Work

Measuring the effects of European Regional Policy on economic growth: A regression discontinuity approach

Year: 2013

Type: article

Abstract: Given the increasing share of the EU budget devoted to Regional Policy, several studies have tried to identify the impact of structural funds on economic growth. However, so far no consensus has been reached. We assess Regional Policy effects through a non-experimental comparison group method, the regression discontinuity design, and a novel regional dataset for the 1994–2006 period. We exploit the allocation rule of EU transfers by comparing regions with a per capita GDP level just below the eligibility threshold (75% of EU average) with those just above. Our findings show a positive impact of EU Regional Policy on economic growth.

Source: Papers of the Regional Science Association

DOI: 10.1111/j.1435-5957.2012.00459.x

Authors: Guido Pellegrini, Flavia Terribile, Ornella Tarola, Teo Muccigrosso, Federica Busillo

Institutions: Sapienza University of Rome, Ministry of Economic Development, Istituto Nazionale di Statistica

Language: English

Topic: Regional Development and Policy

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, Reduced inequalities

Open Access status: hybrid

Estimated APC paid: $2,740