IDEAS home Printed from https://ideas.repec.org/p/ipt/iptwpa/jrc133380.html
   My bibliography  Save this paper

The equity-efficiency trade-off of the European cohesion policy

Author

Abstract

The European cohesion policy aims to strengthen economic, social and territorial cohesion, and to correct imbalances between countries and regions. The existing evidence on the impact of the policy on the regions of the European Union (EU) suggests that it is capable of positively influencing cohesion, triggering convergence at the country level. Little is known about the effects of the policy on within-country regional inequality, which is an important dimension of economic disparities. The results summarised here focus on the impact of cohesion policy investments on regional disparities within countries targeted by the policy. The investments can target either peripheral regions or core regions within each country. The economic impacts in the two types of regions differ substantially in terms of magnitude and spillovers generated. Investing in core regions may maximise country-wide returns, but it could be harmful to within-country regional disparities.

Suggested Citation

  • Tryfonas Christou & Francesca Crucitti & Abian Garcia Rodriguez & Nicholas Lazarou & Simone Salotti, 2023. "The equity-efficiency trade-off of the European cohesion policy," JRC Research Reports JRC133380, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc133380
    as

    Download full text from publisher

    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC133380
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    rhomolo; general equilibrium; economic growth; cohesion policy;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ipt:iptwpa:jrc133380. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Publication Officer (email available below). General contact details of provider: https://edirc.repec.org/data/ipjrces.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.