The effect of Structural Fund spending on the Galician regionan assessment of the 1994-1999 and 2000-2006 Galician CSFs

  1. Cancelo de la Torre, José Ramón
  2. Faíña, José Andrés
  3. López-Rodríguez, Jesús
Journal:
Notas técnicas: [continuación de Documentos de Trabajo FUNCAS]

ISSN: 1988-8767

Year of publication: 2005

Issue: 224

Type: Working paper

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Abstract

This paper focuses on the evaluation, for the Galician economy, of medium and long term effects of European Union Structural Funds through the impact of investments financed by the 1994-1999 and 2000-2006 Galician Community Support Frameworks (CSFs). To carry out our analysis we use a supply-side model estimated with a panel of regional data. In our approach we simulate the evolution of the Galician economy under two scenarios: Without and with the investments financed by the CSFs, so comparison of simulated actions for these two scenarios allow us to quantify the intensity of the incentive effects in the growth of income, employment and stock of capital.

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