Showing 1 - 10 of 13
In this paper we assess the system-wide economic impact of the key financial instruments adopted by the European Union for the implementation of the regional policy: The Structural funds and The Cohesion Funds. We take a bottom-up approach by aggregating the 86 categories of expenditures defined...
Persistent link: https://www.econbiz.de/10011981477
We employ the spatial dynamic general equilibrium model RHOMOLO to estimate the economic impact of the 2021-2027 Cohesion Policy in Bulgarian NUTS-2 regions and analyse the implications for growth and development in Bulgaria. The main investment areas covered by the policy fall into the...
Persistent link: https://www.econbiz.de/10012622842
convergence by facilitating the migration of workers out of the low-productivity agricultural sector into the industry and … convergence with frontier countries. This has the potential to lift millions more out of poverty without exacerbating income …
Persistent link: https://www.econbiz.de/10011399569
Economic and Monetary Union (EMU) and increase its resilience, inter alia, by speeding up economic convergence. The impact of … transfers in real and business cycle convergence at a regional level. The paper distinguishes between net fiscal transfers – a … provides evidence that net fiscal transfers have contributed to income redistribution across regions and to faster convergence …
Persistent link: https://www.econbiz.de/10012319164
This paper focuses on the growth and convergence of Central, Eastern and South-Eastern European EU countries (CESEE …
Persistent link: https://www.econbiz.de/10012433894
Rizzo (2004), we characterize the change and convergence of net equivalized income distributions among European Union … inequality-affecting (shape-in uenced) convergence of distributions. …
Persistent link: https://www.econbiz.de/10012053562
include sub-national fiscal policies. Baseline results show convergence rates of regional GDP per capita in line with the 2 …% “iron law of convergence” between countries. Capital investment, and public investment in particular, is a stronger driver … government expenditure is associated with lower growth and slower regional convergence, suggesting low sub-national spending …
Persistent link: https://www.econbiz.de/10011995785
Persistent link: https://www.econbiz.de/10001608701
We analyse the impact of the investments related to the European Cohesion policy in Portugal over the 2014-2020 programming period. We use the spatial dynamic general equilibrium model RHOMOLO to identify the direct and indirect effects stemming from a variety of spending categories and economic...
Persistent link: https://www.econbiz.de/10012594032
productivity (MFP) convergence in a panel of 42 countries. The OECD long-term growth model is augmented to show that, in addition … to trade openness, an economy’s speed of convergence to its long-run steady state level of MFP is an increasing function …
Persistent link: https://www.econbiz.de/10010465017