Arbeitspapier
Estimating demand spillovers of EU Cohesion Policy using European regional input-output tables
This paper develops a simple method to consistently break down world input-output tables to regional input-output tables. They are used to estimate Cohesion Policy-induced demand spillovers in the EU, covering the years 2007-2018. Results indicate that Cohesion spillovers from less developed regions to other regions exceed 40% of their initial EU support in some cases. In addition, spillovers from the more developed regions are equivalent to 24% of their initial EU support. This shows that the existing trade and investment linkages across the EU regions are strong and not only run from less developed to more developed regions but also vice versa. Our results are good news for the net paying regions in the EU. Taking into account capacity growth effects, Cohesion Policy spillovers might well be a multiple of the pure demand spillovers estimated in this paper. Thus, for net paying regions, Cohesion Policy is not only an act of European solidarity but also a rational long-run economic growth policy.
- Sprache
-
Englisch
- Erschienen in
-
Series: wiiw Working Paper ; No. 184
- Klassifikation
-
Wirtschaft
Input-Output Models
General Equilibrium and Disequilibrium: Input-Output Tables and Analysis
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
General Regional Economics: Econometric and Input-Output Models; Other Models
Regional Development Planning and Policy
- Thema
-
Cohesion Policy
Input-Output Analysis
EU Regions
Regional Development
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Römisch, Roman
- Ereignis
-
Veröffentlichung
- (wer)
-
The Vienna Institute for International Economic Studies (wiiw)
- (wo)
-
Vienna
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
01.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Römisch, Roman
- The Vienna Institute for International Economic Studies (wiiw)
Entstanden
- 2020
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