The Cohesion spirit and EU policies: A scenario analysis

Nicholas Lazarou, Javier Barbero, Andrea Conte, Francesca Crucitti and Simone Salotti

No JRC126769, JRC Research Reports from Joint Research Centre

Abstract: The Committee of the Regions (CoR) recently deliberated on the costs of enhancing cohesion across the European Union (EU) through the various EU policies. This Insight presents JRC scientific evidence on the impact and feasibility of enhancing cohesion based on two quantitative scenarios focusing on investments in firms and training. The results show that substantial amounts of funding in less developed regions would be needed in order to meet ambitious cohesion targets. This may be mitigated through initial investments to improve institutional quality and developing a culture of entrepreneurship and innovation. Subsequently lower levels of investment may indeed propagate cohesion to get closer to the desired targets.

Keywords: rhomolo; region; growth; cohesion policy; general equilibrium (search for similar items in EconPapers)
JEL-codes: C68 R13 (search for similar items in EconPapers)
Pages: 2 pages
Date: 2021-10
New Economics Papers: this item is included in nep-ore and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc126769

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