Work detail

The effect of EU Structural Funds on regional performance

Author: Mgr. Barbora Žďárská
Year: 2019 - summer
Leaders: doc. Petr Janský Ph.D.
Work type: Finance, Financial Markets and Banking
Language: English
Pages: 99
Awards and prizes:
Abstract: The regional policy of the European Union is financed through a system of
structural and investment funds, which allocates substantial amounts during
each programming period to boost the regional growth. Currently, the regional
policy uses almost a half of the European Union’s budget. According to such
an extensive investment plan it is believed that the structural funding has a
positive impact on the regional performance. This thesis provides an analysis
of the Objective 1 (Convergence strategy) treatment effect on the regional GDP
and employment growth during two last programming periods 2000-2006 and
2007-2013 using mostly nonparametric estimation method of the regression discontinuity design. The thesis contributes to existing literature since the current
research studies do not provide conclusive results. Based on the estimation results we did not find statistically significant effect of the Objective 1 treatment
on the GDP per capita growth nor employment growth. These findings are
robust to various model specifications and estimation methods.




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