Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 457092
Title Where the European Union should Multiply its Money: Stimulating Measures in the Economic Monetary Union
Author(s) Groeneveld, A.N.; Heijman, W.J.M.
Source Ekonomika Poljoprivrede = Economics of Agriculture 60 (2014)4. - ISSN 0352-3462 - p. 775 - 788.
Department(s) Agricultural Economics and Rural Policy Group
WASS
Publication type Refereed Article in a scientific journal
Publication year 2014
Abstract The aim of this article is to investigate in which sectors and countries the European Union should invest to diminish the economic gap between different member states. It answers the question at which sectors and regions the European regional policy should be directed. In an attempt to indicate which regions and sectors have favourable investment opportunities, multipliers are calculated for all but three countries of the Economic Monetary Union. The multipliers are calculated using a technique described by Jensen et al. (1979) and Heijman and Schipper (2010). The highest multipliers are found within the Construction sector. To provide policy recommendations we focus on countries with high multiplier values and high unemployment rates. If we assume that multiplier values and unemployment rates are important, then the European Union should spend most in Slovakia, Estonia, Italy, Greece, and Spain. The spendings in Estonia, Slovakia, and Greece would fall under the Cohesion Funds.
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