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Quality of Government and the Returns of Investment: Examining the Impact of Cohesion Expenditure in European Regions

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/quality-of-government-and-the-returns-of-investment_5k43n1zv02g0-en.html
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This paper sets out to examine the impact of the quality of local and regional governments on the returns of investment, focusing on the returns of EU structural and cohesion funds. Despite the widespread belief that the quality of government affects the returns of public investments, whether this is effectively the case has seldom been proved....
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