The ex-ante impact assessment of the EU cohesion policy in Poland carried out with the RHOMOLO model indicates that, by the end of the 2014-20 programming period, Polish GDP would be 3.5% higher thanks to the cohesion policy investments, with substantial long-run effects (GDP would be 0.6% above the baseline forty years after the end of the policy).
The RHOMOLO results
The ex-ante impact assessment of the EU cohesion policy for the NUTS 2 regions of Poland carried out with the spatial dynamic general equilibrium model RHOMOLO has been included in a book chapter published at the end of 2019.
Additional simulations dealing with spillover effects point out that the positive impact of cohesion policy would not be limited to Poland, but would spread to the rest of the EU, and particularly to the Polish trading partners.
Cohesion policy in Poland
The European cohesion policy is the EU’s main investment policy and it targets all regions and cities to support job creation, business competitiveness, economic growth, and sustainable development.
For the 2014-20 programming period, about €77 billion (in 2011 prices) of cohesion policy funding goes to Poland for infrastructure investments, human capital, research and development, aid to private sector and technical assistance.
- English version of the book “The Use of Econometric Modelling in Evaluating the Impact of Public Policies and Programmes”, PARP, Warsaw, 2019.
- Publication date
- 25 March 2020