Structural funds, EU enlargement, and the redistribution of FDI in Europe

Fritz Breuss, Peter Egger, Michael Pfaffermayr

The envisaged EU enlargements will lead to a redirection of Structural and Cohesion Funds expenditures from current to new EU members. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows that a hypothetical reallocation of Structural Funds as envisaged by Agenda 2000 leads to a redistribution of FDI by approximately 5-7 percentage points from the current EU members to the accession countries (2004 scenario) and by about 7-9 percentage points (2007 scenario), respectively.

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Year of publication:	February 2003
Authors:	Breuss, Fritz ; Egger, Peter ; Pfaffermayr, Michael
Publisher:	Wien : Österreichisches Institut für Wirtschaftsforschung
Subject:	FDI \| Structural Funds \| European integration \| Panel econometrics \| EU-Strukturfonds \| EU structural funds \| EU-Mitgliedschaft \| EU membership \| Auslandsinvestition \| Foreign investment \| Schätzung \| Estimation \| Direktinvestition \| Strukturfonds \| Umverteilung

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Extent:	1 Online-Ressource (circa 33 Seiten)
Series:	WIFO working papers. - Wien : [Verlag nicht ermittelbar], ZDB-ID 2247023-2. - Vol. no. 195
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/128744 [Handle]
Classification:	C33 - Models with Panel Data ; F14 - Country and Industry Studies of Trade ; F15 - Economic Integration
Source:	ECONIS - Online Catalogue of the ZBW

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