An assessment of the impact of EU funds through productivity boosts using CES functions

Cardenete M.A.; Lima M.C.; Sancho F.

dc.contributor.author	Cardenete M.A.
dc.contributor.author	Lima M.C.
dc.contributor.author	Sancho F.
dc.date.accessioned	2020-09-02T22:14:12Z
dc.date.available	2020-09-02T22:14:12Z
dc.date.issued	2019
dc.identifier	10.1080/13504851.2018.1508867
dc.identifier.citation	26, 10, 872-876
dc.identifier.issn	13504851
dc.identifier.uri	https://hdl.handle.net/20.500.12728/3917
dc.description	The economic effects of European Funds on recipient countries are not without controversy. We propose to study this issue focusing on the productivity coefficients of CES production functions in a multisectoral, interdependent general equilibrium model. We adopt the calibration techniques typically used in computational general equilibrium modelling to estimate a numerical improvement in the productivity coefficients of the CES functions. The array of different funds belongs to two broad categories associated with the two types of primary factors, labour and capital, that determine the output. Once we estimate the change in productivity coefficients in labour and in capital, we introduce them into a computable general equilibrium model and simulate their effects, all else being equal, in order to quantify their likely economy-wide effects. © 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.
dc.language.iso	en
dc.publisher	Routledge
dc.subject	CES calibration
dc.subject	CES technologies
dc.subject	productivity boost
dc.subject	assessment method
dc.subject	calibration
dc.subject	capital
dc.subject	European Union
dc.subject	general equilibrium analysis
dc.subject	labor
dc.subject	modeling
dc.subject	Europe
dc.title	An assessment of the impact of EU funds through productivity boosts using CES functions
dc.type	Article

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An assessment of the impact of EU funds through productivity boosts using CES functions

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