| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3879 |
| DP3879 The Effectiveness of Structural Policy in the European Union: An Empirical Analysis for the EU-15 during the Period 1995-2001 | |
| Sylvester Eijffinger; Maaike Beugelsdijk | |
| 发表日期 | 2003-04-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | The main aim of Structural Policy is to decrease the regional disparities within the European Union. In 2004 it is expected that ten new member countries join the EU. It is expected that this enlargement will cause strong regional disparities within the Union. For this reason the distribution of the financial support by Structural Policy will undergo drastic changes. In this study we considered two main themes. First, convergence of the current EU-member countries is empirically tested, for the period 1995-2002, and the effect of the Structural Funds in this context is identified. Structural Funds seem to have had a positive impact and poorer countries (like Greece) seem to have caught up with the richer countries. The importance of the Structural Funds in this respect can therefore not be neglected. Second, we touch upon the problem of moral hazard and the substitution effect. It may be expected that receivers of Structural Funds in some cases are not really eligible and may therefore use the Funds inefficiently. Our first and preliminary results seem to indicate that the less clean countries (or as we measure it, more ?corrupt? countries) of the current EU-15 do not gain less economic growth from the Structural Funds. The hypothesis that Structural Funds contributed to less interregional disparities within the current 15 European countries cannot be rejected. This might mean the intended plans of channelling a big share of the Funds to the candidate countries in 2007-13 will probably contribute to higher economic growth in these countries. |
| 主题 | International Macroeconomics |
| 关键词 | Convergence European union Eu enlargement Structural policy |
| URL | https://cepr.org/publications/dp3879 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532863 |
| 推荐引用方式 GB/T 7714 | Sylvester Eijffinger,Maaike Beugelsdijk. DP3879 The Effectiveness of Structural Policy in the European Union: An Empirical Analysis for the EU-15 during the Period 1995-2001. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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