Active labour market policies and the efficiency of the European Social Fund in Spanish regions
利用西班牙17个地区1989-2010年的面板数据,估计了地区层面积极劳动力市场政策公共支出的决定因素,发现欧洲社会基金未能有效促进此类支出,且地区间争夺资金的寻租行为反而产生相反效果。
Active labour market policies and the efficiency of the European Social Fund in Spanish regions. Regional Studies. This paper estimates the determinants of public expenditure on active labour market policies (ALMPs) at the regional level using panel data from a sample of the 17 Spanish regions (1989–2010). The estimations take into account endogeneity, dynamics and spatial dependence among regions. Estimations’ outcome is interpreted with the help of a simple theoretical model of intergovernmental grants. Results reveal that the European Social Fund is not effective in its aim of promoting ALMP expenditure and show that rent-seeking when regions compete to attract funds from a common pool provokes the opposite effect, which is exacerbated in the presence of imitation.