Empirical evidence on the macroeconomic effects of EU cohesion policy / Philipp Mohl.

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Empirical evidence on the macroeconomic effects of EU cohesion policy / Philipp Mohl.

9783658138523 (electronic book)
3658138521 (electronic book)
9783658138516

Wiesbaden : Springer Gabler, [2016]

English

1 online resource.

HC240

330.94

Philipp Mohl evaluates the macroeconomic effects of EU Cohesion Policy with the help of empirical methods. His findings indicate that in particular the part of EU Cohesion Policy which is spent for the poorest regions (the so-called Objective 1 funding) has a positive and statistically significant impact on economic growth. Moreover, the employment effects of EU Cohesion Policy seem to be conditional on the educational attainment, i.e., in particular regions with a high share of high-skilled population tend to benefit from EU funds. Finally, the author does not find evidence that EU funds significantly increase public investment in the EU countries, which points to a crowding out of national investment. Overall, the gained insights contribute to a more profound understanding of the macroeconomic effects of EU Cohesion Policy, which is essential to design an effective and efficient EU spending system. Contents ℓ́Ø Survey of the Econometric Evaluation of EU Cohesion Policy ℓ́Ø Impact on Regional Economic Growth ℓ́Ø Impact on Regional Employment ℓ́Ø Impact on Public Investment Target Groups ℓ́Ø Researchers and students in the fields of economics and political science ℓ́Ø European institutions, German research institutions The Author Philipp Mohl holds Masterℓ́ℓs degrees in Economics and Political Science from the Free University Berlin. His Ph.D. thesis was supervised by Prof. Feld and Prof. Dreher, Faculty of Economics at the University of Heidelberg. .

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