Research for REGI Committee – Externalities of Cohesion Policy

By: Daraio, Alessandro.

Contributor(s): Naldini, Andrea | Römisch, Roman | Vella, Gessica | Wolleb, Enrico.

Material type: materialTypeLabel

BookSeries: wiiw Research Reports: 437Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2019Description: 133 S., 20 Tables and 21 Figures, 30cm.Subject(s): EU Cohesion Policy | spillovers | macroeconomics | higher education and research | transport | environmentCountries covered: European Unionwiiw Research Areas: Macroeconomic Analysis and Policy | Sectoral studiesClassification: C54 | C67 | C68 | D62 | I20 | O52 | Q50 | R50 Online resources: Click here to access online Summary: The study investigates the effects of Cohesion Policy (CP) which occur in a country other than the one in which CP resources were actually spent. The study estimates that macroeconomic spillovers significantly contribute to the impact of CP. Spillovers directed to EU countries represent around 9% of the total annual CP expenditure. Other spillovers to Non-EU countries are around 8% of the CP expenditure. Macro and micro spillovers together arrive at 21% of the annual CP expenditure, 67% of which is distributed among EU countries. Around 20% of the CP expenditure can trigger sectoral spillover effects in the environment, transport and higher education sectors. The analysis demonstrates that externalities reinforce EU growth and competitiveness without CP deserting its convergence objective.

Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Paper	WIIW Library	5.600/437 (Browse shelf(Opens below))	Available		1000010004787

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The study investigates the effects of Cohesion Policy (CP) which occur in a country other than the one in which CP resources were actually spent. The study estimates that macroeconomic spillovers significantly contribute to the impact of CP. Spillovers directed to EU countries represent around 9% of the total annual CP expenditure. Other spillovers to Non-EU countries are around 8% of the CP expenditure. Macro and micro spillovers together arrive at 21% of the annual CP expenditure, 67% of which is distributed among EU countries. Around 20% of the CP expenditure can trigger sectoral spillover effects in the environment, transport and higher education sectors. The analysis demonstrates that externalities reinforce EU growth and competitiveness without CP deserting its convergence objective.

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