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Measuring Micro- and Macro-Impacts of Regional Development Policies

The Case of the Northeast Regional Fund (FNE) Industrial Loans in Brazil, 2000–2006

Bibliographic Data

ID10409470
AuthorsGuilherme Resende (0000-0002-7138-5492, Institute of Applied Economic Research, corresponding author), Guilherme M Resende (Department of Geography & Environment, London School of Economics and Political Science (LSE), Houghton Street, London WC2A 2AE, UK)
Year2012
Volume48
Issue4
Pages646-664
Publication date2012-05-11
Open AccessNo
TypeARTICLE
VenueRegional Studies (JOURNAL)
Journal identifiersISSN: 0034-3404 • E-ISSN: 1360-0591
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/00343404.2012.667872
OpenAlexW2018942753
LanguageEN
Citations received4
References cited19

This paper formulates a framework to measure the micro- and macro-impacts of regional development policies in Brazil using the first-differences method that controls for observable characteristics and unobserved fixed effects. Next, it applies this framework to measure the impact of the Northeast regional fund (FNE) industrial loans on employment and labour productivity growth at the micro- (firm) level and on gross domestic product (GDP) per capita growth at macro- (municipalities, micro-regions and spatial clusters) levels for the 2000–2003 and 2000–2006 periods. The results show a positive and statistically significant impact of the FNE industrial loans on job creation at the micro-level but no significant impacts on the GDP per capita growth at the macro-level

Business · Economic system · Economics · Geography · Macro · Macro level · Regional development · Regional science · Regional studies · Computer Science · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Regional Development and Policy

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Citations per year0.33
Citation span2014 - 2023 (10)
Highly citedNo
Open DOISci-Hub
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