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Effects of EU regional policy : 1989-2013
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Becker, Sascha O., Egger, Peter H. and von Ehrlich, Maximilian (2018) Effects of EU regional policy : 1989-2013. Regional Science and Urban Economics, 69 . pp. 143-152. doi:10.1016/j.regsciurbeco.2017.12.001
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Official URL: http://dx.doi.org/10.1016/j.regsciurbeco.2017.12.0...
Abstract
This paper analyzes the regional effects of EU Regional Policy during four programming periods: 1989-1993, 1994-1999, 2000-2006, 2007-2013. In particular, the focus is on the impact of transfers during the Financial and Economic Crisis and on the effects of gaining versus losing treatment status under the main Regional Policy subprogram – referred to as Objective 1 or Convergence Objective. We find that effects of Objective 1 status on growth are positive though not very long-lived: the effects of losing Objective 1 status on economic growth are negative, and the earlier positive effects on growth in the period(s) of Objective 1 treatment more or less undone. We show that the effects are weaker during the Crisis than before, in particular, on per-capita income in countries where the Crisis hit harder.
| Item Type: | Journal Article | ||||||||
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| Subjects: | H Social Sciences > HC Economic History and Conditions | ||||||||
| Divisions: | Faculty of Social Sciences > Economics | ||||||||
| Library of Congress Subject Headings (LCSH): | European Union countries -- Economic conditions -- Regional disparities, Regional planning -- Europe, European Union countries -- Economic integration, Regional economics -- European Union countries, Transfer payments -- European Union countries | ||||||||
| Journal or Publication Title: | Regional Science and Urban Economics | ||||||||
| Publisher: | Elsevier BV | ||||||||
| ISSN: | 0166-0462 | ||||||||
| Official Date: | March 2018 | ||||||||
| Dates: |
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| Volume: | 69 | ||||||||
| Page Range: | pp. 143-152 | ||||||||
| DOI: | 10.1016/j.regsciurbeco.2017.12.001 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Open Access | ||||||||
| RIOXX Funder/Project Grant: |
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