2015/07/03 by Carlos Pinho, Celeste Varum, Micaela Antunes · 1 citation
Economics, Econometrics and Finance · Social Sciences · #Economic Growth and Productivity #Regional Development and Policy #Regional Economics and Spatial Analysis
paper · doi:10.1080/00213624.2015.1072382
crossref issued 2015/07/03 · crossref published 2015/07/03 · crossref published-print 2015/07/03 · openalex publication_date 2015/07/03 · crossref published-online 2015/08/31 · crossref created 2015/08/31 · crossref deposited 2019/08/29 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/29 · crossref indexed 2026/07/29
:Strengthening economic, social, and territorial cohesion is a central objective of the European Union. However, disparities between European regions are considerable, and there are doubts as to whether they are likely to be attenuated. In recent years, there has been a growing body of literature that examines the effectiveness of the European Union’s funds for promoting growth and reducing asymmetries among members. We contribute to this literature by examining the conditions under which the European Union’s financial aid may be affecting regional growth. We explore the interactions between transfers and income and other regional characteristics, such as human capital or innovation. We apply this study to a panel of 137 European regions, covering the period from 1995 to 2009. Our conclusions suggest a positive and significant marginal impact of funds only in regions with low levels of human capital and innovation.