Are we spending too much to grow? The case of Structural Funds
Cerqua, A. and Pellegrini, G. 2018. Are we spending too much to grow? The case of Structural Funds. Journal of Regional Science. 58 (3), pp. 535-563. https://doi.org/10.1111/jors.12365
Cerqua, A. and Pellegrini, G. 2018. Are we spending too much to grow? The case of Structural Funds. Journal of Regional Science. 58 (3), pp. 535-563. https://doi.org/10.1111/jors.12365
Title | Are we spending too much to grow? The case of Structural Funds |
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Type | Journal article |
Authors | Cerqua, A. and Pellegrini, G. |
Abstract | We evaluate whether the impact of EU Structural and Cohesion Funds (EUF) on Member States’ regional economic growth depends on the intensity of treatment, measured by the normalized amount of funds distributed in each region. We use an original dataset that covers all the main sources of EUF and extend the regression discontinuity design to the case of continuous treatment. The results suggest an average positive effect on regional growth. The estimated conditional intensity-growth function is concave and presents a maximum value. Therefore, the exceeding funds could have been allocated to other lagging regions without reducing the effect on growth. |
Keywords | EU Structural and Cohesion Funds; intensity of treatment; continuous regression discontinuity design |
Journal | Journal of Regional Science |
Journal citation | 58 (3), pp. 535-563 |
ISSN | 0022-4146 |
Year | 2018 |
Publisher | Wiley |
Accepted author manuscript | |
Digital Object Identifier (DOI) | https://doi.org/10.1111/jors.12365 |
Publication dates | |
Published online | 26 Oct 2017 |
Published | 26 Oct 2017 |
Published in print | Jun 2018 |