The Macroeconomic Effects of EU Regional Structural Funds
研究了欧盟两种区域结构性基金（欧洲区域发展基金和欧洲社会基金）对区域经济的短期和中期影响，发现效果因基金类型和区域特征而异，并讨论了其对欧盟复苏与韧性基金的启示。
Abstract We examine the macroeconomic effects of two EU regional structural funds. The European regional development fund (ERDF) has positive short term average consequences, but gains typically dissipate within 3 years. The European Social Fund has insignificant average short term effects, but the medium term effect is positive and economically important. There are regional heterogeneities in terms of location, level of development, EU tenure, Euro area membership, and national borders. The reaction of regional government expenditure to shocks in the structural funds accounts for the differences. The implications for the EU Recovery and Resilience Facility are discussed.