The impact of European regional cohesion policy on NUTS 3 disparities

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https://doi.org/10.1007/s00168-024-01291-0

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2024

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Springer Nature
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https://hdl.handle.net/20.500.14352/134061

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López-Villuendas, A. M., & del Campo, C. (2024). The impact of European regional cohesion policy on NUTS 3 disparities. The Annals of Regional Science, 73(3), 1297-1319.

Abstract

The impact of the European Union’s Cohesion Policy is still controversial. Now more than ever, there is a particular demand for the Regional Cohesion Policy to be impactful and effective. In this context, the paper aims to determine the effect of the regional Cohesion Policy on the NUTS 3 economic disparities. Although the regions eligible to receive Structural Funds, the main financial instrument of the Regional Cohesion Policy, are defined at NUTS 2 level, some local effects that remain hidden at this level and affect disparities might be revealed by performing the analysis at a finer level of disaggregation, the NUTS 3 level. Our results show that the impact of Structural Funds on regional disparities is not as expected, as eligible regions experience a larger increase in disparities than non-eligible ones.

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Unión Europea (Unión Europea), Economía regional, Fondos estructurales, Política europea de desarrollo, Integración económica

Unesco subjects

1209.03 Análisis de Datos, 1209.15 Series Temporales, 6307.06 Desarrollo socioeconómico, 5309.02 Integración Económica, 5310.91 Economía Internacional: Área Europea, 5307.04 Estudios del desarrollo Económico

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