The impact of the EU Cohesion Policy has mainly been evaluated by analysing its growth effects. However, this perspective neglects that the EU support might affect other policy fields as well. There are at least two reasons why the impact on public investment should be of special interest. First...

The impact of EU Cohesion Policy has mainly been evaluated with regard to its growth effects. We extend the perspective by investigating the impact of EU Cohesion Policy on public investments and budget deficits in order to learn more about the channels through which this policy field works....

The additionality principle of the European cohesion policy was verified ex-ante by the European Commission and was eliminated starting from the 2021-27 programming period. However, the cohesion treatment may have ex-post reduced, in some cases, national spending and the decision to eliminate...