The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical...

Given its unpredictable nature, urban sprawl in the Mediterranean region is considered an intriguing (and intricate) socioeconomic issue. Since the 1970s, urban dispersion advanced rapidly in southern Europe-irrespective of a city's size and morphology-with urbanization rates growing faster than...

Significant disparities still exist between regions of the European Union, even though substantial Cohesion investments are directed to address this issue. To adjust the Cohesion Policy (CP), researchers assess the returns of the CP, but almost all studies are carried out at NUTS1&2 or a country...

Does foreign aid target the poorest people in developing countries? We examine this question in the context of World Bank foreign aid projects at the local level in 50 countries worldwide. We combine georeferenced data on World Bank foreign aid projects with remote-sensing data on nighttime...

This study introduces a new firm-level dataset containing over two million projects co-funded by the European Union’s (EU) structural and Cohesion funds in 25 EU member states in the multi-annual financial framework 2007-2013. Information on individual beneficiary firms and institutions...

This paper provides a contribution to the debate on the role of EU cohesion policy in Italy. The focus is on the territorial effects of EU spending from 1996 to 2007. The empirical analysis considers a neoclassical growth model which is augmented by the structural funds spent by each region....

Previous application of the stochastic frontier model and subsequent measurement of the performance of the crop sector can be criticized for the estimated production function relying on the assumption that the underlying technology is the same for different agricultural systems. This paper...

In Deutschland gibt es beträchtliche regionale Unterschiede in der Ausprägung sozioökonomischer Indikatoren, die die Lebensverhältnisse beeinflussen. Es wird deshalb in Politik und Gesellschaft diskutiert, ob die im Grundgesetz postulierte Gleichwertigkeit der Lebensverhältnisse noch...

The aim of our analysis is the evaluation of the total and sectoral convergence of labour productivity between 182 regions of EU12 in the period 1991-2006. The selected sectors are agriculture, manufactory, market and non-market services. We adopt a β- and sígma-convergence approach along with...

We develop an empirical approach to examine static and dynamic knowledge externalities in the context of a regional total factor productivity relationship. Static externalities refer to current period scale or industry-size effects which have been labeled localization externalities or...