Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 12, 2022 erstellt
Beschreibung:
The primary objective of the European Union has been to bring cohesion among it’s member states and their respective regions. To do such the Union has introduced structural funds of various types. Since the last decade these structural funds have also been used to combat climate change via human capital and green investments. Our main objective is to analyse how these structural funds have impacted EU regional economic growth patterns, to do such we use a novel heterogeneous panel estimator of C-lasso type we conclude with two groups and find definitive impact of structural funds towards regional economic growth. We then check the impact of regional European emission trading system and European pollution registry system on economic growth using a panel threshold regression which using latent group structure. In doing so we find two groups in our sample and presence of threshold levels both with and without latent groups