| Popis: |
This paper analyses the economic long-run effects of the EU funds received by the Andalusian region, with special emphasis in the Community Support Framework 1994-1999 (CSF 94-99). To that end, we estimate an aggregate private-sector production function where the stock of public capital appears as a separate and different productive factor. This estimation is made both for Andalusia as a whole (using cointegration techniques with time series) and for the Andalusian provinces (using cointegration methods for dynamic panels). |
