This paper develops a simple method to consistently break down world input-output tables to regional input-output tables. They are used to estimate Cohesion Policy-induced demand spillovers in the EU, covering the years 2007-2018. Results indicate that Cohesion spillovers from less developed...

The smart specialization concept was implemented in the EU in 2014, stating that regions have to specify specialization areas for development of innovations. Economic specialization reveals a comparative advantage in that field. However, there are different arguments linking specialization to...

The additionality principle says that the funds of the European Union should not replace, but be an addition to national regional policy funds. The benchmark for the co-funding is that the EU bears 50% of total costs associated with regional projects eligible for EU support. In some regions,...

This paper asks whether we can, from an economic point of view, justify the EU Cohesion Policy. To this end, our research - using structural equation modelling, macro-economic modelling and regional inputoutput analysis - found a) positive dynamic effects of Cohesion Policy on regional growth,...

This chapter discusses factors that contributed to different economic dynamics across European regions and the prevailing disparities. The impact of EU Cohesion Policy in reducing disparities is studied based on the empirical evidence on the effects of EU regional policy. With more than thirty...

The article examines the capacity of four medium-sized cities in Southern Europe, concerning the current situation of their assets (agglomeration economies, urban infrastructures, factors of labor and cost, etc.), the degree of development policies implementation and effectiveness by local...

The paper aims to assess the evolution of the development disparities (output, employment, overall and by sectors) in the regions and counties of Romania. Using classic and spatial shift-share analysis tools, we investigate the extent to which the existing interregional and, especially,...

Development gaps are a common feature throughout the regions of the European Union, and Romania is no exception. Despite all the political and financial efforts, the convergence process is lengthy and complex, and the gaps with the deepest economic and social roots are the most difficult to be...

Modern cluster theory provides reasons for positive external effects that accrue from the interaction of spatially proximate firms operating in common and related fields of economic activity. In this paper, we examine the impact of R&D-intensive clusters as a key factor of regional...

Among Polish cities facing socio-economic difficulties are the former regional capitals which lost their administrative status due to the 1998 reform, reducing the number of regions from 49 to 16. Making use of this quasiexperimental setting, we assess the impact of the loss of administrative...