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 The Cost of Favouritism in Public Procurement Bruno Baránek Department of Economics, Princeton University Vítézslav Titl Faculty of Economics and Business, University of Leuven ... Details »
Venue: MTA HTK 1097 Budapest Tóth Kálmán u. 4. fszt. K013-14-es előadóterem Dissecting the Gender Gap in Entrepreneurial Ambitions and Success Békés Gábor, Hannák Anikó, May Anna Despite the growing number of women-owned businesses, women still ... Details »
“PARENTAL JOB LOSS, SECONDARY SCHOOL COMPLETION AND HOME ENVIRONMENT” by Tamás HAJDU, Gábor KERTESI and Gábor KÉZDI was published in Acta Oeconomica. Abstract This ... Details »
Trading Networks with Frictions by Tamás FLEINER, Ravi JAGADEESAN, Zsuzsanna JANKÓ and Alexander TEYTELBOYM was published in Econometrica. download article here Share this:FacebookLinkedInTwitter
“The multiplier effect of local food: the protocol of a systematic review” was presented by Imre FERTŐ at the EAAE (European Association of Agricultural ... Details »