Since the collapse of the communist system, regional inequalities have increased in Central European Countries. This paper describes an assessment of the impacts of regional development programmes on the development of Hungarian regions at a highly disaggregated level between 2002 and 2008. We construct a multi-dimensional composite indicator to estimate the overall development of rural regions and capture social, economic and environmental dimensions. The impacts of rural development programmes were investigated through counterfactual analysis in combination with Propensity Score Matching and Difference-in-Differences approaches. There has been considerable variation with increasing concentration in the level of subsidies distributed during the analysed period. From a policy perspective, the results are disappointing. Irrespective of the subsidy measures or methodology employed, the impact of the former is very close to zero or non-significant. Our findings cast serious doubt on the effectiveness of development policy and the long-run convergence of European regions.
Venue: MTA HTK 1097 Budapest Tóth Kálmán u. 4. fszt. K0.11-12 István KÓNYA, Judit KREKÓ, Gábor OBLATH Labor shares in the EU sectoral effects and the role of relative prices The paper studies the labor ... Details »
Venue: MTA HTK 1097 Budapest Tóth Kálmán u. 4. fszt. K0.11-12 Róbert SOMOGYI: Prioritization vs Zero-rating: Discrimination on the Internet Abstract: This paper analyzes two business practices on the mobile internet market, paid prioritization and zero-rating. ... Details »
“Do CAP subsidies stabilise farm income in Hungary and Slovenia?” by Imre FERTŐ and Stefan BOJNEC in Agricultural Economics: Do CAP subsidies stabilise farm ... Details »
Learning to save in a voluntary pension system: toward an agent-based model by András SIMONOVITS and Balázs KIRÁLY was published in Journal of Economic ... Details »
Ambient temperature and sexual activity: Evidence from time use surveys by Tamás HAJDU and Gábor HAJDU was published in Demographic Research. Abstract Background: Previous ... Details »