The leakage of European funds from Andalusia to other Spanish regions, the case of Innterconecta programme by business indicators

Diego Sande Veiga

European Planning Studies, 2025, vol. 33, issue 4, 553-577

Abstract: This paper tests the hypothesis of the existence of leakage of European Structural and Investment Funds destined for Andalusia to other Spanish territories, and it then analyses the impact of this leakage on the main business indicators. For this purpose, data from companies participating in the ERDF Innterconecta programme have been used. This work applies the Propensity Score Matching statistical technique to study the possible impact on the main business indicators (revenue, gross value added, employment, profitability, result of the year, investment in research and development). The study confirms firstly the existence of a significant leakage of resources directed to the Andalusian region. Furthermore, it is observed that there is an impact of the leakage of the funds on some business indicators of non-Andalusian companies which, in some respects, could be reducing the impact of funds on Andalusian companies. The observed results will allow extracting recommendations for the future implementation of business research, development and innovation policies.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/09654313.2024.2446330 (text/html)
Access to full text is restricted to subscribers.

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:taf:eurpls:v:33:y:2025:i:4:p:553-577

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CEPS20

DOI: 10.1080/09654313.2024.2446330

Access Statistics for this article

European Planning Studies is currently edited by Philip Cooke and Louis Albrechts

More articles in European Planning Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().