Philipp Mohl evaluates the macroeconomic effects of EU Cohesion Policy with the help of empirical methods. His findings indicate that in particular the part of EU Cohesion Policy which is spent for the poorest regions (the so-called Objective 1 funding) has a positive and statistically significant impact on economic growth. Moreover, the employment effects of EU Cohesion Policy seem to be conditional on the educational attainment, i.e., in particular regions with a high share of high-skilled population tend to benefit from EU funds. Finally, the author does not find evidence that EU funds significantly increase public investment in the EU countries, which points to a crowding out of national investment. Overall, the gained insights contribute to a more profound understanding of the macroeconomic effects of EU Cohesion Policy, which is essential to design an effective and efficient EU spending system.
Empirical Evidence on the Macroeconomic Effects of EU Cohesion Policy
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Philipp Mohl evaluates the macroeconomic effects of EU Cohesion Policy with the help of empirical methods. His findings indicate that in particular the part of EU Cohesion Policy which is spent for the poorest regions (the so-called Objective 1 funding) has a positive and statistically significant impact on economic growth. Moreover, the employment effects of EU Cohesion Policy seem to be conditional on the educational attainment, i.e., in particular regions with a high share of high-skilled population tend to benefit from EU funds. Finally, the author does not find evidence that EU funds significantly increase public investment in the EU countries, which points to a crowding out of national investment. Overall, the gained insights contribute to a more profound understanding of the macroeconomic effects of EU Cohesion Policy, which is essential to design an effective and efficient EU spending system.
This volume examines the tension between competitiveness, liberalization, and the reduction of regional inequalities within the European Union on the verge of territorial expansion. Areas covered...
EU Cohesion policy accounts for a major share of the EU budget and is central to economic and social development in many European countries. This book provides a comprehensive and...
This book presents the first major comparative study of EU Cohesion policy after the May 2004 enlargement and the 2006 Cohesion policy reform. Using a balanced selection of case studies from both old...
Acknowledgements Introduction Notes on Contributors to the Volume PART I: PRICE CONVERGENCE, DEMAND AND GROWTH Effects of Accession to the EU on Prices, Wages and Aggregate Demand in CEE Countries; H...
Seminar paper from the year 2008 in the subject Politics - International Politics - Topic: European Union, grade: 1,3, Berlin School of Economics and Law, course: Modul: Europäische...
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