European Cohesion Policy impact on development and convergence: a local empirical analysis in Portugal between 2000 and 2014 |
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| Authors: | Paulo Caldas Brian Dollery Rui Cunha Marques |
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| Affiliation: | 1. University of Lisbon and CESUR-CERIS, Lisbon, Portugal;2. UNE Business School, University of New England and Centre for Local Government, Armidale, Australia;3. UNE Business School, University of New England and Centre for Local Government, Armidale, Australia;4. Faculty of Economics, Yokohama National University, Yokohama, Japan |
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| Abstract: | Substantial European Structural and Investment Funds (ESIF) monies have been directed at regional economic and social development in Portugal in which Portuguese local government plays a vital role. Given the magnitude of funding, an important question turns on the effect of the ESIF on overall local authority performance. This paper focuses on the impact of the ESIF on Portuguese municipality performance and development. In particular, it investigates whether the ESIF improved the performance of Portuguese local government and which factors best explain its effect on municipality development. The analysis considers all 308 Portuguese local authorities for the period 2000–2014. Various policy implications flowing from the empirical results of this analysis are explored. |
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| Keywords: | European Structural and Investments Funds performance assessment Portuguese local government sustainable development |
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