Publication: The effects of European funds on a regional economy: an applied general equilibrium analysis
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Routledge Taylor & Francis Group
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Abstract
In this work we conduct an impact analysis of European Structural Fundsto assess their effect on output, prices and consumers’ income on theEuropean region of Andalusia, in the south of Spain. For this purpose wepresent an Applied General Equilibrium Model for Andalusia (AGEM_A)and proceed to compare the reception of regional funds scenario to ahypothetical situation where this financial support has been removed.The AGEM_A has been numerically implemented by supplementing thestatistical information provided by the Social Accounting Matrices forAndalusia corresponding to 1990, 1995 and 1999, with data included in thethree Community Support Frameworks approved by the EuropeanCommission.
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Both authors wish to thank the support from the andalusian research project SEJ2004-246 and also for the research project XT2004-0039 fromGeneralitat de Catalunya. The second author thanks SEC2003-05112 from Spain’s Ministry ofScience and Technology and Fundacion Centro de Estudios Andaluces (centrA)
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M. Carmen Lima & M. Alejandro Cardenete (2007) The effects of European funds on a regional economy: an applied general equilibrium analysis, Applied Economics Letters, 14:11, 851-855, DOI: 10.1080/13504850600592630