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One or many cohesion policies of the European Union?: on the differential economic impacts of Cohesion Policy across Member States

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  • Crescenzi, Riccardo
  • Giua, Mara
Abstract
To what extent do regions in different member states of the European Union benefit from Cohesion Policy? A spatial regression discontinuity design approach offers distinct but fully comparable estimates of regional impacts for each individual member state. Cohesion Policy has a positive European Union-wide impact on regional growth and employment. However, a large part of the growth bonus is concentrated in Germany, while impacts on employment are confined to the UK. The picture in Southern Europe is less rosy. In Italy, positive impacts on employment do not survive the Great Recession, while in Spain economic growth benefits are limited to the recovery period.

Suggested Citation

  • Crescenzi, Riccardo & Giua, Mara, 2020. "One or many cohesion policies of the European Union?: on the differential economic impacts of Cohesion Policy across Member States," LSE Research Online Documents on Economics 101506, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:101506
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    More about this item

    Keywords

    Cohesion policy; European Union; Regions; Growth; employment;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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