Work

Cohesion Policy Impact on Regional Development. Cross-sectional and Panel Data-based Spatial Analysis

Year: 2023

Type: book-chapter

Abstract: Cohesion Policy has been the major tool for the EU to struggle against regionaldisparities. Its impact on regional development has always been an important researchtheme. The main aim of our paper is to analyse the impact of Cohesion Policy on thedevelopment of EU NUTS-2 regions in the period 2007-2018, by adopting a Beta-con-vergence model approach, and trying to overcome its main limitations, i.e. endogene-ity, spatial relationship and heterogeneity. In addition, we conduct analysis using bothcross-sectional and panel data. The results show strong evidence of growth convergencebetween regions and a slightly positive Cohesion Policy impact on regional development.While richer regions benefit more from EU support in the short-run, lagging regions tendto experience greater economic effects over time.

Source: Archivio istituzionale della ricerca (Alma Mater Studiorum Università di Bologna)

Authors: Pinuccia Pasqualina Calia, Cristina Brasili, Zbigniew Mogiła

Institution: National Bureau of Economic Research

Language: English

Topic: Regional Development and Policy

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDG: Reduced inequalities

Open Access status: green

OpenAlex ID: W7027386882

FWCI:

Cites: 330

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Related to: 10