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Sylvester C W Eijffinger - One of the best experts on this subject based on the ideXlab platform.
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the effectiveness of Structural Policy in the european union an empirical analysis for the eu 15 in 1995 2001
2005Co-Authors: Maaike Beugelsdijk, Sylvester C W EijffingerAbstract:The main aim of Structural Policy is to decrease the regional disparities within the European Union (EU). In 2004 ten new member countries joined the EU, and it is expected that this enlargement will cause strong regional disparities within the Union. For this reason the distribution of financial support by Structural Policy will undergo drastic changes. In this study we consider two main themes. First, convergence of the current EU Member States is empirically tested for the period 1995‐ 2002, and the effect of the Structural funds in this context is identified. Structural funds do indeed appear to have had a positive impact, and poorer countries (like Greece) appear to have caught up with the richer countries. The importance of the Structural funds in this respect therefore cannot be neglected. Second, we touch on the problem of moral hazard and the substitution effect. It may be expected that receivers of Structural funds in some cases are not really eligible and may therefore use the funds inefficiently. Our first and preliminary results seem to indicate that the less clean countries (or as we measure it, more ‘corrupt’ countries) of the current EU15 do not gain less economic growth from the Structural funds. The hypothesis that Structural funds contributed to fewer interregional disparities within the current 15 European countries cannot be rejected. This may mean the intended plans of channelling a big share of the funds to the candidate countries in 2007‐13 will probably contribute to higher economic growth in these countries.
Maaike Beugelsdijk - One of the best experts on this subject based on the ideXlab platform.
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the effectiveness of Structural Policy in the european union an empirical analysis for the eu 15 in 1995 2001
2005Co-Authors: Maaike Beugelsdijk, Sylvester C W EijffingerAbstract:The main aim of Structural Policy is to decrease the regional disparities within the European Union (EU). In 2004 ten new member countries joined the EU, and it is expected that this enlargement will cause strong regional disparities within the Union. For this reason the distribution of financial support by Structural Policy will undergo drastic changes. In this study we consider two main themes. First, convergence of the current EU Member States is empirically tested for the period 1995‐ 2002, and the effect of the Structural funds in this context is identified. Structural funds do indeed appear to have had a positive impact, and poorer countries (like Greece) appear to have caught up with the richer countries. The importance of the Structural funds in this respect therefore cannot be neglected. Second, we touch on the problem of moral hazard and the substitution effect. It may be expected that receivers of Structural funds in some cases are not really eligible and may therefore use the funds inefficiently. Our first and preliminary results seem to indicate that the less clean countries (or as we measure it, more ‘corrupt’ countries) of the current EU15 do not gain less economic growth from the Structural funds. The hypothesis that Structural funds contributed to fewer interregional disparities within the current 15 European countries cannot be rejected. This may mean the intended plans of channelling a big share of the funds to the candidate countries in 2007‐13 will probably contribute to higher economic growth in these countries.
Steffen Osterloh - One of the best experts on this subject based on the ideXlab platform.
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can regional transfers buy public support evidence from eu Structural Policy
2011Co-Authors: Steffen OsterlohAbstract:On the occasion of the 65th birthday of Governor Klaus Liebscher and in recognition of his commitment to Austria’s participation in European monetary union and to the cause of European integration, the Oesterreichische Nationalbank (OeNB) established a “Klaus Liebscher Award”. It has been be offered annually since 2005 for up to two excellent scientific papers on European monetary union and European integration issues. The authors must be less than 35 years old and be citizens from EU member or EU candidate countries. Each “Klaus Liebscher Award” is worth EUR 10,000. The winning papers of the seventh Award 2011 were written by Steffen Osterloh and by Friederike Niepmann and Tim Schmidt-Eisenlohr (shared award). Steffen Osterloh’s paper is presented in this Working Paper while Friederike Niepmann’s and Tim Schmidt-Eisenlohr’s contribution is contained in Working Paper 170. In this paper Steffen Osterloh starts from the observation that regional transfers are often assumed to have an impact on the public opinion towards the benefactor, but that empirical evidence is still scarce. In his paper the author tests this hypothesis for the Structural funds of the European Union (EU) by combining detailed data on regional transfers with public opinion surveys. A positive impact of transfers on public support for the EU can be confirmed. Moreover, the author scrutinizes the role of awareness of being a recipient of funds in this process. In particular, he finds that the impact of the amount of transfers on the individual’s awareness is heterogenous and particularly depends on education. Finally, the author shows that the type of information source which arouses the citizen’s awareness of the transfers affects the impact on his opinion.
