{"id":57519,"date":"2023-12-01T20:10:39","date_gmt":"2023-12-01T19:10:39","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/on-the-effectiveness-of-eu-structural-funds-during-the-great-recession-estimates-from-a-heterogeneous-local-average-treatment-effects-framework\/"},"modified":"2024-04-20T07:47:43","modified_gmt":"2024-04-20T05:47:43","slug":"on-the-effectiveness-of-eu-structural-funds-during-the-great-recession-estimates-from-a-heterogeneous-local-average-treatment-effects-framework","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/57519\/","title":{"rendered":"On the effectiveness of EU structural funds during the Great Recession: Estimates from a heterogeneous local average treatment effects framework"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-57519","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"This study investigates the heterogeneity of European NUTS-2 regions with regard to their ability to take advantage of European Union structural funds aimed at convergence. It considers a concept of absorptive capacity based on regional policy design, and additionally accounts for the programming period 2007-2013 in the empirical analysis. A fuzzy regression discontinuity design allowing for heterogeneous treatment effects is applied to evaluate convergence funds in 250 NUTS-2 regions from 2000 (and 1989) to 2013. The main results suggest a positive conditional impact of funds payments on regional GDP per-capita growth. However, based on a time-varying treatment effects model, we are able to identify a deterioration in the effectiveness of convergence funds during the programming period 2007-2013. Furthermore, the analysis reveals an inverted U-shaped relationship between the share of committed funds paid out and GDP per-capita growth. The latter finding indicates that the marginal benefits from EU convergence funds might be decreasing.","onlinedate":"2016-09-01 00:00:00","lang":"English","publication_series":"Wirtschaftsuniversit\u00e4t Wien, Department of Economics Working Paper Series","publication_date":"20160901","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"http:\/\/epub.wu.ac.at\/5157\/","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":true,"embargo_date":null,"types":[208554],"research_groups":[],"collaboration":"","persons":[3478],"persons_data":"[{\"personId\":3478,\"personName\":\"Julia Bachtr\u00f6gler\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.5) - 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