The importance of studying inter-regional spillover effects of European policies: application of the RHOMOLO model for Poland

Patrizio Lecca, Simone Salotti and Andrea Conte

No 2020-04, JRC Working Papers on Territorial Modelling and Analysis from Joint Research Centre

Abstract: The European cohesion policy is the EU’s main investment policy and targets all regions and cities across the EU to support job creation, business competitiveness, economic growth, and sustainable development. In the 2014–2020 programming period, one third of the EU budget has been allocated to the projects under this policy. This report contains a macroeconomic impact assessment of the European cohesion policy with a focus on Polish regions. The analysis deals in particular with the spillover effects arising from the policy intervention resulting from indirect trade effects and other inter-regional inter-dependencies and interactions. The analysis shows that the policy has a positive long-run impact, lasting years after the end of the programmes. This reflects the fact that cohesion policy supports investments in key engines of growth improving the structure of the Polish economy.

Keywords: Rhomolo; region; growth; cohesion policy; Poland (search for similar items in EconPapers)
JEL-codes: C68 R13 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2020-06
New Economics Papers: this item is included in nep-eec, nep-geo and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ipt:termod:202004

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