European Cohesion Policy and Regional Performance
(2024) NEKP01 20241Department of Economics
- Abstract (Swedish)
- This thesis examines the impact of the European Cohesion Policy on regional economic performance during the funding periods of 2007-2013 and 2014-2020, using a Regression Discontinuity Design (RDD) and spatial econometric techniques. The analysis leverages the eligibility rule, which grants additional funding to regions with a GDP per capita below 75\% of the EU average, creating a natural experiment to assess the policy's effectiveness. The findings reveal that the Cohesion Policy's impact varied between the two periods. Specifically, the 2014-2020 period demonstrated a positive effect on regions barely meeting the funding threshold, while the 2007-2013 period showed no significant effects. Moreover, although the spatial analysis revealed... (More)
- This thesis examines the impact of the European Cohesion Policy on regional economic performance during the funding periods of 2007-2013 and 2014-2020, using a Regression Discontinuity Design (RDD) and spatial econometric techniques. The analysis leverages the eligibility rule, which grants additional funding to regions with a GDP per capita below 75\% of the EU average, creating a natural experiment to assess the policy's effectiveness. The findings reveal that the Cohesion Policy's impact varied between the two periods. Specifically, the 2014-2020 period demonstrated a positive effect on regions barely meeting the funding threshold, while the 2007-2013 period showed no significant effects. Moreover, although the spatial analysis revealed significant interdependence among regions, there was no conclusive evidence of indirect effects of the policy. However, the positive impacts observed during the 2014-2020 period remained robust even when accounting for spatial spillovers. The relative success in 2014-2020 may suggest that the shift towards a more place-based policy approach was more effective than the narrower focus on convergence in the earlier period, or it may highlight the policy's limitations during economic crises. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9163051
- author
- Malmström Arfwedson, Samuel LU
- supervisor
- organization
- course
- NEKP01 20241
- year
- 2024
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- European Union, Regression Discontinuity, Regional Policy, Spatial Econometrics, Cohesion Policy
- language
- English
- id
- 9163051
- date added to LUP
- 2024-10-01 13:19:29
- date last changed
- 2024-10-01 13:19:29
@misc{9163051,
abstract = {{This thesis examines the impact of the European Cohesion Policy on regional economic performance during the funding periods of 2007-2013 and 2014-2020, using a Regression Discontinuity Design (RDD) and spatial econometric techniques. The analysis leverages the eligibility rule, which grants additional funding to regions with a GDP per capita below 75\% of the EU average, creating a natural experiment to assess the policy's effectiveness. The findings reveal that the Cohesion Policy's impact varied between the two periods. Specifically, the 2014-2020 period demonstrated a positive effect on regions barely meeting the funding threshold, while the 2007-2013 period showed no significant effects. Moreover, although the spatial analysis revealed significant interdependence among regions, there was no conclusive evidence of indirect effects of the policy. However, the positive impacts observed during the 2014-2020 period remained robust even when accounting for spatial spillovers. The relative success in 2014-2020 may suggest that the shift towards a more place-based policy approach was more effective than the narrower focus on convergence in the earlier period, or it may highlight the policy's limitations during economic crises.}},
author = {{Malmström Arfwedson, Samuel}},
language = {{eng}},
note = {{Student Paper}},
title = {{European Cohesion Policy and Regional Performance}},
year = {{2024}},
}