ScholarLens Back to search
2012•Journal of European IntegrationRequires access

EU Control of State Aid to Mobile Investment in Comparative Perspective

Kenneth P. Thomas

Open publisher page 4 citations

Abstract

European Union policy on regional aid has always exhibited a concern for the possibility of bidding wars for mobile investment, but it is only since 1998 that the EU has had comprehensive rules designed to address investment incentives. The Multisectoral Framework on Regional Aid for Large Investment Projects, now incorporated into the Regional Aid Guidelines, provides for reduced aid maxima for projects over €50 million. This paper shows that the Multisectoral Framework has largely accomplished its goals: aid award levels have fallen significantly since the reform of the Framework in 2002, and in comparison with the unregulated location tournaments of the US, aid packages are smaller in the EU. In fact, in 2010–2011, there were only three aid awards of $100 million or more in the EU, versus 21 in the US.

About this research paper

What this paper is about

European Union policy on regional aid has always exhibited a concern for the possibility of bidding wars for mobile investment, but it is only since 1998 that the EU has had comprehensive rules designed to address investment incentives. The Multisectoral Framework on Regional Aid for Large Investment Projects, now incorporated into the Regional Aid Guidelines, provides for reduced aid maxima for projects over €50 million. This paper shows that the Multisectoral Framework has largely accomplished its goals: aid award levels have fallen significantly since the reform of the Framework in 2002, and in comparison with the unregulated location tournaments of the US, aid packages are smaller in the EU. In fact, in 2010–2011, there were only three aid awards of $100 million or more in the EU, versus 21 in the US.

Why it matters

OpenAlex reports 4 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

European Union policy on regional aid has always exhibited a concern for the possibility of bidding wars for mobile investment, but it is only since 1998 that the EU has had comprehensive rules designed to address investment incentives. The Multisectoral Framework on Regional Aid for Large Investment Projects, now incorporated into the Regional Aid Guidelines, provides for reduced aid maxima for projects over €50 million. This paper shows that the Multisectoral Framework has largely accomplished its goals: aid award levels have fallen significantly since the reform of the Framework in 2002, and in comparison with the unregulated location tournaments of the US, aid packages are smaller in the EU. In fact, in 2010–2011, there were only three aid awards of $100 million or more in the EU, versus 21 in the US.

Key concepts: Investment (military), Bidding, Incentive, European union, Development aid, Perspective (graphical), State (computer science), Business

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
EU Control of State Aid to Mobile Investment in Comparative Perspective — Research Paper | ScholarLens