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Evaluating the impact of European Union Cohesion policy in less-developed countries and regions

Listed author(s):
  • John Bradley

Bradley J. (2006) Evaluating the impact of European Union Cohesion policy in less-developed countries and regions, Regional Studies 40, 189-199. The expansion of Structural Funds since the late 1980s presented European Commission and domestic policy-makers with design and impact evaluation challenges. Such policies moved beyond demand-side stimulation, and were aimed at the promotion of real convergence, mainly through productivity-enhancing, supply-side mechanisms. Research suggests that the 'macro-models' are potentially capable of extracting the pure Structural Funds policy impacts from the background of all the other domestic and external shocks that affect the economy at the same time. However, such results only provide imprecise, ballpark impact estimates, and the challenge remains of reconciling bottom-up microanalysis with top-down macroanalysis. Macro-evaluation Macro-economic models HERMIN models Ex-ante impacts Bradley J. (2006) Evaluer l'impact de la politique de cohesion de l'UE dans les pays et les regions en voie de developpement, Regional Studies 40, 189-199. Le developpement des Fonds structurels depuis la fin des annees 1980 a represente un challenge a la Commission europeenne et aux decideurs nationaux quant a la conception et a l'impact d'evaluation. De telles politiques vont au-dela des incitations par la demande, visant plutot la promotion de la convergence reelle, largement a partir des mecanismes qui ameliorent la productivite par l'offre. La recherche laisse supposer qu'en principe les modeles macro-economiques sont susceptible de degager les impacts purs de la politique des Fonds structurels dans un contexte de chocs interieurs et externes qui pourraient conjointement toucher l'economie. Cependant, de tels resultats ne fournissent que des estimations d'impact imprecises approximatives, et il reste a concilier l'analyse micro-economique ascendante avec l'anayse macro-economique descendante. Macro-evaluation Modeles macro-economiques Modeles HERMIN Impacts ex-ante Bradley J. (2006) Evaluierung der Auswirkung der Kohasionspolitik der EU in weniger entwickelten Landern und Regionen, Regional Studies 40, 189-199. Die Ausweitung des Strukturfonds seit den spaten achtziger Jahren stellte Policy-maker der europaischen Kommission und der einzelnen Mitgliedstaaten vor Probleme bezuglich der konzeption und Auswirkung von Evaluierung. Policies dieser Art gingen uber Ankurbelung der Nachfrageseite hinaus, da sie auf Forderung echter Konvergenz abzielen, hauptsachlich durch Produktivitat erhohende Mechanismen der Angebotseite. Untersuchungen legen nahe, dass die “Makromodelle” potentiell in der Lage sind, die reinen Auswirkungen der Strukturfondspolitik vom Hintergrund aller anderen internen und externen Schocks zu isolieren, welche die Wirtschaft gleichzeitig beeinflussen. Derartige Ergebnisse vermitteln jedoch nur ungenaue Gesamtauswirkungsberechnungen, wahrend die Forderung bestehen bleibt, bottom-up Mikroanalyse und top-down Makroanalyse abzustimmen. Makroevaluierung Makrookonomische Modelle HERMIN Modelle Ex-ante Auswirkungen Bradley J. (2006) La evaluacion del impacto de la politica de cohesion de la UE en las regiones y los paises menos desarrollados, Regional Studies 40, 189-199. Con la expansion de los Fondos Estructurales desde finales de los ochenta, la Comision Europea y los politicos tuvieron ante si el reto de las evaluaciones de dise-super-˜no e impacto. Estas politicas constituyen algo mas que un estimulo de la demanda porque estan destinadas a fomentar la convergencia real, principalmente por el lado de la oferta para mejorar la productividad. Los estudios realizados indican que los 'modelos macro' son capaces de extraer los efectos puros de la politica de los Fondos Estructurales a partir del contexto de los otros choques nacionales y externos que a la vez afectan a la economia. Sin embargo, tales resultados solo aportan datos imprecisos y calculos aproximados y el reto sigue siendo reconciliar los analisis micro de abajo arriba con los analisis macro de arriba abajo. Evaluacion macro Modelos macroeconomicos Modelos HERMIN Impactos ex-ante

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Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 40 (2006)
Issue (Month): 2 ()
Pages: 189-200

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Handle: RePEc:taf:regstd:v:40:y:2006:i:2:p:189-200
DOI: 10.1080/00343400600600512
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