The European structural and investment funds and public investment in the EU countries

Public investment is low and has declined in many EU countries since the global financial crisis. This paper estimates the effects of the various European Structural and Investment Funds (ESIF) on public investment in the EU countries. The analysis is run on annual data from 2000 to 2018 using dynam...

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Detalles Bibliográficos
Autores principales: Staehr, Karsten, Urke, Katri
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Original Paper
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9615613/
https://www.ncbi.nlm.nih.gov/pubmed/36320380
http://dx.doi.org/10.1007/s10663-022-09549-6
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author Staehr, Karsten
Urke, Katri
author_facet Staehr, Karsten
Urke, Katri
author_sort Staehr, Karsten
collection PubMed
description Public investment is low and has declined in many EU countries since the global financial crisis. This paper estimates the effects of the various European Structural and Investment Funds (ESIF) on public investment in the EU countries. The analysis is run on annual data from 2000 to 2018 using dynamic panel data specifications. Funding from the Cohesion Fund, the EU’s facility for its less developed members, has had an almost one-to-one effect on public investment in the short term, and more in the longer term. Funding from the European Regional Development Fund may have had some effect, but it cannot be estimated precisely. Funding from other ESIF funds does not seem to have been related to public investment in the EU countries.
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spelling pubmed-96156132022-10-28 The European structural and investment funds and public investment in the EU countries Staehr, Karsten Urke, Katri Empirica (Dordr) Original Paper Public investment is low and has declined in many EU countries since the global financial crisis. This paper estimates the effects of the various European Structural and Investment Funds (ESIF) on public investment in the EU countries. The analysis is run on annual data from 2000 to 2018 using dynamic panel data specifications. Funding from the Cohesion Fund, the EU’s facility for its less developed members, has had an almost one-to-one effect on public investment in the short term, and more in the longer term. Funding from the European Regional Development Fund may have had some effect, but it cannot be estimated precisely. Funding from other ESIF funds does not seem to have been related to public investment in the EU countries. Springer US 2022-10-28 2022 /pmc/articles/PMC9615613/ /pubmed/36320380 http://dx.doi.org/10.1007/s10663-022-09549-6 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2022, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Original Paper
Staehr, Karsten
Urke, Katri
The European structural and investment funds and public investment in the EU countries
title The European structural and investment funds and public investment in the EU countries
title_full The European structural and investment funds and public investment in the EU countries
title_fullStr The European structural and investment funds and public investment in the EU countries
title_full_unstemmed The European structural and investment funds and public investment in the EU countries
title_short The European structural and investment funds and public investment in the EU countries
title_sort european structural and investment funds and public investment in the eu countries
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9615613/
https://www.ncbi.nlm.nih.gov/pubmed/36320380
http://dx.doi.org/10.1007/s10663-022-09549-6
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