Regional growth and absorption speed of EU funds: when time isn’t money

REFERENCES

• Aivazidou, E., Cunico, G., & Mollona, E. (2020). Beyond the EU Structural Funds’ absorption rate: How do regions really perform? Economies, 8(3), 55. doi:10.3390/economies8030055
   Web of Science ®Google Scholar
• Bachtler, J., & Ferry, M. (2015). Conditionalities and the performance of European Structural Funds: A principal–agent analysis of control mechanisms in European Union Cohesion Policy. Regional Studies, 49(8), 1258–1273. doi:10.1080/00343404.2013.821572
   Web of Science ®Google Scholar
• Bachtler, J., Mendez, C., & Wishlade, F. (2019). Reforming the MFF and Cohesion Policy 2021–27: Pragmatic drift or paradigmatic shift? (European Policy Research Papers). University of Strathclyde.
   Google Scholar
• Barca, F. (2009). Agenda for a reformed Cohesion Policy. European Communities.
   Google Scholar
• Batterbury, S. C. (2002). Evaluating policy implementation: The European Union’s small and medium sized enterprise policies in Galicia and Sardinia. Regional Studies, 36(8), 861–876. doi:10.1080/0034340022000012306
   Web of Science ®Google Scholar
• Baumol, W. (2001). Paradox of the services: Exploding costs, persistent demand. Raa, Schettkat (Hrsg.), pp. 3–28.
   Google Scholar
• Becker, S. O., Egger, P. H., & Von Ehrlich, M. (2010). Going NUTS: The effect of EU Structural Funds on regional performance. Journal of Public Economics, 94(9–10), 578–590. doi:10.1016/j.jpubeco.2010.06.006
   Web of Science ®Google Scholar
• Becker, S. O., Egger, P. H., & Von Ehrlich, M. (2012). Too much of a good thing? On the growth effects of the EU’s regional policy. European Economic Review, 56(4), 648–668. doi:10.1016/j.euroecorev.2012.03.001
   Web of Science ®Google Scholar
• Becker, S. O., Egger, P. H., & Von Ehrlich, M. (2013). Absorptive capacity and the growth and investment effects of regional transfers: A regression discontinuity design with heterogeneous treatment effects. American Economic Journal: Economic Policy, 5(4), 29–77. doi:10.1257/pol.5.4.29
   Web of Science ®Google Scholar
• Becker, S. O., Egger, P. H., & von Ehrlich, M. (2018). Effects of EU regional policy: 1989–2013. Regional Science and Urban Economics, 69, 143–152. doi:10.1016/j.regsciurbeco.2017.12.001
   Web of Science ®Google Scholar
• Cappelen, A., Castellacci, F., Fagerberg, J., & Verspagen, B. (2003). The impact of EU regional support on growth and convergence in the European Union. JCMS: Journal of Common Market Studies, 41(4), 621–644. doi:10.1111/1468-5965.00438
   Web of Science ®Google Scholar
• Centre for Industrial Studies (CSIL). (2010). Lessons from shared management in cohesion, rural development and fisheries policies (Technical Report). European Commission.
   Google Scholar
• Cerqua, A., & Pellegrini, G. (2018). Are we spending too much to grow? The case of Structural Funds. Journal of Regional Science, 58(3), 535–563. doi:10.1111/jors.12365
   Web of Science ®Google Scholar
• Charron, N. (2016). Explaining the allocation of regional Structural Funds: The conditional effect of governance and self-rule. European Union Politics, 17(4), 638–659. doi:10.1177/1465116516658135
   Web of Science ®Google Scholar
• Dall’erba, S., & Fang, F. (2017). Meta-analysis of the impact of European Union Structural Funds on regional growth. Regional Studies, 51(6), 822–832. doi:10.1080/00343404.2015.1100285
   Web of Science ®Google Scholar
• Debrun, X., Ostry, J. D., Willems, T., & Wyplosz, C. (2019). Public debt sustainability (Technical Report). Centre for Economic Policy Research (CEPR).
   Google Scholar
• Dellmuth, L. M. (2011). The cash divide: The allocation of European Union regional grants. Journal of European Public Policy, 18(7), 1016–1033. doi:10.1080/13501763.2011.599972
   Web of Science ®Google Scholar
• Dudek, C. M. (2005). EU accession and Spanish regional development: Winners and losers, number 4. Peter Lang.
   Google Scholar
• European Commission. (2011). Results of the public consultation on the conclusions of the Fifth Report on Economic, Social and Territorial Cohesion (Commission Staff Working Paper No. SEC(2011) 590 final, 13 May). Commission of the European Communities.
