The achievements of cohesion policy: long-period evidence on the factors conditioning success and failure from 15 selected regions
Crescenzi, Riccardo
; Fratesi, Ugo; and Monastiriotis, Vassilis
(2016)
The achievements of cohesion policy: long-period evidence on the factors conditioning success and failure from 15 selected regions
In:
Learning from Implementation and Evaluation of the EU Cohesion Policy: Lessons from a Research-policy Dialogue.
RSA Research Network on Cohesion Policy, Brussels, Belgium, pp. 109-125.
ISBN 9782960187908
; Fratesi, Ugo; and Monastiriotis, Vassilis
(2016)
The achievements of cohesion policy: long-period evidence on the factors conditioning success and failure from 15 selected regions
In:
Learning from Implementation and Evaluation of the EU Cohesion Policy: Lessons from a Research-policy Dialogue.
RSA Research Network on Cohesion Policy, Brussels, Belgium, pp. 109-125.
ISBN 9782960187908
This paper exploits a unique dataset on regional interventions in 15 beneficiary regions of the European Regional Development Fund over four programming periods (1989-2013) to examine empirically the processes and conditioning factors underpinning success and failure of such interventions over time and across space. Our core results suggest an elevated role for two key policy-design factors in maximising the achievements of Cohesion Policy: planning consistency (confluence between planned and realised expenditures), and alignment between regional needs and programme objectives. Although derived from a ‘selected’ sample, we claim that the obtained results may generalise well beyond the 15 regions studied here.
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