2024-03-29T11:13:56Zhttp://digital.csic.es/dspace-oai/requestoai:digital.csic.es:10261/18752019-03-25T15:30:16Zcom_10261_58com_10261_7col_10261_689
The effect of Structural Fund spending on the Spanish regions: an assessment of the 1994-99 Objective 1 CSF
Fuente, Ángel de la
Structural funds
Regional policy
Infrastructures
This paper analyzes the growth and employment effects of the 1994-99 Community Support Framework (CSF) for the Objective 1 Spanish regions using a simple supply-side model estimated with a panel of regional data. The results suggest that the impact of the Structural Funds in Spain has been quite sizable, adding around a percentage point to annual output growth in the average Objective 1 region and 0.4 points to employment growth. Over the period 1994-2000, the Framework has resulted in the creation of over 300,000 new jobs and has eliminated 20% of the initial gap in income per capita between the assisted regions and the rest of the country.
This paper is part of a research project cofinanced by the European Regional Development Fund and Fundación Caixa Galicia. Additional financial support from the Spanish Ministry of Science and
Technology under grant SEC99-1189 is also gratefully acknowledged.
2007-11-06T08:30:04Z
2007-11-06T08:30:04Z
2002-09-25
documento de trabajo
http://purl.org/coar/resource_type/c_8042
http://hdl.handle.net/10261/1875
en
UFAE and IAE Working Papers
538.02
open