   Google Scholar
• European Commission. (2019). European structural and investment funds 2014–2020. European Commission.
   Google Scholar
• European Court of Auditors (ECA). (2004). Court of Auditors – Annual report concerning the financial year 2003. Official Journal of the European Union C293, 47(28 November).
   Google Scholar
• European Court of Auditors (ECA). (2018). Court of Auditors – Special Report – Commission’s and member states’ actions in the last years of the 2007–2013 programmes tackled low absorption but had insufficient focus on results. Official Journal of the European Union JOC, 2018 329 R 0002.
   Google Scholar
• Ederveen, S., De Groot, H. L., & Nahuis, R. (2006). Fertile soil for Structural Funds? A panel data analysis of the conditional effectiveness of European Cohesion Policy. Kyklos, 59(1), 17–42. doi:10.1111/j.1467-6435.2006.00318.x
   Web of Science ®Google Scholar
• Gagliardi, L., & Percoco, M. (2017). The impact of European Cohesion Policy in urban and rural regions. Regional Studies, 51(6), 857–868. doi:10.1080/00343404.2016.1179384
   Web of Science ®Google Scholar
• Huliaras, A., & Petropoulos, S. (2016). European money in Greece: In search of the real impact of EU Structural Funds. JCMS: Journal of Common Market Studies, 54(6), 1332–1349. doi:10.1111/jcms.12432
   Web of Science ®Google Scholar
• Hurvich, C. M., Simonoff, J. S., & Tsai, C.-L. (1998). Smoothing parameter selection in nonparametric regression using an improved Akaike information criterion. Journal of the Royal Statistical Society: Series B (Statistical Methodology), 60(2), 271–293. doi:10.1111/1467-9868.00125
   Web of Science ®Google Scholar
• Imbens, G. W., & Lemieux, T. (2008). Regression discontinuity designs: A guide to practice. Journal of Econometrics, 142(2), 615–635. doi:10.1016/j.jeconom.2007.05.001
   Web of Science ®Google Scholar
• Incaltarau, C., Pascariu, G. C., & Surubaru, N.-C. (2020). Evaluating the determinants of EU funds absorption across old and new member states – The role of administrative capacity and political governance. JCMS: Journal of Common Market Studies, 58(4), 941–961. doi:10.1111/jcms.12995
   Web of Science ®Google Scholar
• Lo Piano, S., Chifari, R., Saltelli, A., Vidoni, D. & Strand, R. (2017). Regionalisation of ESIF payments 1989–2015 (Technical Report). Directorate General for Regional and Urban Policy (DG REGIO).
   Google Scholar
• Mendez, C., Bachtler, J., & Granqvist, K. (2013). European Commission perspectives on the 2014–2020 partnership agreements & programmes: A comparative review of the Commission’s position papers. European Policy Research Paper, 84, 9.
   Google Scholar
• Milio, S. (2007). Can administrative capacity explain differences in regional performances? Evidence from Structural Funds implementation in southern Italy. Regional Studies, 41(4), 429–442. doi:10.1080/00343400601120213
   Web of Science ®Google Scholar
• Pellegrini, G., Terribile, F., Tarola, O., Muccigrosso, T., & Busillo, F. (2013). Measuring the effects of European regional policy on economic growth: A regression discontinuity approach. Papers in Regional Science, 92(1), 217–233. doi:10.1111/j.1435-5957.2012.00459.x
   Web of Science ®Google Scholar
• Percoco, M. (2017). Impact of European Cohesion Policy on regional growth: Does local economic structure matter? Regional Studies, 51(6), 833–843. doi:10.1080/00343404.2016.1213382
   Web of Science ®Google Scholar
• Polverari, L., Mendez, C., Gross, F., & Bachtler, J. (2007). Making sense of European Cohesion Policy: 2007–13 ongoing evaluation and monitoring arrangements (European Policy Research Papers). University of Strathclyde.
   Google Scholar
• Rodriguez-Pose, A., & Garcilazo, E. (2015). Quality of government and the returns of investment: Examining the impact of cohesion expenditure in European regions. Regional Studies, 49(8), 1274–1290. doi:10.1080/00343404.2015.1007933
   Web of Science ®Google Scholar
• Surubaru, N.-C. (2017). Administrative capacity or quality of political governance? EU Cohesion Policy in the new Europe, 2007–13. Regional Studies, 51(6), 844–856. doi:10.1080/00343404.2016.1246798
   Web of Science ®Google Scholar
• Tosun, J. (2014). Absorption of regional funds: A comparative analysis. JCMS: Journal of Common Market Studies, 52(2), 371–387. doi:10.1111/jcms.12088
   Web of Science ®Google Scholar