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Effectiveness of EU Regional Policy: Evidence from a Natural Experiment in Finland

REGION

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Title Effectiveness of EU Regional Policy: Evidence from a Natural Experiment in Finland
 
Creator Vehkasalo, Ville
 
Description European Union regional policy is implemented through structural funds, such as the European Regional Development Fund (ERDF), which support investment in peripheral regions of the EU. We studied the effects of EU regional policy on key economic variables using a rare natural experiment setting. In 2007, parts of regions that were previously covered by the ERDF programme for Western Finland were reallocated to the ERDF programme for Northern Finland, with higher support intensity per capita. This area reallocation was caused by the newly adopted EU legislation regulating the classification of regional statistical areas. With a detailed postal code area dataset and a difference-in-differences estimator, we discovered desirable regional policy effects on unemployment and the number of jobs.
 
Publisher ERSA
 
Date 2018-07-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Econometric Analysis
 
Format application/pdf
 
Identifier http://openjournals.wu.ac.at/ojs/index.php/region/article/view/195
10.18335/region.v5i3.195
 
Source REGION; Vol 5 No 3 (2018); 1-19
2409-5370
 
Language eng
 
Relation http://openjournals.wu.ac.at/ojs/index.php/region/article/view/195/249
 
Rights Copyright (c) 2018 Ville Vehkasalo
http://creativecommons.org/licenses/by-nc/4.0