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Author(s): Emília Malcata Rebelo
Title: Socio-Economic Impact Assessment of Investments framed by the European Union: the case of Portuguese North and Algarve Regions
Issue Date: 2011
Abstract: The main goal of the research reported in this article consists of developing a methodology forthe assessment of socio-economic impacts of investments framed by European Unionprogrammes. This methodology will support the computation, comparison, and ordering ofthe impacts of investments on the performance of regional economies, and on populations´well-being. It will also launch strategic planning and management proposals concerningpublic investments, focused on the promotion of economic competitiveness and socialcohesion. It is applied, as case studies, to the regional European programmes Operação Norteand Proalgarve that took place between 2000 and 2006. This methodology founds on the jointuse of methods of multivariate data analysis (cross-section application of factorial analysisand analysis of data tables), auto-regressive vectors (analysis of temporal series) andgeographic information systems (spatial analysis).The proposed methodology of socio-economic impact assessment of investments isinnovative when compared with current methodologies because it enables: (i) the evaluationand computation of aggregated investments that focus on their effects on regional economicperformance and on communities´ well-being; (ii) the objective analysis and computation ofthe effects of investments in relation to the flat-scenery of their absence, and in relation tocomparable investments elsewhere; (iii) the better identification of the causality relationsbetween interventions and results (that shapes an important qualitative jump that goes farbeyond the simple comparison of indicators); (iv) to develop the spatial side of the analysis;(v) to strengthen knowledge and experience on most successful investments in each place,according to their specific features; (vi) to anticipate the consequences of certain kinds ofinvestments, what leads to their better operationalization, considering the goals of economicperformance and social well-being.This analysis is intended to be a contribution to the required reformulation of the Europeancohesion policy, and to the definition of investment strategies and policies, pointing them tothe regions and places that have managed to reach better results.
Subject: Ciências Sociais, Ciências sociais
Social sciences, Social sciences
Scientific areas: Ciências sociais
Social sciences
Source: 51st European Congress of the Regional Science Association International and 37th Spanish Regional Science Association Conference 'New Challenges for European Regions and Urban Areas in a Globalised World'
Document Type: Resumo de Comunicação em Conferência Internacional
Rights: restrictedAccess
Appears in Collections:FEUP - Resumo de Comunicação em Conferência Internacional

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