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Regional Disparities and Financing of Regional Policy - Some Lessons from the Czech Republic

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Author Info

  • Oldřich Hájek
  • Jiří Novosák
  • Petr Zahradník
  • Pavel Bednář
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    Abstract

    This paper deals with the relationship between regional disparities and financing of regional policy. The Czech Republic and the Convergence goal of cohesion policy were chosen as a case study. Four themes are discussed in this regard. First, the spatial distribution of funds is analyzed with respect to the disparity goal of regional policy. Second, the coherence of regional policy on different regional levels is evaluated. Third, the differences in evaluations based on the seat of applicants on one hand and place of realization on the other are discussed. Finally, some thematic issues are considered. Our findings point at some ambivalent conclusions with respect to both, the disparity goal and the coherence of regional policy on different regional levels. In addition, the differences in the both forms of evaluations are emphasized.

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    Bibliographic Info

    Article provided by University of Economics, Prague in its journal Politická ekonomie.

    Volume (Year): 2012 (2012)
    Issue (Month): 3 ()
    Pages: 330-348

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    Handle: RePEc:prg:jnlpol:v:2012:y:2012:i:3:id:845:p:330-348

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    Related research

    Keywords: regional policy; regional disparities; regional development; European Union; Czech Republic; cohesion policy;

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    References

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    1. Dupont, Vincent & Martin, Philippe, 2003. "Subsidies to Poor Regions and Inequalities: Some Unpleasant Arithmetic," CEPR Discussion Papers 4107, C.E.P.R. Discussion Papers.
    2. Bronzini, Raffaello & Piselli, Paolo, 2009. "Determinants of long-run regional productivity with geographical spillovers: The role of R&D, human capital and public infrastructure," Regional Science and Urban Economics, Elsevier, vol. 39(2), pages 187-199, March.
    3. Sandy Dall'erba & Julie Le Gallo, 2003. "Regional Convergence And The Impact Of European Structural Funds Over 1989-1999: A Spatial Econometric Analysis," Urban/Regional 0310005, EconWPA, revised 12 Feb 2004.
    4. Puga, Diego, 2001. "European Regional Policies in Light of Recent Location Theories," CEPR Discussion Papers 2767, C.E.P.R. Discussion Papers.
    5. Paul Romer, 1991. "Endogenous Technological Change," NBER Working Papers 3210, National Bureau of Economic Research, Inc.
    6. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-99, June.
    7. Ugo FRATESI, 2005. "Regional Policy from a Supra-Regional Perspective," Working Papers 245, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    8. Roberto Esposti & Stefania Bussoletti, 2008. "Impact of Objective 1 Funds on Regional Growth Convergence in the European Union: A Panel-data Approach," Regional Studies, Taylor & Francis Journals, vol. 42(2), pages 159-173.
    9. Beugelsdijk, S. & Eijffinger, S.C.W., 2005. "The effectiveness of structural policy in the European Union: An empirical analysis for the EU-15 in 1995-2001," Open Access publications from Tilburg University urn:nbn:nl:ui:12-142546, Tilburg University.
    10. Michele Boldrin & Fabio Canova, 2001. "Inequality and convergence in Europe's regions: reconsidering European regional policies," Economic Policy, CEPR & CES & MSH, vol. 16(32), pages 205-253, 04.
    11. Joeri Gorter & S. Ederveen, 2002. "Does European cohesion policy reduce regional disparities? An empirical analysis," CPB Discussion Paper 15, CPB Netherlands Bureau for Economic Policy Analysis.
    12. Riccardo Crescenzi, 2007. "Undermining the Principle of Concentration? Eu development policies and the Socio-Economic Disadvantage Of European Regions," Departmental Working Papers of Economics - University 'Roma Tre' 0073, Department of Economics - University Roma Tre.
    13. Stephen FOTHER Gill, 2005. "A new regional policy for Britain," Regional Studies, Taylor & Francis Journals, vol. 39(5), pages 659-667.
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