CEU Electronic Theses and Dissertations, 2018
| Author | Mammadova, Zivar |
|---|---|
| Title | The Impact of Cohesion Policy on Regional Development in Estonia: Experience from 2007-2013 |
| Summary | The research examines the impact of the Cohesion Policy 2007-2013 on GDP per capita in county level in Estonia. The policy implemented under three operational programs- first Development of Economic Environment, second Development of Living Environment and finally Human Resource Development with the support of European Regional Development Fund (ERDF), Cohesion Fund and country contribution by 17%. The total allocated EU funding was EUR 3.4 billion and country contribution is equivalent to EUR 0.7 billion. The Different priority areas under all three programs, mainly, served to develop a knowledge-based economy; improve infrastructure of educational and health-care facilities; construction of roads, ensuring environmental protection and enhancing renewable energy sector. Econometric Models Fixed Effect OLS and the Difference GMM Dynamic Panel Estimator are used to analyze the effect. The results show there is a positive impact of the policy on economic development. Moreover, the analysis reveals that the Cohesion Policy 2007-2013 contributed to the convergence of regions. |
| Supervisor | Konya, Istvan |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2018/mammadova_zivar.pdf |
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