Inhalt der Seite
Externalities of Cohesion Policy
Client/Funding Institution
European Parliament
Abstract
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.
Duration
January 2018 - October 2018
wiiw team Leader
wiiw Staff
Mario Holzner, Leon Podkaminer
Project Partners
Ismeri Europa S.r.l.
External Publications
Externalities of Cohesion Policy
Keywords: Cohesion Policy, European Parliament, spillovers, expenditure, externalities, growth, EU
Countries covered: Austria, Bulgaria, Cyprus, Czechia, Estonia, France, Germany, Great Britain, Greece, Hungary, Italy, Latvia, Lithuania, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain
Research Areas: Regional Development