This study contributes to understanding the multidimensional effects of the European Union Cohesion Policy and highlights the importance of considering a wider range of well-being indicators when evaluating regional policies. The Extended Regional Development Index is an index of regional well-being that measures a broader set of regional outcomes. We examine the effects of Cohesion Policy on the Extended Regional Development Index in European Union-27 regions from 2007 to 2013, analysing the distributional effects on different quantiles of the index. Our findings highlight the Cohesion Policy’s role in supporting regional well-being and individual income levels during the double recession of 2008 and 2011. Moreover, the policy contributes to a process of convergence between regions, especially in light of increased disparities due to the European Union’s eastern enlargement.
Calegari, E., Rita Ferrara, A., Freo, M., Reggiani, A., The heterogeneous effect of European Union Cohesion Policy on regional well-being, <<EUROPEAN URBAN AND REGIONAL STUDIES>>, 2023; (2023): N/A-N/A. [doi:https://doi.org/10.1177/09697764231188304] [https://hdl.handle.net/10807/249068]