Place-based policies and spatial disparities across European cities

Ehrlich, Maximilian v. and Overman, Henry G. ORCID: 0000-0002-3525-7629 (2020) Place-based policies and spatial disparities across European cities. CEP Discussion Papers (CEPDP1726). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

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Abstract

Spatial disparities in income levels and worklessness in the European Union are profound, persistent and may be widening. We describe disparities across metropolitan regions and discuss theories and empirical evidence that help us understand what causes these disparities. Increases in the productivity benefits of cities, the clustering of highly educated workers and increases in their wage premium all play a role. Europe has a long-standing tradition of using capital subsidies, enterprise zones, transport investments and other place-based policies to address these disparities. The evidence suggests these policies may have partially offset increasing disparities but are not sufficient to fully offset the economic forces at work.

Item Type:	Monograph (Discussion Paper)
Official URL:	https://cep.lse.ac.uk/_new/publications/discussion...
Additional Information:	© 2020 The Author(s)
Divisions:	Geography & Environment
Subjects:	H Social Sciences > HC Economic History and Conditions
JEL classification:	R - Urban, Rural, and Regional Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, and Changes R - Urban, Rural, and Regional Economics > R1 - General Regional Economics > R12 - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade R - Urban, Rural, and Regional Economics > R1 - General Regional Economics > R13 - General Equilibrium and Welfare Economic Analysis of Regional Economies
Date Deposited:	22 Feb 2024 09:06
Last Modified:	14 Sep 2024 04:46
URI:	http://eprints.lse.ac.uk/id/eprint/121845

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