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Going NUTS : the effect of EU structural funds on regional performance

Becker, Sascha O.; Egger, Peter; Ehrlich, Maximilian Von; … - 2008

The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....

Persistent link: https://www.econbiz.de/10003803543

Banking and industrialization

Heblich, Stephan; Trew, Alex - 2015

We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...

Persistent link: https://www.econbiz.de/10011342399

The elusive quest for the holy grail of an impact of EU funds on regional growth

Fidrmuc, Jan; Hulényi, Martin; Zajkowska, Olga - 2019

We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle the potential problem of endogeneity, and estimating a spatial model to account for inter-regional spillovers. We use the presence of environmentally protected areas (under the...

Persistent link: https://www.econbiz.de/10012138778

Regional economic impacts of the Øresund cross-border fixed link : cui bono?

Funke, Michael; Männasoo, Kadri; Tasane, Helery - 2023

Recently, there has been a growing interest in newly developed econometric tools to conduct counterfactual analysis when a treated unit experiences a policy intervention, and an artificial control group has to be constructed. Adopting novel penalized synthetic control methods, we quantify the...

Persistent link: https://www.econbiz.de/10014313446

Highways, market access, and spatial sorting

Fretz, Stephan; Parchet, Raphaël; Robert-Nicoud, Frédéric - 2017

We design a spatial model featuring workers embodied with heterogeneous skills. In equilibrium, locations with improved market access become relatively more attractive to the high-skilled, high-income earners. We then empirically analyze the effects of the construction of the Swiss highway...

Persistent link: https://www.econbiz.de/10011761580

The language effect in international trade : a meta-analysis

Egger, Peter; Lassmann, Andrea - 2011

Gravity models of international trade have been frequently applied to estimate the impact of common (official or spoken) language on bilateral trade. This study provides a meta-analysis based on 701 language effects collected from 81 academic articles. On average, a common (official or spoken)...

Persistent link: https://www.econbiz.de/10009412376

Performative state capacity and climate (in)action

Feld, Immanuel; Fetzer, Thiemo - 2024

Climate action requires significant public- and private sector investment to achieve meaningful reductions in carbon emissions. This paper documents that large-scale austerity, coupled with barriers to flows of data and a lack of (digital) skills in (local) government, may have been a...

Persistent link: https://www.econbiz.de/10014490829

EU cohesion policy on the ground : analyzing small-scale effects using satellite data

Bachtrögler, Julia; Dolls, Mathias; Krolage, Carla; … - 2022

We present a novel approach for analyzing the effects of EU cohesion policy on local economic activity. For all municipalities in the border area of the Czech Republic, Germany and Poland, we collect project-level data on EU funding in the period between 2007 and 2013. Using night light emission...

Persistent link: https://www.econbiz.de/10013426556

An open-economy Ramsey-Cass-Koopmans model in reduced form

Spiro, Daniel - 2021

-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …

Persistent link: https://www.econbiz.de/10012619417

The impact of fiscal policy on profits

Katsimē, Margarita; Sarantides, Vassilis - 2009

This paper investigates the impact of fiscal policy on profits using panel data for 19 high-income OECD countries during the period 1975-1999. We estimate a profit equation in which profits depend on a set of fiscal variables. Our empirical method is based on a consistent treatment of the...

Persistent link: https://www.econbiz.de/10003898835

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