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"REGIONAL POLICY"
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The institutional framework model for the implementation of the EU cohesion policy in Croatia for the 2021-2027 programming period
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.
Journal Article
Does R&D Expenditure Boost Economic Growth in Lagging Regions?
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.
Journal Article
Population Agglomeration and Residential Energy Consumption: Evidence from Japan
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.
Journal Article
Transforming European regional policy: a results-driven agenda and smart specialization
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.
Journal Article
Geographical Differences in the Quality of Life in Poland: Challenges of Regional Policy
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.
Journal Article