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The Territorial Redistributive Power of the EU Budget: Empirical Evidence at National and Regional Level

In: Regional Convergence in the European Union

Author

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  • Marta Espasa

    (University of Barcelona and Barcelona Institute of Economics (IEB))

Abstract

During this last decade one of the more actual and debated subjects has been the redistributive capacity on a territorial-wide scale of the European Union budget. Among the numerous arguments in favour of active intervention the following stand out: its power to mitigate horizontal equity problems due to the intervention of the national governments (Davezies et al, 1996); its capacity to reduce the income territorial disparities that exist or the disparities derived from the integration process (Padoa-Schioppa, 1987; Checchini, 1988; Emerson et al.,1992); its ability to guarantee the existence of the European Union itself (Cremer and Pestieau, 1996); and its power to mitigate the negative effects originated by possible asymmetric shocks that can be generated in the European Monetary Union (Sala-i-Martín and Sachs, 1992; Krugman, 1993; Goodhard and Smith, 1933).

Suggested Citation

  • Marta Espasa, 2002. "The Territorial Redistributive Power of the EU Budget: Empirical Evidence at National and Regional Level," Advances in Spatial Science, in: Juan R. Cuadrado-Roura & Martí Parellada (ed.), Regional Convergence in the European Union, chapter 6, pages 121-145, Springer.
    • Handle: RePEc:spr:adspcp:978-3-662-04788-0_6
    DOI: 10.1007/978-3-662-04788-0_6
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    Cited by:

    1. Krieger-Boden, Christiane, 2002. "European integration and the case for compensatory regional policy," Kiel Working Papers 1135, Kiel Institute for the World Economy (IfW Kiel).

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