Scholarlink

<p>In this paper we investigate the role of EU Structural and Investment Funds in affecting the dynamic impact of regional fiscal consolidation on regional income inequality. Relying on a panel of 162 NUTS-2 regions of twelve European countries, we find that regional spending cuts increase regional inequality in the medium-term, with the effects surviving to a large battery of robustness checks. The uneven distributional impact of regional austerity measures is however cushioned by larger EU funds expenditures, especially through the European Regional Development Fund (ERDF), with the effect magnified during periods of recession and when the regional quality of government is higher.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Do European Cohesion Policies Mitigate the Impact of Fiscal Consolidation on Regional Income Inequality?

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年3月26日

查看全文
  • Luca Agnello,
  • Pietro Pizzuto

摘要

In this paper we investigate the role of EU Structural and Investment Funds in affecting the dynamic impact of regional fiscal consolidation on regional income inequality. Relying on a panel of 162 NUTS-2 regions of twelve European countries, we find that regional spending cuts increase regional inequality in the medium-term, with the effects surviving to a large battery of robustness checks. The uneven distributional impact of regional austerity measures is however cushioned by larger EU funds expenditures, especially through the European Regional Development Fund (ERDF), with the effect magnified during periods of recession and when the regional quality of government is higher.