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Evaluating Micro and Macro Effects of Regional Development Policies: The Case of the Northeast Regional Fund (FNE) in Brazil, 2000-2006

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  • Guilherme Resende

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Abstract

The goal of this paper is to carry out two outcome evaluations of the northeast regional fund (FNE) in Brazil. With this aim, the paper assembles two types of outcome evaluation often implemented separately in the evaluation literature. The results of the micro- and macro-evaluations show that although there is a positive and statistically significant impact of the FNE industrial loans on job creation at the (micro) firm level, this impact is still too limited to have any significant effect on GDP per capita growth at the municipal (macro) level and thus reduce the regional inequalities in Brazil.

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  • Guilherme Resende, 2011. "Evaluating Micro and Macro Effects of Regional Development Policies: The Case of the Northeast Regional Fund (FNE) in Brazil, 2000-2006," ERSA conference papers ersa10p853, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa10p853
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    1. Cullen, Julie Berry & Jacob, Brian A. & Levitt, Steven D., 2005. "The impact of school choice on student outcomes: an analysis of the Chicago Public Schools," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 729-760, June.
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    3. Andres RodrIguez-Pose & Ugo Fratesi†, 2004. "Between Development and Social Policies: The Impact of European Structural Funds in Objective 1 Regions," Regional Studies, Taylor & Francis Journals, vol. 38(1), pages 97-113.
    4. 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.
    5. Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March.
    6. Timothy J. Bartik, 2004. "Economic Development," Book chapters authored by Upjohn Institute researchers, in: J. Richard Aronson & Eli Schwartz (ed.), Managememnt Policies in Local Government Finance, pages 355-390, W.E. Upjohn Institute for Employment Research.
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