Propensity score matching - Final Report - Work package 14d Ex post evaluation of Cohesion Policy programmes 2007-2013, focusing on the European Regional Development Fund (ERDF) and the Cohesion Fund (CF)
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This counterfactual impact evaluation (propensity score matching) estimates the effects of varying intensities of the EU Funds (sum of structural and cohesion funds) on a number of regional growth variables in the EU-27 regions during the period 1994 to 2013.
The results show a positive impact in terms of annual per-capita GDP growth due to the higher intensity of EUF in the Objective 1 /Convergence regions. This is compared to a counterfactual status of receiving the lower average intensity of the non-Objective 1 / non-convergence regions. The impacts on gross fixed capital formation and employment rate changes are also positive but not statistically significant.
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