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We assess the impact of the EU Regional Policy on regional economic growth by applying a new evaluation strategy, which integrates mediation analysis with a quasi-experimental framework. Using the R&D expenditure as an indicator of innovation capability, we evaluate how much of the total effect of the EU Regional Policy is due to R&D in the poorest EU regions. Consistently with the previous literature, we found a positive impact of the overall policy on economic growth, but, among the convergence regions, those investing a higher proportion of funds in R&D have the same convergence rate as regions investing more in other priorities. These findings confirm that the EU Regional Policy played an important role in the economic recovery of the poorest regions in the aftermath of the Great Recession. However, focusing resources on R&D does not seem to provide additional economic benefits, at least in the short run.

The EU cohesion policy is considered one of the most important policies implemented and financed through the EU common budget, as about a third of the EU budget is allocated to funds that are instruments of that policy. The goal of the EU regional policy is to reduce development disparities between EU regions by co-financing development projects. Given that the less developed regions benefit the most from this policy, it is extremely important for Croatia because it directly affects the country’s economic and social development and helps it converge towards the EU average. Considering the above, this paper seeks to contribute to the scientific discourse on the use of regional policy funds by examining the topic beyond temporal boundaries of programming periods and by proposing an institutional framework model for the management of the EU regional policy instruments in Croatia. To empirically determine the key institutional factors in the absorption of EU funds, the paper considers the existing EU fund management systems of selected EU countries. Through scientific research and comparative analysis of management systems in nine Central and Eastern European countries and drawing on the experience of the Croatian system and its functioning, an optimal model for the management of the EU regional policy funds at the national level was formulated. The proposed model should improve strategic decision making by the executive branch and help Croatia make the best possible use of EU regional policy funding, which should in turn reflect positively on economic growth.

In the Japanese economy facing environmental restrictions, both the control of greenhouse gas emissions and the boost of regional economic growth are important policy issues. In this context, this study employs econometric methods to investigate whether population agglomeration, which is a potential source of economic growth, contributes to the reduction of energy consumption in the residential sector. The results of the analysis highlight that population agglomeration affects savings in energy consumption. Specifically, over the considered observation period, population agglomeration has saved energy consumption in large metropolitan areas. In contrast, in rural areas, population dispersion has had the opposite effect.

The paper examines the nature, rationale, and logic of the reforms to EU Cohesion Policy. A particular focus of the paper is on the concept of smart specialization and the use of this concept to help facilitate a results-oriented policy agenda. On the one hand, the arguments underpinning the reforms in part relate to modern thinking regarding the role of industrial policy. On the other hand, they also partly relate to advances in our understanding of the relationships between economic geography, technology, and institutions. At the same time, the specific features of the EU context also heavily influence the nature and logic of the changes, whereby legal and institutional matters linking Cohesion Policy to other EU policies all play an important role.

Commonly used in human geography, quality of life (QOL) refers to the way and degree to which objective human needs are met, not only existential ones, but also those regarding the development of the human personality. This article diagnoses QOL understood in this way in Poland and its changes between 2004 and 2018 (i.e. during modernization), which saw the continuation of systemic transformation after joining the EU. To fully identify the regularity of spatial differences in the analysed phenomenon, 380 local units are used as reference points. First, we formulated an operational definition of multifaceted QOL with its separate dimensions, as well as selecting and constructing organized indicators that can be determined at the local level. Then we quantified local differences in the rate of growth and the level of QOL using multivariate analysis. Third, on the basis of the obtained results, we sought to reach the most significant conclusions: (1) the dynamic economic growth, enjoyed in Poland in 2004–2018, did not change significantly the spatial diversity of the quality of life on a local level. (2) To a large extent, the persistent differences in the quality of life in Poland are related to the historical spatial differences in the level of urbanisation and the well-established, traditional economic structure of the specific territorial units. (3) A higher degree of urbanisation coupled with the service- and service and industry-related functional nature of the local units in Poland are conducive to a better quality of life. This confirms the regularities observed in the countries on the verge of a rapid economic development.

The literature on Regional Systems of Innovation (RSI) has produced an extensive body of research in recent years and has been used widely as a framework for the design and implementation of policies in a variety of regional contexts. However, certain lack of clarity remains in relation to the defining elements and the dynamics of RSI, which make it difficult to operationalize and to articulate properly the concept for policy purposes. This lack of clarity is motivated by the fact that the concept of RSI is influenced by a number of theories and approaches, in particular institutional, systemic and evolutionary approaches to innovation and learning. As a result of this mix of influences, the concept of RSI derives different and even conflicting theoretical assumptions and policy rationales. The paper advocates a more coherent evolutionary articulation of regional systems and a better understanding of the complexity surrounding policy processes.

Economic theory, including endogenous growth, the role of institutions, and, most importantly, the New Economic Geography (NEG), have made significant progress in explaining the emergence of core-periphery patterns behind this divergence. They point to the critical role of agglomeration, which confers benefits to metropolitan cores that have the advantages of large markets, deep labor pools, links to international markets, and clusters of diverse suppliers and institutions. Regions relatively near the metropolitan core are likely to benefit from spillovers and congestion-related dispersion. Regions further outside the core however, are not only less able to take advantage of spillovers, but also more likely to be far removed from key infrastructural, institutional, and interpersonal links to regional and international markets. As a result, they face significant challenges to becoming competitive locations to host economic activity. Thus the geographical pattern of core and peripheral regions is increasingly manifest in an economic pattern of 'leading' and 'lagging' regions

To set the stage for future research aimed at developing public policies that support economic prosperity in rural areas, we review the current economic conditions of rural America and the current literature. Rural America is often characterized as a uniform, distressed place where agriculture dominates. In fact, rural America is diverse, with many regions doing well economically. In some areas, labor-saving technologies have reduced the workforce in manufacturing and resource-dependent industries. However, integration with urban areas has weakened the economic divide between urban and some rural areas, while natural amenities have boosted the fortunes of others. There is also evidence that homegrown enterprises can support growth even in the most remote, distressed regions. To support economic growth, policies should recognize the unique features of each place or region and balance the farm sector with the larger nonfarm rural economy. Economists are well-positioned to provide research-based evidence of what works, as well as rigorous evaluation of new polices.

From the 1940s to the 1970s, British governments steered manufacturing businesses to peripheral regions designated as needing more employment. This approach was delivered through a Regional Policy that deployed industrial location controls and financial incentives. Effectiveness varied over time but was dramatic in the mid-1940s, when it boosted the regional stock of secondary manufacturing to the extent that its legacy remains visible today. The literature describes how this Regional Policy was a peacetime policy, albeit one formulated during the war. This article, however, proposes that the most successful phase of Regional Policy was an extension of wartime policies governing regional manufacturing businesses producing munitions. It uses a case study of Wales to make two arguments. One is that the Regional Policy associated with the postwar period began to be implemented before the war had ended. The other is that the Board of Trade pursued the policy through repurposed wartime governance mechanisms within an economy that remained subject to onerous state controls. The case outlines a short but consequential burst of assertive state involvement that shaped business activity throughout much of regional Britain, echoing Philip Scranton and Patrick Fridenson’s arguments concerning “the state always being in” given its role in shaping markets, business behavior, and regulations.