Zsolt Darvas, Jan Mazza and Catarina Midoes, (2019), “How to improve European Union cohesion policy for the next decade”, Bruegel Policy Contribution No 8, Μάιος
The academic literature on the effectiveness of the European Union’s cohesion policy is inconclusive: some studies find positive long-term impacts, others find positive but only short-term impacts, while others find no or even negative impacts. This range of results arises from major complicating factors, related to complex local environments, the diversity of policy interventions beyond cohesion policy, varying time frames, cross-regional spillover effects, lack of appropriate data for the analysis and various econometric problems and related estimation biases.
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