The Macroeconomic Effects of EU Regional Structural Funds

IF 4.7 3区 材料科学 Q1 ENGINEERING, ELECTRICAL & ELECTRONIC ACS Applied Electronic Materials Pub Date : 2024-04-22 DOI:10.1093/jeea/jvae031
Fabio Canova
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Abstract

I examine the macroeconomic effects of two EU regional structural funds. The European regional development fund (ERDF) has positive short term average consequences, but gains typically dissipate within three years. The European Social Fund (ESF) has insignificant average short term effects, but the medium term effect is positive and economically important. There are regional heterogeneities in terms of location, level of development, EU tenure, Euro area membership, and national borders. The reaction of regional government expenditure to shocks in the structural funds accounts for the differences. The implications for the EU Recovery and Resilience Facility are discussed.
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欧盟地区结构基金的宏观经济效应
我研究了两个欧盟地区结构基金的宏观经济效应。欧洲地区发展基金(ERDF)具有积极的短期平均效应,但收益通常会在三年内消失。欧洲社会基金(ESF)的短期平均效应不显著,但中期效应是积极的,具有重要的经济意义。各地区在地理位置、发展水平、欧盟任期、欧元区成员资格和国界等方面存在差异。地区政府支出对结构基金冲击的反应是造成差异的原因。本文还讨论了欧盟恢复和复原机制的影响。
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来源期刊
CiteScore
7.20
自引率
4.30%
发文量
567
期刊介绍: ACS Applied Electronic Materials is an interdisciplinary journal publishing original research covering all aspects of electronic materials. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrate knowledge in the areas of materials science, engineering, optics, physics, and chemistry into important applications of electronic materials. Sample research topics that span the journal's scope are inorganic, organic, ionic and polymeric materials with properties that include conducting, semiconducting, superconducting, insulating, dielectric, magnetic, optoelectronic, piezoelectric, ferroelectric and thermoelectric. Indexed/​Abstracted: Web of Science SCIE Scopus CAS INSPEC Portico
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