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The growth effect of EU funds – the role of institutional quality

Augusztin, Anna and Iker, Áron and Monisso, Anna and Szörfi, Béla (2025) The growth effect of EU funds – the role of institutional quality. ACTA OECONOMICA, 75 (2). pp. 153-181. ISSN 0001-6373

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Abstract

This paper investigates the impact of the EU's Structural, Cohesion, and Pre-accession Funds on economic growth. We look at a large sample of 27 EU countries and the UK between 1989 and 2020, essentially covering the full history of these funds. We show that the growth effect of the funds is conditional on institutional quality: the funds contribute to economic growth only in countries with strong institutions: low corruption, strong rule of law, effective governments, and strong regulatory quality.

Item Type: Article
Uncontrolled Keywords: economic growth; structural; cohesion funds; institutions
Subjects: Q Science / természettudomány > Q1 Science (General) / természettudomány általában
SWORD Depositor: MTMT SWORD
Depositing User: MTMT SWORD
Date Deposited: 26 Aug 2025 09:01
Last Modified: 26 Aug 2025 09:01
URI: https://real.mtak.hu/id/eprint/222860

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