The short-run displacement of EU cohesion funds in Italy: Has reprogramming a positive impact on regional growth?

Fabio Mazzola and Debora Gambina

Journal of Policy Modeling, 2025, vol. 47, issue 1, 1-29

Abstract: The European cohesion policy aims at fostering long-run growth. This paper, for the first time, empirically evaluates the impacts of Structural Funds re-programming on regional growth, for the Italian case during 2007–20 period. The re-programming was due to the redirection of allocated amounts facing urgent needs related to the Great Recession, Covid-19 and natural disasters. We estimate impulse response functions through Jordà local projections. We find a robust negative effect of re-programming on regional growth starting three years after the planned shock and sectoral heterogeneity. Our empirical results discourage the Funds’ redirection towards a different use from original goals.

Keywords: Cohesion policy; ERDF re-programming; Regional growth; Impulse response functions (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0161893824001376
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:47:y:2025:i:1:p:1-29

DOI: 10.1016/j.jpolmod.2024.09.003

Access Statistics for this article

Journal of Policy Modeling is currently edited by A. M. Costa

More articles in Journal of Policy Modeling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().