Effectiveness of EU regional policy: Evidence from a natural experiment in Finland
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...
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ftzbwkiel:oai:econstor.eu:10419/235792 2023-12-31T10:21:11+01:00 Effectiveness of EU regional policy: Evidence from a natural experiment in Finland Vehkasalo, Ville 2018 http://hdl.handle.net/10419/235792 https://doi.org/10.18335/region.v5i3.195 eng eng Louvain-la-Neuve: European Regional Science Association (ERSA) gbv-ppn:168362081X Journal: REGION ISSN: 2409-5370 Volume: 5 Year: 2018 Issue: 3 Pages: 1-19 Louvain-la-Neuve: European Regional Science Association (ERSA) doi:10.18335/region.v5i3.195 http://hdl.handle.net/10419/235792 https://creativecommons.org/licenses/by-nc/4.0 ddc:330 Microeconometrics Policy analysis Regional policy doc-type:article 2018 ftzbwkiel https://doi.org/10.18335/region.v5i3.195 2023-12-04T00:44:19Z 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. Article in Journal/Newspaper Northern Finland EconStor (German National Library of Economics, ZBW) REGION 5 3 1 19 |
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EconStor (German National Library of Economics, ZBW) |
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English |
topic |
ddc:330 Microeconometrics Policy analysis Regional policy |
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ddc:330 Microeconometrics Policy analysis Regional policy Vehkasalo, Ville Effectiveness of EU regional policy: Evidence from a natural experiment in Finland |
topic_facet |
ddc:330 Microeconometrics Policy analysis Regional policy |
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. |
format |
Article in Journal/Newspaper |
author |
Vehkasalo, Ville |
author_facet |
Vehkasalo, Ville |
author_sort |
Vehkasalo, Ville |
title |
Effectiveness of EU regional policy: Evidence from a natural experiment in Finland |
title_short |
Effectiveness of EU regional policy: Evidence from a natural experiment in Finland |
title_full |
Effectiveness of EU regional policy: Evidence from a natural experiment in Finland |
title_fullStr |
Effectiveness of EU regional policy: Evidence from a natural experiment in Finland |
title_full_unstemmed |
Effectiveness of EU regional policy: Evidence from a natural experiment in Finland |
title_sort |
effectiveness of eu regional policy: evidence from a natural experiment in finland |
publisher |
Louvain-la-Neuve: European Regional Science Association (ERSA) |
publishDate |
2018 |
url |
http://hdl.handle.net/10419/235792 https://doi.org/10.18335/region.v5i3.195 |
genre |
Northern Finland |
genre_facet |
Northern Finland |
op_relation |
gbv-ppn:168362081X Journal: REGION ISSN: 2409-5370 Volume: 5 Year: 2018 Issue: 3 Pages: 1-19 Louvain-la-Neuve: European Regional Science Association (ERSA) doi:10.18335/region.v5i3.195 http://hdl.handle.net/10419/235792 |
op_rights |
https://creativecommons.org/licenses/by-nc/4.0 |
op_doi |
https://doi.org/10.18335/region.v5i3.195 |
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REGION |
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5 |
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3 |
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1 |
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19 |
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1786831872042467328 |