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Absorptive capacity and the growth and investment effects of regional transfers : a regression discontinuity design with heterogeneous treatment effects
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Becker, Sascha O., Egger, Peter and Ehrlich, Maximilian von (2012) Absorptive capacity and the growth and investment effects of regional transfers : a regression discontinuity design with heterogeneous treatment effects. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2012 (Number 89).
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Text (Working paper)
WRAP_89.2012_becker.pdf - Published Version Download (4Mb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
Researchers often estimate average treatment effects of programs without investigating heterogeneity across units. Yet, individuals, firms, regions, or countries vary in their ability, e.g., to utilize transfers. We analyze Objective 1 Structural Funds transfers of the European Commission to regions of EU member states below a certain income level by way of a regression discontinuity
design with systematically heterogeneous treatment effects. Only about 30% and 21% of the regions - those with sufficient human capital and good-enough institutions - are able to turn transfers into faster per-capita
income growth and per-capita investment. In general, the variance of the treatment effect is much bigger than its mean.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Alternative Title: | Absorptive capacity and the growth and investment effects of regional transfers : regression discontinuity design with heterogeneous treatment effects | ||||
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HG Finance |
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Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Finance -- European Union countries, Investments - European Union countries, Economics -- Mathematical models, Regional economics -- European Union countries | ||||
Series Name: | CAGE Online Working Paper Series | ||||
Publisher: | Department of Economics, University of Warwick | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | March 2012 | ||||
Dates: |
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Volume: | Volume 2012 | ||||
Number: | Number 89 | ||||
Number of Pages: | 58 | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Open Access (Creative Commons) | ||||
Date of first compliant deposit: | 1 August 2016 | ||||
Date of first compliant Open Access: | 1 August 2016 | ||||
Version or Related Resource: | Becker, Sascha O., et al. (2011). Absorptive capacity and the growth effects of regional transfers : a regression discontinuity design with heterogeneous treatment effects. Coventry : Centre for Economic Policy Research. (CEPR Discussion Paper no.8474). http://wrap.warwick.ac.uk/id/eprint/45517 | ||||
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