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Titlebook: Empirical Evidence on the Macroeconomic Effects of EU Cohesion Policy; Philipp Mohl Book 2016 Springer Fachmedien Wiesbaden 2016 Economic

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书目名称Empirical Evidence on the Macroeconomic Effects of EU Cohesion Policy
编辑Philipp Mohl
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概述Publication in the field of economic sciences.Includes supplementary material:
图书封面Titlebook: Empirical Evidence on the Macroeconomic Effects of EU Cohesion Policy;  Philipp Mohl Book 2016 Springer Fachmedien Wiesbaden 2016 Economic
描述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. 
出版日期Book 2016
关键词Economic Growth; Employment; Public Investment; Panel Data Analyses; Objective 1 Funding
版次1
doihttps://doi.org/10.1007/978-3-658-13852-3
isbn_softcover978-3-658-13851-6
isbn_ebook978-3-658-13852-3
copyrightSpringer Fachmedien Wiesbaden 2016
The information of publication is updating

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Does EU Cohesion Policy Really Increase Public Investment?,ic investment, to which a major part of total EU aid is allocated (European Commission, 2004a). According to the principle of additionality, EU-funded projects must not crowd out investment spending elsewhere (European Commission, 2007a). Thus, the EU Commission aims to ensure that Cohesion Policy p
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Summary and Conclusions,as laid down in the Treaty is to promote the “overall harmonious development” of the EU, to reduce disparities between the levels of development of the various regions, and to strengthen its “economic, social and territorial cohesion”. The empirical literature has in particular investigated its econ
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ch 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. 978-3-658-13851-6978-3-658-13852-3
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