The achievements of cohesion policy: long-period evidence on the factors conditioning success and failure from 15 selected regions
Crescenzi, R.
, Fratesi, U. & Monastiriotis, V.
(2016).
The achievements of cohesion policy: long-period evidence on the factors conditioning success and failure from 15 selected regions.
In
Dotti, N. F.
(Ed.),
Learning from Implementation and Evaluation of the EU Cohesion Policy: Lessons from a Research-policy Dialogue
(pp. 109-125).
RSA Research Network on Cohesion Policy.
, Fratesi, U. & Monastiriotis, V.
(2016).
The achievements of cohesion policy: long-period evidence on the factors conditioning success and failure from 15 selected regions.
In
Dotti, N. F.
(Ed.),
Learning from Implementation and Evaluation of the EU Cohesion Policy: Lessons from a Research-policy Dialogue
(pp. 109-125).
RSA Research Network on Cohesion Policy.
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.
