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. K011-12-es előadóterem Győző GYÖNGYÖSI (Kiel Institute for the World Economy) Financial distress and student performance This paper studies the effect of household financial distress on students’ ... Details »
Venue: MTA HTK 1097 Budapest Tóth Kálmán u. 4. fszt. K011-12-es előadóterem Marc Kaufmann (CEU) Excuse-Driven Present Bias Abstract: In a laboratory experiment, we test the hypothesis that people behave in more present-biased ways when they ... Details »
Venue: Budapest, Fővám tér 8. 1093 The Financial Research Centre, Department of Finance, Corvinus Business School, Corvinus University of Budapest and the Game Theory Research Group, Centre for Economic and Regional Studies, ... Details »
“The effect of primary care availability on antibiotic consumption in Hungary: a population based panel study using unfilled general practices” by Anikó BÍRÓ and ... Details »
Health Differences at Birth between Roma and non‐Roma Children in Hungary: Long‐run Trends and Decomposition by Tamás HAJDU, Gábor KERTESI and Gábor KÉZDI was ... Details »
“The local food system in the ‘genius loci’ – the role of food, local products and short food chains in rural tourism” by Gusztáv ... Details »