Fostering the development of European regions: a spatial dynamic panel data analysis of the impact of cohesion policy
Salima Bouayad Agha (),
Nadine Turpin and
Lionel Védrine ()
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Salima Bouayad Agha: GAINS - ARGUMANS - Atelier De Recherche En Gestion De L'université Du Mans - GAINS - Groupe d'Analyse des Itinéraires et des Niveaux Salariaux - UM - Le Mans Université
Authors registered in the RePEc Author Service: Salima Bouayad-Agha-Hamouche
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Abstract:
This paper uses a conditional-convergence econometric model to investigate whether cohesion policy affects European economies. Its main contribution is to consider both spatial and temporal dynamics in assessing the impact of European cohesion policy. Econometric estimations rely on a dataset of 143 EU-14-NUTS-1/NUTS-2 regions from 1980 to 2005. The results suggest that Objective 1 programmes have a direct effect on regional gross domestic product per capita growth rates, whereas total Structural Funds do not. Moreover, consideration of the spatial dimension of the panel brings to light a still significant, but less important, impact of Structural Funds.
Keywords: modèle dynamique; modèle économétrique; convergence régionale; dépendance spatiale; méthode des moments généralisés; mmg (search for similar items in EconPapers)
Date: 2013
Note: View the original document on HAL open archive server: https://hal.science/hal-01000321v1
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Citations: View citations in EconPapers (11)
Published in Regional Studies, 2013, 47 (9), pp.1-21. ⟨10.1080/00343404.2011.628930⟩
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Journal Article: Fostering the Development of European Regions: A Spatial Dynamic Panel Data Analysis of the Impact of Cohesion Policy (2013) 
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01000321
DOI: 10.1080/00343404.2011.628930
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