Going NUTS: The effect of EU Structural Funds on regional performance |
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Authors: | Sascha O. Becker Peter H. Egger Maximilian von Ehrlich |
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Affiliation: | 1. U Warwick, United Kingdom;2. ifo, Germany;3. CESifo, Germany;4. IZA, Germany;5. ETH Zurich, Switzerland;6. CEPR, Germany;7. LMU Munich, Germany |
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Abstract: | The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a per capita GDP level below 75% of the EU average qualify for structural funds transfers from the central EU budget. This rule gives rise to a regression-discontinuity design that exploits the discrete jump in the probability of EU transfer receipt at the 75% threshold for identification of causal effects of Objective 1 treatment on outcome such as economic growth of EU regions. We find positive per capita GDP growth effects of Objective 1 transfers, but no employment growth effects. |
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