Empirical evidence on the macroeconomic effects of EU cohesion policy /

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Bibliographic Details
Author / Creator:Mohl, Philipp, author.
Imprint:Wiesbaden : Springer Gabler, [2016]
Description:1 online resource
Language:English
Series:Springer Gabler Research
Springer Gabler research.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11255549
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ISBN:9783658138523
3658138521
9783658138516
Digital file characteristics:text file PDF
Notes:Includes bibliographical references.
Vendor-supplied metadata.
Summary: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. The Author Philipp Mohl holds Master's 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.
Other form:Print version: Mohl, Philipp. Empirical Evidence on the Macroeconomic Effects of EU Cohesion Policy. Wiesbaden : Springer Fachmedien Wiesbaden, ©2016 9783658138516
Standard no.:10.1007/978-3-658-13852-3

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520 |a 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. The Author Philipp Mohl holds Master's 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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