Efectos a largo plazo sobre la economia andaluza de las ayudas procedentes de los fondos estructurales: el Marco de Apoyo Comunitario 1994-1999

Encarnación Murillo-García () and Simon Sosvilla-Rivero

No E2003/34, Economic Working Papers at Centro de Estudios Andaluces from Centro de Estudios Andaluces

Abstract: This paper analyses the economic long-run effects of the EU funds received by the Andalusian region, with special emphasis in the Community Support Framework 1994-1999 (CSF 94-99). To that end, we estimate an aggregate private-sector production function where the stock of public capital appears as a separate and different productive factor. This estimation is made both for Andalusia as a whole (using cointegration techniques with time series) and for the Andalusian provinces (using cointegration methods for dynamic panels).

Keywords: Structural Funds; Cointegration; Aschauer´s Hypothesis. (search for similar items in EconPapers)
JEL-codes: C22 C23 H54 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2003
New Economics Papers: this item is included in nep-geo and nep-pbe
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