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Do Eu structural funds promote regional convergence? A spatial panel data analysis for the period from 1995 to 2024

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2023_24_Fall_43225_Miguel_Oliveira.pdf1.28 MBAdobe PDF Ver/Abrir

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Using a sample of 171 EU-15 regions from 1995 to 2024, we study the effect of EU Structural Funds on European regional growth and convergence. Spatial dependence and growth clusters are controlled by combining Moran’s I indexes and a LISA analysis. Income convergence and the impact of structural funds are investigated using a Spatial Durbin Model. Results are favorable to the conditional convergence hypothesis and suggest a positive and significant direct effect of Structural Funds on the focal region’s economic growth.

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Structural funds Economic growth Panel data Spatial analysis

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Licença CC