Cohesion project characteristics and regional economic growth in the European Union

Zsolt Darvas, Jan Mazza and Catarina Midões

Corvinus Economics Working Papers (CEWP) from Corvinus University of Budapest

Abstract: We employ a novel methodology for the study of the characteristics of successful European Union cohesion projects. We first estimated ‘unexplained economic growth’ by controlling for the influence of various region-specific factors, and then analysed its relationship with about two dozen cohesion project characteristics. We found that the best-performing regions have on average projects with longer durations, more inter-regional focus, lower national co-financing, more national (as opposed to regional and local) management, higher proportions of private or non-profit participants among the beneficiaries and higher levels of funding from the Cohesion Fund. No clear patterns emerged concerning the sector of intervention.

Keywords: EU cohesion policy; growth determinants; regional convergence; project characteristics (search for similar items in EconPapers)
JEL-codes: C21 O47 R11 (search for similar items in EconPapers)
Date: 2021-04-12
New Economics Papers: this item is included in nep-eur, nep-geo, nep-ppm and nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://unipub.lib.uni-corvinus.hu/6420/ original version (application/pdf)

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:cvh:coecwp:2021/03

Access Statistics for this paper

More papers in Corvinus Economics Working Papers (CEWP) from Corvinus University of Budapest 1093 Budapest, Fõvám tér 8.. Contact information at EDIRC.
Bibliographic data for series maintained by Adam Hoffmann ().