IDEAS home Printed from https://ideas.repec.org/p/sek/iefpro/14115972.html
   My bibliography  Save this paper

Decentralization, Green economics, and Cohesion: A Comprehensive Analysis of European Regional Development

Author

Listed:
  • Stefan Raychev

    (University of Plovdiv Paisii Hilendarski)

  • Yuliyan Mollov

    (University of Plovdiv Paisii Hilendarski)

Abstract

This article presents the cohesion policy in the EU and analyzes the role of decentralization for the sustainable development of the European regions at the NUTS 2 level. It examines the regional policy in the EU member states and its relationship with the decentralization and social progress of the regions. The study also covers sustainable urban development in Europe. Trends and effects of decentralization on economic growth and regional inequalities are discussed. A methodology based on statistical analysis is used to compare the social progress of European regions. A comprehensive approach is applied to reveal relationships and dependencies between indicators of a socio-economic nature within EU NUTS 2 level regions. In this sense, the methodology uses statistical software tools to reveal trends in the structural aspect of regional development and thus draw conclusions and recommendations for policies and measures aimed at increasing the effectiveness of fiscal regionalization. Incorporating principles of green economics into regional policy and decentralization efforts can drive the adoption of sustainable practices, such as renewable energy deployment, eco-friendly infrastructure development, and the promotion of green industries. The integration of green economic strategies within regional governance structures empowers regions to pursue environmentally conscious initiatives, contributing to the overall transition towards a low-carbon and resource-efficient economy.

Suggested Citation

  • Stefan Raychev & Yuliyan Mollov, 0000. "Decentralization, Green economics, and Cohesion: A Comprehensive Analysis of European Regional Development," Proceedings of Economics and Finance Conferences 14115972, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iefpro:14115972
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/international-conference-on-economics-finance-and-business-prague-2023-1/table-of-content/detail?cid=141&iid=016&rid=15972
    File Function: First version, 0000
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Thomas Farole & Andrés Rodríguez‐Pose & Michael Storper, 2011. "Cohesion Policy in the European Union: Growth, Geography, Institutions," Journal of Common Market Studies, Wiley Blackwell, vol. 49(5), pages 1089-1111, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mark D. Partridge & Dan S. Rickman & M. Rose Olfert & Ying Tan, 2015. "When Spatial Equilibrium Fails: Is Place-Based Policy Second Best?," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1303-1325, August.
    2. Andrés Rodríguez-Pose & Neil Lee & Cornelius Lipp, 2021. "Golfing with Trump. Social capital, decline, inequality, and the rise of populism in the US," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 14(3), pages 457-481.
    3. Andrés Rodríguez-Pose, 2012. "Trade and Regional Inequality," Economic Geography, Taylor & Francis Journals, vol. 88(2), pages 109-136, April.
    4. Augusto Cerqua & Guido Pellegrini, 2013. "Beyond the SUTVA: how industrial policy evaluations change when we allow for interaction among firms," ERSA conference papers ersa13p340, European Regional Science Association.
    5. Mieczysław Adamowicz, 2021. "The Potential for Innovative and Smart Rural Development in the Peripheral Regions of Eastern Poland," Agriculture, MDPI, vol. 11(3), pages 1-28, February.
    6. Atella, Vincenzo & Braione, Manuela & Ferrara, Giancarlo & Resce, Giuliano, 2023. "Cohesion Policy Funds and local government autonomy: Evidence from Italian municipalities," Socio-Economic Planning Sciences, Elsevier, vol. 87(PB).
    7. d'Agostino, Giorgio & Scarlato, Margherita, 2016. "Institutions, Innovation and Economic Growth in European Countries," MPRA Paper 72427, University Library of Munich, Germany.
    8. Annalisa Caloffi & Marco Mariani, 2018. "Regional policy mixes for enterprise and innovation: A fuzzy-set clustering approach," Environment and Planning C, , vol. 36(1), pages 28-46, February.
    9. Andres RODRIGUEZ-POSE & Marco DI CATALDO & Alessandro RAINOLDI, 2014. "The Role of Government Institutions for Smart Specialisation and Regional Development," JRC Research Reports JRC88935, Joint Research Centre.
    10. Davide Fiaschi & Andrea Mario Lavezzi & Angela Parenti, 2018. "Does EU cohesion policy work? Theory and evidence," Journal of Regional Science, Wiley Blackwell, vol. 58(2), pages 386-423, March.
    11. Fabrizio Barca & Philip McCann & Andrés Rodríguez‐Pose, 2012. "The Case For Regional Development Intervention: Place‐Based Versus Place‐Neutral Approaches," Journal of Regional Science, Wiley Blackwell, vol. 52(1), pages 134-152, February.
    12. Marco Di Cataldo & Vassilis Monastiriotis, 2020. "Regional needs, regional targeting and regional growth: an assessment of EU Cohesion Policy in UK regions," Regional Studies, Taylor & Francis Journals, vol. 54(1), pages 35-47, January.
    13. Matthias Flückiger & Markus Ludwig, 2015. "Chinese export competition, declining exports and adjustments at the industry and regional level in Europe," Canadian Journal of Economics, Canadian Economics Association, vol. 48(3), pages 1120-1151, August.
    14. Grashof, Nils, 2020. "Putting the watering can away Towards a targeted (problem-oriented) cluster policy framework," Papers in Innovation Studies 2020/4, Lund University, CIRCLE - Centre for Innovation Research.
    15. repec:ath:journl:tome:30:v:2:y:2013:i:30:p:285-295 is not listed on IDEAS
    16. Andrés Rodríguez‐Pose, 2020. "Institutions and the fortunes of territories," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(3), pages 371-386, June.
    17. Ștefan Virgil IACOB, 2020. "Study on the evolution of tourism and perspectives," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(623), S), pages 79-94, Summer.
    18. Vratislav Havlík, 2020. "Europeanization as the Reterritorialization of the State: Towards Conceptual Clarification," Journal of Common Market Studies, Wiley Blackwell, vol. 58(5), pages 1288-1306, September.
    19. Ganau, Roberto & Grandinetti, Roberto, 2021. "Disentangling regional innovation capability: what really matters?," LSE Research Online Documents on Economics 114921, London School of Economics and Political Science, LSE Library.
    20. Constantin ANGHELACHE & Madalina-Gabriela ANGHEL & Andreea–Ioana MARINESCU & Maria MIREA, 2017. "Analysis Of The European Union S Science And Technology Strategy," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(9), pages 17-30, September.
    21. Rodríguez-Pose, Andrés & Di Cataldo, Marco & Monastiriotis, Vassilis, 2020. "How ‘smart’ are Smart Specialisation strategies?," CEPR Discussion Papers 15442, C.E.P.R. Discussion Papers.

    More about this item

    Keywords

    Green transition; Region development; Social-progress index of regions; Decentralization; Cohesion; Sustainable development;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iefpro:14115972. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.