The impact of the EU cohesion policy spending a model-based assessment

EU cohesion policy supports investment in infrastructure, R&D and human capital in Europe’s poorer regions. This chapter summarises model-based assessments of the potential macro-economic impact of these fiscal transfers using a micro-founded dynamic general equilibrium model with semi-endogenou...

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Bibliographische Detailangaben
Veröffentlicht in:Does EU membership facilitate convergence? ; Volume 2: Channels of interaction
1. Verfasser: Varga, Janos (VerfasserIn)
Weitere Verfasser: Veld, Jan in 't (VerfasserIn)
Pages:2
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2021
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Beschreibung
Zusammenfassung:EU cohesion policy supports investment in infrastructure, R&D and human capital in Europe’s poorer regions. This chapter summarises model-based assessments of the potential macro-economic impact of these fiscal transfers using a micro-founded dynamic general equilibrium model with semi-endogenous growth and human capital accumulation. It gives an overview of total cohesion spending over the three programme periods from 2000 to 2020. The simulations show the potential benefits of Structural Funds with significant output gains in the long run due to sizeable productivity improvements.
Beschreibung:Bibliografie: Seite 111-112
Beschreibung:Diagramme
ISBN:9783030577018