Determinants of intra-distribution dynamics in European regions: An empirical assessment of the role of structural intervention
Enrico Fabrizi (),
Gianni Guastella (),
Stefano Marta () and
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Enrico Fabrizi: DISCE, Università Cattolica
No dises1401, DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali from Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE)
This paper looks at the dynamic of income distribution in European regions and attempts to relate movements within the distribution to the regional structural characteristics and the support of Cohesion Policy (CP). Empirical evidence highlights two main features of regional development. A generally lagging periphery with high growth rates on the one hand and a set of leading regions facing the challenge of global competitiveness on the other. There is evidence that CP support advanced economic development in lagging and peripheral regions, hence contributing to the “convergence objective”. Nonetheless, effective catch-up remains circumscribed to certain very few regions. Contrarily, CP support has failed to stimulate growth potential in leading regions, failing to strengthen EU competitiveness. Evidence presented in this paper provides useful insights for the current debate about the reshaping of EU cohesion policy toward a more place-based approach.
Keywords: Regional development; European Unione; distribution dynamics; multinomial logisticregression; cohesion policy; place-based territorial policies. (search for similar items in EconPapers)
JEL-codes: Q47 R11 (search for similar items in EconPapers)
Pages: 29 pages
New Economics Papers: this item is included in nep-eec and nep-geo
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http://dipartimenti.unicatt.it/dises-wp_rossa_14_101.pdf First version, 2014 (application/pdf)
Journal Article: Determinants of Intra-Distribution Dynamics in European Regions: An Empirical Assessment of the Role of Structural Intervention (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ctc:serie2:dises1401
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