Author : Philipp Mohl
Publisher : Springer
ISBN 13 : 3658138521
Total Pages : 182 pages
Book Rating : 4.6/5 (581 download)
Book Synopsis Empirical Evidence on the Macroeconomic Effects of EU Cohesion Policy by : Philipp Mohl
Download or read book Empirical Evidence on the Macroeconomic Effects of EU Cohesion Policy written by Philipp Mohl and published by Springer. This book was released on 2016-05-06 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.