How can we know if EU cohesion policy is successful? Integrating micro and macro approaches to the evaluation of Structural Funds

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How can we know if EU cohesion policy is successful? Integrating micro and macro approaches to the evaluation of Structural Funds

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John Bradley () (EMDS - Economic Modelling and Development Strategies)
Timo Mitze () (GEFRA - Gesellschaft fuer Finanz- und Regionalanalysen)
Edgar Morgenroth () (ESRI - The Economic and Social Research Institute)
Gerhard Untiedt () (GEFRA - Gesellschaft fuer Finanz- und Regionalanalysen)

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Abstract

In this paper we describe an integrated approach for assessing the general economic effectiveness, efficiency and impact of public policy actions for large investment programs of the kind implemented over the past fifteen years in EU-aided Structural Fund programmes. Far from being rigid, our modelling philosophy includes both formal tools designed to assess all relevant effects, as well as informal (intuitive) elements to allow for flexible policy design and evaluation. When setting up an integrated micro-macro (IMM) model we are trying to over-come two major shortcomings in actual policy design and analysis: Firstly, to bridge the gap between the scientific requirements of model-based decision making and evaluation and the practical requirement for flexible and easy to use decision support tools that are well suited for day-to-day application. Secondly, to address the observed discrepancy in policy analysis between programme monitoring and evaluation realized at a highly aggregate level using quantitative macromodels (the so called “top down” approach) and the highly disaggregated approach to project evaluation, marked as micro- or “bottom up”-approaches.

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Paper provided by GEFRA - Gesellschaft fuer Finanz- und Regionalanalysen in its series Working Papers with number 1-2006.

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Length: 91 pages
Date of creation: Mar 2006
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Handle: RePEc:gef:wpaper:1-2006

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Francesca Medda & Peter Nijkamp, 1999. "A Combinatorial Assessment Methodology for Complex Policy Analysis," Tinbergen Institute Discussion Papers 99-040/3, Tinbergen Institute. [Downloadable!]
Nijkamp, Peter, 1999. "Advances in comparative assessment research in the space-economy," Serie Research Memoranda 0005, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
Tinbergen, Jan, 1995. "The Duration of Development," Journal of Evolutionary Economics, Springer, vol. 5(3), pages 333-39, September.

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