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The response of regional well-being to place-based policy interventions

Antonella Ferrara, Lewis Dijkstra, Philip McCann and Rosanna Nisticó

Regional Science and Urban Economics, 2022, vol. 97, issue C

Abstract: Enhancing the well-being of its citizens is the central remit of the EU's regional policy, but as yet, there is no analysis of the effects of EU regional policy on local well-being. The aim of this paper is to examine this relationship. To do this, we define a novel regionalised well-being measure and we exploit a dataset on regional expenditure in a continuous treatment framework. Based on both parametric and semi-parametric approaches, our analysis demonstrates that the EU regional development policy does influence regional well-being differently from GDP. We find evidence of a linear monotonic response of well-being growth to total transfers, although this effect varies according to the time lag considered and the level of development of the region.

Keywords: Well-being; Regional policy; Dose-response function; Generalised propensity score (search for similar items in EconPapers)
JEL-codes: C31 C33 H50 I31 R11 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1016/j.regsciurbeco.2022.103830

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