Learning processes and economic returns in European cohesion policy

"This paper evaluates whether the learning mechanisms of the European Cohesion policy have contributed to improve the economic impact of Structural Fund expenditure over time. It intends to show whether the evolution of the policy in response to greater internal monitoring and consultation and...

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Main Authors: Rodríguez-Pose, Andrés, Novak, Katja
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Madrid 2011
IMDEA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19136582124919547649-Learning-processes-and-economi.htm
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author Rodríguez-Pose, Andrés
Novak, Katja
author_facet Rodríguez-Pose, Andrés
Novak, Katja
collection Library items
description "This paper evaluates whether the learning mechanisms of the European Cohesion policy have contributed to improve the economic impact of Structural Fund expenditure over time. It intends to show whether the evolution of the policy in response to greater internal monitoring and consultation and external scrutiny and criticism has resulted in a more efficient and better targeted Cohesion policy. This is tested using an econometric model which evaluates the effect of Structural Fund expenditure on the growth of regional GDP per capita – conditional on factor endowments, institutional quality and initial conditions – during the last programming periods for which full sets of data are available (1994-1999 and 2000-2006). The results of the analysis unveil an increase in the effectiveness of the policy in successive periods. This positive association is robust to controlling for the level of development of the country and the relative economic position of a region within a country. The results also show that, when structural factors are taken into consideration, Structural Fund investment tends to yield higher returns in better-off countries and wealthier regions within countries."
format TEXT
geographic EU countries
id 19136582124919547649_f6cefffdd3d04d6f8540e8061e21056c
institution ETUI-European Trade Union Institute
is_hierarchy_id 19136582124919547649_f6cefffdd3d04d6f8540e8061e21056c
is_hierarchy_title Learning processes and economic returns in European cohesion policy
language English
physical 40 p.
Digital
publishDate 2011
publisher Madrid
IMDEA
spellingShingle Rodríguez-Pose, Andrés
Novak, Katja
economic and social development
economic growth
EU policy
EU Structural funds
regional level
Learning processes and economic returns in European cohesion policy
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=112331393051
title Learning processes and economic returns in European cohesion policy
topic economic and social development
economic growth
EU policy
EU Structural funds
regional level
url https://www.labourline.org/KENTIKA-19136582124919547649-Learning-processes-and-economi.htm