- The effectiveness of regional policy: a literature study
- Book title
- Infrastructure productivity evaluation
- Pages (from-to)
- New York: Springer
- SpringerBriefs in Economics
- Volume | Edition (Serie)
- Document type
- Faculty of Economics and Business (FEB)
- Amsterdam School of Economics Research Institute (ASE-RI)
A survey of the literature shows that research in the effects of regional policy in many cases uses overly simple approaches and highly limiting assumptions. Only a small number of studies measure the effects of policy explicitly and in a scientifically adequate manner. This also goes for the effects of EU cohesion policy: the evidence is thin. Frequently, 50-75% of subsidized jobs and investment turn out to be non-additional. Evaluations in the literature offer only scant empirical evidence for underpinning policy choices.
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