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The Territorial Redistributive Power of the EU Budget: Empirical Evidence at National and Regional Level

Marta Espasa
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Marta Espasa: University of Barcelona and Barcelona Institute of Economics (IEB)

Chapter 6 in Regional Convergence in the European Union, 2002, pp 121-145 from Springer

Abstract: Abstract During this last decade one of the more actual and debated subjects has been the redistributive capacity on a territorial-wide scale of the European Union budget. Among the numerous arguments in favour of active intervention the following stand out: its power to mitigate horizontal equity problems due to the intervention of the national governments (Davezies et al, 1996); its capacity to reduce the income territorial disparities that exist or the disparities derived from the integration process (Padoa-Schioppa, 1987; Checchini, 1988; Emerson et al.,1992); its ability to guarantee the existence of the European Union itself (Cremer and Pestieau, 1996); and its power to mitigate the negative effects originated by possible asymmetric shocks that can be generated in the European Monetary Union (Sala-i-Martín and Sachs, 1992; Krugman, 1993; Goodhard and Smith, 1933).

Keywords: Income Elasticity; Flow Approach; Redistributive Effect; Initial Income; Fiscal Balance (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1007/978-3-662-04788-0_6

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