This study investigates employment growth in the business activities supported by the European Cohesion Policy. We examine cross-industry, cross-regional variations in a sample of fourteen manufacturing industries and seventy European regions (in Germany, Italy and Spain) and take advantage of detailed European Union Structural Funds data at the regional level for the period 2000–2006. We show that business support is positively associated with higher employment growth in industries that are initially smaller and in those with higher growth opportunities. The results suggest that direct support to businesses by the European Cohesion Policy contributes to the growth process of employment in different industries. Because previous estimated effects at the aggregate level may in fact conceal large differences across industries, we conclude that our empirical analysis contributes to the understanding of how Structural Funds can affect industrial and regional development as well as adjustment paths.

(2014). The Effect of Business Support on Employment in Manufacturing: Evidence from the European Union Structural Funds in Germany, Italy and Spain [journal article - articolo]. In EUROPEAN PLANNING STUDIES. Retrieved from http://hdl.handle.net/10446/201302

The Effect of Business Support on Employment in Manufacturing: Evidence from the European Union Structural Funds in Germany, Italy and Spain

Moretti, Luigi
2014

Abstract

This study investigates employment growth in the business activities supported by the European Cohesion Policy. We examine cross-industry, cross-regional variations in a sample of fourteen manufacturing industries and seventy European regions (in Germany, Italy and Spain) and take advantage of detailed European Union Structural Funds data at the regional level for the period 2000–2006. We show that business support is positively associated with higher employment growth in industries that are initially smaller and in those with higher growth opportunities. The results suggest that direct support to businesses by the European Cohesion Policy contributes to the growth process of employment in different industries. Because previous estimated effects at the aggregate level may in fact conceal large differences across industries, we conclude that our empirical analysis contributes to the understanding of how Structural Funds can affect industrial and regional development as well as adjustment paths.
articolo
Florio, Massimo; Moretti, Luigi
(2014). The Effect of Business Support on Employment in Manufacturing: Evidence from the European Union Structural Funds in Germany, Italy and Spain [journal article - articolo]. In EUROPEAN PLANNING STUDIES. Retrieved from http://hdl.handle.net/10446/201302
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10446/201302
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