Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:37:42am WEST
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Daily Overview |
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C13: Public Goods, Cohesion Policy, and Procurement Location: Room 114 (Francesinhas 1) | |
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Beyond Additionality: The Impact of EU Cohesion Policy on Investments by the Member States 1: ZEW Mannheim and University of Münster; 2: University of Göttingen We study the crowding-in and crowding-out effects of EU Cohesion Policy, one of the largest public investment programs in the world, on investments in EU Member States. Leveraging a threshold that makes the poorer regions eligible for EU funding, we show that Cohesion funds crowd-out public investments. The retrieved fiscal resources are shifted towards current expenditures, rather than to other regions or periods. Although this crowding-out effect is a clear violation of EU’s additionality principle, we show that it is more than outweighed by substantial crowding-in of investments by the private sector. We estimate a multiplier of three euros per invested euro, most of it driven by non-tradable industries like construction. Our complementary difference-in-difference suggests that this effect persist over time. Further ongoing work relying on similar designs estimates GDP and employment multipliers of Cohesion of about one, which works primarily through the crowding-in channel of private investments.
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