Abstract
The EU enlargements of 2004 led to a redirection of Structural and
Cohesion Funds expenditures from EU-15 to new EU members as did those of 2007. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows that a
reallocation of structural funds as outlined in Agenda (For a stronger and wider union, COM(97) 2000 final, 2000) and successive revisions of the financial perspectives for an enlarged union leads to a redistribution of FDI by approximately
4-8 percentage points from the current EU members to the accession countries(2004 scenario) and 7-10 percentage points (2007 scenario), respectively.
Cohesion Funds expenditures from EU-15 to new EU members as did those of 2007. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows that a
reallocation of structural funds as outlined in Agenda (For a stronger and wider union, COM(97) 2000 final, 2000) and successive revisions of the financial perspectives for an enlarged union leads to a redistribution of FDI by approximately
4-8 percentage points from the current EU members to the accession countries(2004 scenario) and 7-10 percentage points (2007 scenario), respectively.
| Originalsprache | Englisch |
|---|---|
| Seiten (von - bis) | 469 - 494 |
| Fachzeitschrift | Review of World Economics |
| Jahrgang | 146 |
| Ausgabenummer | 3 |
| Publikationsstatus | Veröffentlicht - 1 Okt. 2010 |
Österreichische Systematik der Wissenschaftszweige (ÖFOS)
- 506004 Europäische Integration