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EU regional convergence in the agricultural sector: Are there synergies between agricultural and regional policies?
Author(s) -
Calegari Elena,
Fabrizi Enrico,
Guastella Gianni,
Timpano Francesco
Publication year - 2021
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.12569
Subject(s) - agriculture , euros , common agricultural policy , regional policy , european union , agricultural policy , gross value added , convergence (economics) , economics , regional science , economic geography , agricultural economics , business , economic policy , geography , economic growth , political science , economy , archaeology , philosophy , humanities , law
Although the European Union's (EU) Common Agricultural Policy was intended as sectoral, its recent reforms lead to a stronger territorial vocation, allowing for possible overlaps with the objectives of the Cohesion Policy, the main regional policy of the EU. Through a threshold regression approach, we explore if the possible interactions between these policies influence the agricultural productive performance in more and less developed regions. Results show that in regions with agricultural Gross Value Added per worker lower than 25.53 thousand Euros, both policies exhibit a negative effect, mitigated if they are implemented together. In more productive regions, the effects are the opposite.