The impact of the 2014–2020 European Structural Funds on territorial cohesion
We assess the macroeconomic impact of the European Union Cohesion Policy investments deployed during the 2014–20 programming period, with a particular focus on territorial cohesion and regional disparities. We use a spatial dynamic general equilibrium (RHOMOLO) to quantify the direct and indirect effects of the policy investments in the NUTS-2 regions of the European Union within a 20-year time frame. The results suggest that the impact of the policy is sizeable, especially in the less developed regions of the European Union. Accordingly, socio-economic disparities at the regional level are shown to decrease thanks to the policy intervention.
CRUCITTI Francesca;
LAZAROU Nicholas;
MONFORT Philippe;
SALOTTI Simone;
2024-09-17
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
JRC128917
1360-0591 (online),
https://www.tandfonline.com/doi/full/10.1080/00343404.2023.2243989,
https://publications.jrc.ec.europa.eu/repository/handle/JRC128917,
10.1080/00343404.2023.2243989 (online),
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