The Impact of EU Regional Support on Growth and Convergence in the European Union

24 Pages Posted: 31 Oct 2003

See all articles by Aadne Cappelen

Aadne Cappelen

Statistics Norway

Fulvio Castellacci

University of Oslo - TIK-senteret

Jan Fagerberg

University of Oslo - TIK - Senteret

Bart Verspagen

Eindhoven University of Technology (TUE)

Abstract

The evidence presented in this article suggests that EU regional support has a significant and positive impact on the growth performance of European regions. Moreover, there are signs of a change in the impact of this support in the 1990s, indicating that the major reform of the structural funds undertaken in 1988 may have succeeded in making EU regional policy more effective. However, the results also indicate that the economic effects of such support are much stronger in more developed environments, emphasizing the importance of accompanying policies that improve the competence of the receiving environments.

Suggested Citation

Cappelen, Aadne and Castellacci, Fulvio and Fagerberg, Jan and Verspagen, Bart, The Impact of EU Regional Support on Growth and Convergence in the European Union. Available at SSRN: https://ssrn.com/abstract=437279

Aadne Cappelen

Statistics Norway

N-0033 Oslo
Norway

Fulvio Castellacci (Contact Author)

University of Oslo - TIK-senteret ( email )

Forskningsparken, Plan 5
Gaustadalléen 21
0349 OSLO
Norway
22840601 (Fax)

Jan Fagerberg

University of Oslo - TIK - Senteret ( email )

Forskningsparken, Plan 5
Gaustadalléen 21
0349 OSLO
Norway
22858961 (Phone)
22858984 (Fax)

Bart Verspagen

Eindhoven University of Technology (TUE) ( email )

PO Box 513
Eindhoven, 5600 MB
Netherlands

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