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can regional transfers buy public support evidence from eu Structural Policy
2011Co-Authors: Steffen OsterlohAbstract:Regional transfers are assumed to have an impact on the public opinion towards the benefactor, but empirical evidence is still scarce. In this paper we test this hypothesis for the Structural funds of the European Union (EU) by combining detailed data on regional transfers with public opinion surveys. A positive impact of transfers on public support for the EU can be confirmed. Moreover, we scrutinize the role of awareness of being a recipient of funds in this process. In particular, we find that the impact of the amount of transfers on the individual’s awareness is heterogenous and particularly depends on education. Finally, we show that the type of information source which arouses the citizen’s awareness of the transfers affects the impact on his opinion.
Aaron Hatcher - One of the best experts on this subject based on the ideXlab platform.
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subsidies for european fishing fleets the european community s Structural Policy for fisheries 1971 1999
2000Co-Authors: Aaron HatcherAbstract:This paper outlines the development of the European Community's Structural Policy for fisheries since 1971 and looks at the extent to which public funds have been disbursed by the Community in aid to assist both the development and the restructuring of Europe's fishing fleets.
David Turner - One of the best experts on this subject based on the ideXlab platform.
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the concept Policy use and measurement of Structural unemployment
2000Co-Authors: Pete Richardson, Laurence Boone, Claude Giorno, Mara Meacci, David Rae, David TurnerAbstract:The Structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of major importance to the analysis of macro and Structural economic developments, although in practice these concepts are not well defined and there is considerable uncertainty and controversy concerning their measurement and Policy use. The present paper reviews a range of conceptual and analytical issues and related empirical studies to examine the usefulness and limitations of such concepts. A reduced-form Phillips curve approach is found the most suitable conceptual framework for representing the NAIRU as currently used by the OECD in its Policy analysis and surveillance work. Three distinct classes of NAIRU concept are identified, distinguished by the time-frame in which they are defined, which map directly into the broad requirements for macro and Structural Policy analysis. In line with a number of recent empirical studies, this general approach is applied ...
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the concept Policy use and measurement of Structural unemployment estimating a time varying nairu across 21 oecd countries
2000Co-Authors: Pete Richardson, Laurence Boone, Claude Giorno, Mara Meacci, David Rae, David TurnerAbstract:The Structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of major importance to the analysis of macro and Structural economic developments, although in practice these concepts are not well defined and there is considerable uncertainty and controversy concerning their measurement and Policy use. The present paper reviews a range of conceptual and analytical issues and related empirical studies to examine the usefulness and limitations of such concepts. A reduced-form Phillips curve approach is found the most suitable conceptual framework for representing the NAIRU as currently used by the OECD in its Policy analysis and surveillance work. Three distinct classes of NAIRU concept are identified, distinguished by the time-frame in which they are defined, which map directly into the broad requirements for macro and Structural Policy analysis. In line with a number of recent empirical studies, this general approach is applied ... Les concepts de taux de chomage structurel et NAIRU (non accelerating inflation rate of unemployment) jouent un role important pour l’analyse macro-economique et des developpements structurels de l’economie, meme si, en pratique, ces concepts ne sont pas definis precisement, leur estimation est entachee d’incertitude et leur utilisation pour la politique economique souvent controversee. Ce papier presente une revue des concepts, discussions analytiques et etudes empiriques lies au NAIRU, afin de definir l’utilite eventuelle de ces concepts et leurs limites. Dans le cadre d’analyse des politiques economiques et travaux de surveillance menes par l’OCDE, le concept de NAIRU derive d’une courbe de Phillips de forme reduite apparait le plus utile. Trois notions de NAIRU peuvent etre distinguees, suivant l’horizon temporel de reference, et qui peuvent etre directement reliees a des cadres d’analyse de politique macro-economique et structurelle. Suivant les developpements recents de la ...
