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Structural funds, regional convergence and agricultural employment in the enlarged EU. A panel-data approach /доклад на 87 семинаре ЕААЕ, Assessing Rural Development Policies of the CAP, Vienna, Austria, 21-23 April 2004

Опубликовано на портале: 31-03-2005
This paper aims to investigate the impact of structural funds policies on objective 1 regions over the past programming periods (1989-1993; 1994-1999). This impact is analysed by estimating a conditional convergence econometric model. According to this model, regional convergence is affected both by the policy treatment and by the regional economic structure (proxied by the agricultural employment share). This convergence model is specified in a panel-data dynamic form on a dataset of 206 NUTS II EU-15 regions observed over more than 10 years (from 1989 to 2000) and of 55 NUTS II regions of 12 accessing countries observed in the last five years of the sample period (1995-2000). A GMM estimation is applied to obtain consistent estimates of both the β-convergence and of the impact of the conditioning variables, mainly the objective 1 policies.

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