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.
| Original language | English |
|---|---|
| Pages (from-to) | 143-152 |
| Number of pages | 10 |
| Journal | Regional Science and Urban Economics |
| Volume | 69 |
| DOIs | |
| Publication status | Published - Mar 2018 |
| Externally published | Yes |
Keywords
- European Union
- Local average treatment effects
- Regional transfers
Cite this
}
Effects of EU Regional Policy : 1989-2013. / Becker, Sascha O.; Egger, Peter H.; von Ehrlich, Maximilian.
In: Regional Science and Urban Economics, Vol. 69, 03.2018, p. 143-152.Research output: Contribution to journal › Article › Research › peer-review
TY - JOUR
T1 - Effects of EU Regional Policy
T2 - 1989-2013
AU - Becker, Sascha O.
AU - Egger, Peter H.
AU - von Ehrlich, Maximilian
PY - 2018/3
Y1 - 2018/3
N2 - 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.
AB - 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.
KW - European Union
KW - Local average treatment effects
KW - Regional transfers
UR - http://www.scopus.com/inward/record.url?scp=85042387514&partnerID=8YFLogxK
U2 - 10.1016/j.regsciurbeco.2017.12.001
DO - 10.1016/j.regsciurbeco.2017.12.001
M3 - Article
VL - 69
SP - 143
EP - 152
JO - Regional Science and Urban Economics
JF - Regional Science and Urban Economics
SN - 0166-0462
ER -