Back
 ME  Vol.4 No.6 , June 2013
Analysis of the Impact of the European Funds in Andalusia in 2007-2013 Using a General Equilibrium Model
Abstract: Ever since the accession of Spain to the European Economic Community, Andalusia has been recipient of European Funds. This paper proposes an analysis that will reveal the economic impact of the European Funds received by the Autonomous Region of Andalusia during the period 2007-2013. With this purpose, a Computable General Equilibrium (CGE) model will be implemented to assess, in different simulation scenarios, the effects of those funds on the main macroeconomic indicators. The results will highlight the significant contribution of the European Funds to the regional growth during the period analysed.
Cite this paper: M. Cardenete and M. Delgado, "Analysis of the Impact of the European Funds in Andalusia in 2007-2013 Using a General Equilibrium Model," Modern Economy, Vol. 4 No. 6, 2013, pp. 448-452. doi: 10.4236/me.2013.46047.
References

[1]   M. A. Cardenete, M. C. Delgado and M. C. Lima, “The Structural Funds in Andalusia for the Programming Period 2014-2020: Time for Tightening Belts,” European Planning Studies, 2013, doi:10.1080/09654313.2013.771622

[2]   L. Walras, “Elementos de Economía Política Pura,” Alianza Editorial, Madrid, 1874.

[3]   K. J. Arrow and G. Debreu “Existence of an Equilibrium for a Competitive Economy,” Econometrica, Vol. 22, No. 3, 1954, pp. 265-290. doi:10.2307/1907353

[4]   A. Wald, “On Some Systems of Equations of Mathematical Economics,” Econometrica, Vol. 19, No. 4, 1951, pp. 368-403. doi:10.2307/1907464

[5]   L. W. McKenzie, “On the Existence of General Equilibrium for a Competitive Market,” Econometrica, Vol. 27, No. 1, 1959, pp. 54-71. doi:10.2307/1907777

[6]   H. Scarf, “The Computation of Economic Equilibria,” with T. Hansen, Yale University Press, New Haven, 1973.

[7]   J. Whalley, “A General Equilibrium Assessment of the 1973 United Kingdom Tax Reform,” Economica, Vol. 42, No. 166, 1975, pp. 139-161. doi:10.2307/2553589

[8]   J. Whalley, “The United Kingdom System, 1968-1970: Some Fixed Point Indications of its Economic Impact,” Econometrica, Vol. 45, No. 8, 1977, pp. 1837-1858. doi:10.2307/1914113

[9]   J. B. Shoven, “The Incidence and Efficiency Effects of Taxes on Income from Capital,” Journal of Political Economy, Vol. 86, No. 6, 1976, pp. 1261-1284. doi:10.1086/260511

[10]   P. K. Narayan, “Macroeconomic Impact of Natural Disasters on a Small Island Economy: Evidence from a CGE Model,” Applied Economics Letters, Vol. 10, No. 11, 2003, pp. 721-723. doi:10.1080/1350485032000133372

[11]   M. Llop and A. Manresa, “The General Equilibrium Effects of social Security Contributions under Alternative Incidence Assumptions,” Applied Economics Letters, Vol. 11, No. 13, 2004, pp. 847-850. doi:10.1080/1350485042000258265

[12]   M. C. Lima and M. A. Cardenete, “The Effects of European Structural Funds in a Regional Economy: An Applied General Equilibrium Analysis,” Applied Economic Letters, Vol. 14, No. 11, 2007, pp. 851-855. doi:10.1080/13504850600592630

[13]   M. C. Lima and M. A. Cardenete, “The Impact of the European Structural Funds in the South of Spain: A CGE Approach,” European Planning Studies, Vol. 16, No. 10, 2008, pp. 1445-1457. doi:10.1080/09654310802420169

[14]   M. C. Lima, M. A. Cardenete and C. Usabiaga, “Andalucía y el MAC 2000-2006: Una Evaluación de Los Fondos Estructurales Recibidos,” Papeles de Economía Espanola, No. 123, 2010, pp. 102-118.

[15]   F. J. De Miguel and A. Manresa, “Removal of Farm Subsidies in a Regional Economy: A Computable General Equilibrium Analysis,” Applied Economics, Vol. 40, No. 16, 2008, pp. 16-18. doi:10.1080/00036840600949371

[16]   J. R. Monrobel, A. Cámara and M. A. Marcos, “Modeling European Regional Policy 2007-2013: Applied General Equilibrium Analysis of the Economic Impact on the Madrid Region,” European Planning Studies, Vol. 21, No. 2, 2013, pp. 264-280. doi:10.1080/09654313.2012.722925

[17]   M. A. Cardenete and F. Sancho, “An Applied General Equilibrium Model to Assess the Impact of National Tax Changes on a Regional Economy,” Review of Urban and Regional Development Studies, Vol. 15, No. 1, 2003, pp. 55-65. doi:10.1111/1467-940X.00064

[18]   Ministerio de Política Territorial, “Perfil Económico y Financiero de las Comunidades Autónomas 2008. Andalucía,” Secretaría de Estado de Cooperación Territorial, Dirección de Cooperación Autonómica, Subdirección General de Análisis de las Comunidades Autónomas, Madrid, 2009.

 
 
Top