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Original scientific paper

European Cohesion Policy and Evaluating the Impact of Evidence-Based Policy

Laura Južnik Rotar ; University of Novo mesto Faculty of Economics and Informatics
Stanko Trček ; University of Novo mesto Faculty of Economics and Informatics


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Abstract

In the 2014–2020 programming period, the cohesion policy focuses more on results
and evaluation of programs based on facts. Due to the Commission policies, an
expansion of cohesion policy counterfactual impact evaluation of programmes with
new approaches can be expected in the future. In this paper, the focus is on the
calculation of the impact of received European cohesion funds on the revenue of
companies in Slovenian municipalities one/two years after the receipt of cohesion
funds for the 2007–2013 period. Two development priorities that affect company
revenue – Enterprise competitiveness and research excellence and Promoting
entrepreneurship and adaptability are considered. The effect of the use of the
European cohesion funds on company revenue in Slovenian municipalities is positive
for 2009 and 2010 and negative for all other years examined. The results of the
research can serve to policy-makers to reduce the economic, social and territorial
disparities in less developed European countries and regions therefore reaching
balanced regional development.

Keywords

European cohesion policy; policy impact evaluation; regional development; difference in differences approach

Hrčak ID:

261640

URI

https://hrcak.srce.hr/261640

Publication date:

30.8.2021.

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