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The convergence process of the European regions: the role of Regional Policy and the Common Agricultural Policy AgEcon
Montresor, Elisa; Pecci, Francesco; Pontarollo, Nicola.
The study investigates the convergence of labour productivity in 204 NUTS2 regions of the EU-15 between 1995 and 2006. The main objective of our work was to assess whether and to what extent European Union (EU) policies (Regional Policy and Common Agricultural Policy) have been effective in promoting economic growth and fostering the process of convergence of EU regions. These policies can have an asymmetric spatial impact, even if some concrete steps have been taken to avoid an excessive concentration of costs or benefits. To verify the effects of EU policies we compare different scenarios: with/without EU policies. Under a methodological profile, we adopt the Solovian model proposed by Mankiw et al. (1992). For the estimates we used an econometric...
Tipo: Article Palavras-chave: Regional growth; Structural Funds; CAP subsidies; Productivity convergence; Spatial filters; Agricultural and Food Policy; Community/Rural/Urban Development.
Ano: 2011 URL: http://purl.umn.edu/119653
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