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Assessing the impacts of Cohesion Policy on EU regions: A non‐parametric analysis on interventions promoting research and innovation and transport accessibility
Author(s) -
Ferrara Antonella Rita,
McCann Philip,
Pellegrini Guido,
Stelder Dirk,
Terribile Flavia
Publication year - 2017
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/pirs.12234
Subject(s) - cohesion (chemistry) , psychological intervention , regression discontinuity design , economics , econometrics , public economics , parametric statistics , regional science , macroeconomics , psychology , geography , mathematics , statistics , chemistry , organic chemistry , psychiatry
Traditionally, the effectiveness of European Cohesion Policy has been evaluated in terms of GDP growth rate. In this paper, we consider the effect of the regional policy in terms of its impacts on two specific fields of intervention, namely ‘research, technological development and innovation’, and ‘transport infrastructure’. Our econometric approach involves the use of a non‐parametric regression discontinuity design technique to a uniquely‐disaggregated Cohesion Policy dataset broken down according to the specific objectives of each stream of funding. The analysis considers different time intervals and sub‐samples. Our results demonstrate a positive impact of Cohesion Policy interventions in these two specific fields of intervention.