Does European cohesion policy affect regional business dynamics?
This paper assesses whether European Cohesion Policy funds from the 2007-2013 programming period affected business dynamics in European regions. Using a regression discontinuity approach, the analysis shows that regions receiving more funds experienced higher firm births, without statistically signi...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2023 |
| País: | España |
| Institución: | Universidad de Alcalá (UAH) |
| Repositorio: | e_Buah Biblioteca Digital Universidad de Alcalá |
| Idioma: | inglés |
| OAI Identifier: | oai:ebuah.uah.es:10017/58305 |
| Acceso en línea: | http://hdl.handle.net/10017/58305 https://dx.doi.org/10.38191/iirr-jorr.23.015 |
| Access Level: | acceso abierto |
| Palabra clave: | Regional policy Cohesion funds Business dynamics Política regional Fondos de cohesión Dinámica empresarial Economía Geografía Sociología Economics Geography Sociology |
| Sumario: | This paper assesses whether European Cohesion Policy funds from the 2007-2013 programming period affected business dynamics in European regions. Using a regression discontinuity approach, the analysis shows that regions receiving more funds experienced higher firm births, without statistically significant firm deaths, resulting in positive net firm creation and growing firm-related employment. In addition, this study confirms previous findings in the literature according to which regions receiving more funds show higher increases in gross value added per worker. Finally, funds have a significantly higher effect on net business employment creation in regions with lower levels of perceived corruption, although this is not necessarily conductive to higher levels of labour productivity in those regions. |
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