RT Journal Article
T1 An assessment of the impact of EU funds through productivity boosts using CES functions
A1 Cardenete Flores, Manuel Alejandro
A1 Lima Díaz, M. Carmen
A1 Sancho, Ferran
K1 CES technologies
K1 Productivity boost
K1 CES calibration
AB The economic effects of European Funds on recipient countries are not without controversy. We propose to study this issue focusing on the productivity coefficients of CES production functions in a multisectoral, interdependent general equilibrium model. We adopt the calibration techniques typically used in computational general equilibrium modelling to estimate a numerical improvement in the productivity coefficients of the CES functions. The array of different funds belongs to two broad categories associated with the two types of primary factors, labour and capital, that determine the output. Once we estimate the change in productivity coefficients in labour and in capital, we introduce them into a computable general equilibrium model and simulate their effects, all else being equal, in order to quantify their likely economy-wide effects.
PB Routledge Taylor & Francis Group
YR 2019
FD 2019
LK https://hdl.handle.net/10433/20406
UL https://hdl.handle.net/10433/20406
LA en
NO M. Alejandro Cardenete, M. Carmen Lima & Ferran Sancho (2019) An assessment of the impact of EU funds through productivity boosts using CES functions, Applied Economics Letters, 26:10, 872-876, DOI: 10.1080/13504851.2018.1508867
NO Proyectos de investigaciónSpanish Ministry of Economy [MINECO ECO2012/35430,MINECO ECO2017/ 83534P];  Andalusian Regional Government [SEJ-4546]; Universidad Loyola Andalucía; European Commission [Project JRC/SVQ/2015/J.1/0038/NC].
NO Departamento Economía, Métodos Cuantitativos e Historia Económica
DS RIO
RD May 9, 2026