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An interregional impact analysis of the EU structural funds in Spain (1995–1999)

Author

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  • Julián Pérez
  • Milagros Dones
  • Carlos Llano

Abstract

This paper uses an interregional input output model to estimate the economic impact of the EU structural funds received by the Spanish regions during the period 1995–1999. We attempt to cast further light on the interregional effects that the funds have produced in terms of output, value added and employment, not just in the regions where they were originally allocated, but also in the rest of the regions. This analysis offers additional information than the one attained using macroeconomic models which do not take interregional spillovers into account. The results are relevant regarding the discussion about the effectiveness of EU cohesion policy, and the share of output effects that are captured by the richest regions through their intersectoral linkages. Resumen Este artículo utiliza un modelo de entrada/salida para estimar el impacto económico de los fondos estructurales de la UE recibidos por las regiones españolas durante el periodo 1995–1999. Intentamos aclarar los efectos interregionales producidos por los fondos en términos de salidas, valor agregado y empleo, no solo en las regiones dónde fueron asignados originalmente sino también en el resto de las regiones. Este análisis ofrece información adicional aparte de la obtenida mediante modelos macroeconómicos que no toman en cuenta efectos de derrame (spillovers) interregionales. Los resultados son relevantes con respecto a la discusión sobre la efectividad de la política de cohesión de la UE, y el reparto de efectos de salida capturados por las regiones más ricas a través de sus vínculos intersectoriales.

Suggested Citation

  • Julián Pérez & Milagros Dones & Carlos Llano, 2009. "An interregional impact analysis of the EU structural funds in Spain (1995–1999)," Papers in Regional Science, Wiley Blackwell, vol. 88(3), pages 509-529, August.
    • Handle: RePEc:bla:presci:v:88:y:2009:i:3:p:509-529
    DOI: 10.1111/j.1435-5957.2008.00212.x
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    References listed on IDEAS

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    2. Carlos Llano & Almudena Esteban & Julian Pérez & Antonio Pulido, 2010. "Opening the Interregional Trade ‘‘Black Box’’: The C-Intereg Database for the Spanish Economy (1995—2005)," International Regional Science Review, , vol. 33(3), pages 302-337, July.
    3. Luis E Pedauga & Ana Pardo-Fanjul & Juan C Redondo & José M Izquierdo, 2022. "Assessing the economic contribution of sports tourism events: A regional social accounting matrix analysis approach," Tourism Economics, , vol. 28(3), pages 599-620, May.
    4. Andrés Artal-Tur & José Miguel Navarro-Azorín & José María Ramos-Parreño, 2020. "Measuring the economic contribution of tourism to destinations within an input-output framework: some methodological issues," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 19(3), pages 243-265, September.
    5. Hyunae Lee & Sunyoung Hlee, 2021. "The Intra- and Inter-Regional Economic Effects of Smart Tourism City Seoul: Analysis Using an Input-Output Model," Sustainability, MDPI, vol. 13(7), pages 1-16, April.
    6. Monsalve, Fabio & Zafrilla, Jorge Enrique & Cadarso, María-Ángeles, 2016. "Where have all the funds gone? Multiregional input-output analysis of the European Agricultural Fund for Rural Development," Ecological Economics, Elsevier, vol. 129(C), pages 62-71.

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