Recent papers show that the impact of Cohesion Policy is not uniform in space but larger, smaller or insignificant …. European regions are then classified in terms of need on two dimensions: GDP per capita and GDP growth. Results show that most … policy favourable conditioning factors are also factors of growth. As a consequence of that, the potential policy impact is …

Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms … indebtedness. At the same time we evaluate the impact of convergence on the EU-15 countries also, by endogenising offshoring and … process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 …