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Does EU Cohesion Policy affect territorial inequalities and regional development?

Lionel Vedrine () and Julie Le Gallo
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Lionel Vedrine: CESAER - Centre d'Economie et de Sociologie Rurales Appliquées à l'Agriculture et aux Espaces Ruraux - AgroSup Dijon - Institut National Supérieur des Sciences Agronomiques, de l'Alimentation et de l'Environnement - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: We extend the literature on Cohesion Policy effectiveness by considering how the cohesion policy affects both within regional disparities and economic growth. For that purpose, a panel database of 205 NUTS2 regions of the UE-25 for 2000-2014 is used. We estimate panel data regressions with fixed effects and a spatial autoregressive term in order to control for unobservable characteristics and spatial dependence. Our results emphasize a trade-off between within and between regional disparities for EU-25 regions over the 2000-2014 period.

Keywords: Cohesion Policy; Regional Development; Within regional disparities; Spatial Panel Econometrics (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-eur, nep-geo, nep-isf and nep-ure
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Published in EU Cohesion Policy and Spatial Governance : Territorial, Social and Economic Challenges, Edward Elgar Publishing, pp.156-170, 2021, 978 1 83910 357 5. ⟨10.4337/9781839103582.00022⟩

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DOI: 10.4337/9781839103582.00022

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