Show simple item record Arcalean, Calin Glomm, Gerhard Schiopu, Ioana 2007-02-01T20:18:17Z 2007-02-01T20:18:17Z 2007-01-31
dc.identifier.uri en
dc.identifier.uri en
dc.description.abstract We develop a two-region, two sector model with migration and public investment in infrastructure and education. In a numerical example calibrated to Portugal, we find that the structural funds can improve the growth rate of the lagging region and slightly reduce the regional inequality, without necessarily producing convergence. When the mix of national public investment departs from optimum, the allocation of supra-national funds across infrastructure and public education can partially offset this national sub-optimality. We also find that the short-run growth-maximizing mix is different from the long-run mix. Moreover, the rich region has an incentive to bias the allocation of structural funds towards human capital formation. en
dc.format.extent 302120 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US en
dc.publisher Center for Applied Economics and Policy Research en
dc.relation.ispartofseries CAEPR Working Papers en
dc.relation.ispartofseries 2007-002 en
dc.relation.isversionof This paper can also be found in SSRN and RePEc. en
dc.subject CAEPR en
dc.subject Center for Applied Economics and Policy Research en
dc.subject endogenous growth en
dc.subject spatial redistribution en
dc.subject regional policy en
dc.subject European Union en
dc.title Growth Effects of Spatial Redistribution Policies en
dc.type Working Paper en

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