Political representatives repeatedly argue that globalization might lead to a destructive competition which would result in a "race to the bottom" of corporate tax rates and an insufficient financial endowment…
The European Cohesion Policy aims at promoting economic and social cohesion by reducing the gap between the development levels of the various regions. The ultimate goal is to reach a convergence of regional GDP…
This paper analyses the growth effects of EU structural funds using a new panel dataset of 124 NUTS-1 / NUTS-2 regions over the time period 1995-2005. We extend the current literature with regard to at least…