The Effects of European Structural Funds in the Spanish Regions Using CGE Models: a review

María Álvarez-Martínez
Additional contact information
María Álvarez-Martínez: European Commission, DG JRC-IPTS
Authors registered in the RePEc Author Service: Maria Teresa Alvarez Martinez ()

INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, 2014, issue 29, 129-138

Abstract: This paper reviews the few regional studies on the impact of European Structural funds in Spain using Computable General Equilibrium (CGE) Models. While the models in these studies are widely used to evaluate the effects of very different public policies, they rarely have been used to quantify the impact of the Structural funds. In the pioneer papers elaborated for Madrid and Andalusia, the effects of the funds have been simulated through an exogenous change of final demand. I suggest avoiding any accounting of exogenous shocks in final demand of non-affected sectors by more-realistically splitting investment into various capital goods and evaluating the short-run effects of increasing investment in them.

Keywords: Structural Funds; Computable General Equilibrium model; Investment goods (search for similar items in EconPapers)
JEL-codes: C68 R53 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.aecr.org/images/ImatgesArticles/2014/10/06Alvarez.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:invreg:0265

Access Statistics for this article

INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH is currently edited by Vicente Royuela Mora

More articles in INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH from Asociación Española de Ciencia Regional C/ Viladomat, 321 entresuelo - 08029 Barcelona, Teléfono y Fax: + 34 933101112, E-mail: info@aecr.org, Web: www.aecr.org, Web Investigaciones Regionales: www.investigacionesregionales.org. Contact information at EDIRC.
Bibliographic data for series maintained by IIRR-JORR ().