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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 ISSN 0166-0462.

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Official URL: http://dx.doi.org/10.1016/j.regsciurbeco.2017.12.0...

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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
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:
DateEvent
March 2018Published
7 December 2017Available
1 December 2017Accepted
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 (Creative Commons)
Date of first compliant deposit: 26 January 2018
Date of first compliant Open Access: 26 January 2018
RIOXX Funder/Project Grant:
Project/Grant IDRIOXX Funder NameFunder ID
UK in a Changing Europe initiativeEconomic and Social Research Institutehttp://dx.doi.org/10.13039/501100001587
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