbert Sturm & Branko Uroševic, 2017. "Chapter 2: Economic Policy and the Rise of Populism – It’s Not So Simple," EEAG Report on the European Economy, CESifo, vol. 0, pages 50-66, March.
    4. Riccardo Crescenzi & Marco Di Cataldo & Alessandra Faggian, 2018. "Internationalized at work and localistic at home: The ‘split’ Europeanization behind Brexit," Papers in Regional Science, Wiley Blackwell, vol. 97(1), pages 117-132, March.
    5. Yann Algan & Sergei Guriev & Elias Papaioannou & Evgenia Passari, 2017. "The European Trust Crisis and the Rise of Populism," Post-Print hal-02381560, HAL.
    6. repec:hal:spmain:info:hdl:2441/2i9jel1usb85nr2j7tejsaldfu is not listed on IDEAS

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    More about this item

    Keywords

    European integration; economic voting; cohesion policy;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration

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