This paper asks whether we can, from an economic point of view, justify the EU Cohesion Policy. To this end, our research - using structural equation modelling, macro-economic modelling and regional inputoutput analysis - found a) positive dynamic effects of Cohesion Policy on regional growth,...

This paper develops a simple method to consistently break down world input-output tables to regional input-output tables. They are used to estimate Cohesion Policy-induced demand spillovers in the EU, covering the years 2007-2018. Results indicate that Cohesion spillovers from less developed...

The focus of the study is the economic challenges of lagging regions in the EU-28. In this respect, regions - in general - are defined according to the NUTS2 level of regions. As far as lagging regions are concerned, there are two specific types: Low growth regions, i.e. those NUTS2 regions that...