The effects of European funds on a regional economy: an applied general equilibrium analysis

Authors: Lima, M. Carmen; Cardenete, M. Alejandro

Source: Applied Economics Letters, Volume 14, Number 11, September 2007 , pp. 851-855(5)

Publisher: Routledge, part of the Taylor & Francis Group

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Abstract:

In this work we conduct an impact analysis of European Structural Funds to assess their effect on output, prices and consumers' income on the European region of Andalusia, in the south of Spain. For this purpose we present an Applied General Equilibrium Model for Andalusia (AGEM_A) and proceed to compare the reception of regional funds scenario to a hypothetical situation where this financial support has been removed. The AGEM_A has been numerically implemented by supplementing the statistical information provided by the Social Accounting Matrices for Andalusia corresponding to 1990, 1995 and 1999, with data included in the three Community Support Frameworks approved by the European Commission.

Document Type: Research article

DOI: http://dx.doi.org/10.1080/13504850600592630

Affiliations: 1: Universidad Pablo de Olavide de Sevilla, km 1-41013 Sevilla, Spain

Publication date: 2007-09-01

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