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Undermining the principle of concentration?: European Union regional policy and the socio-economic disadvantage of European regions

Crescenzi, Riccardo (2009) Undermining the principle of concentration?: European Union regional policy and the socio-economic disadvantage of European regions. Regional Studies, 43 (1). pp. 111-133. ISSN 0034-3404

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Identification Number: 10.1080/00343400801932276

Abstract

This paper sets out to analyse the regional policy of the European Union by assessing whether the actual distribution of funds to the regions undermines the principle of territorial concentration. The empirical analysis shows that, due to either political equilibriums or inaccurate assumptions about the most cost-effective allocation of the funds, the sources of structural disadvantage are more spatially concentrated than the funds devoted to compensating this disadvantage and reveals a weak association between socio-economic disadvantage and European Union funding. Corrections in allocation mechanisms are recommended in order to increase fund concentration and earmark resources more adequately to disadvantaged regions.

Item Type: Article
Official URL: http://www.tandf.co.uk/journals/titles/00343404.as...
Additional Information: © 2009 Taylor & Francis
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
JEL classification: C - Mathematical and Quantitative Methods > C2 - Econometric Methods: Single Equation Models; Single Variables > C24 - Truncated and Censored Models
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O18 - Regional, Urban, and Rural Analyses
R - Urban, Rural, and Regional Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, and Changes
R - Urban, Rural, and Regional Economics > R5 - Regional Government Analysis > R58 - Regional Development Policy
Sets: Collections > Economists Online
Research centres and groups > Spatial Economics Research Centre
Departments > Geography and Environment
Date Deposited: 13 Mar 2009 16:58
Last Modified: 13 Mar 2014 15:33
URI: http://eprints.lse.ac.uk/id/eprint/23317

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