Principal Component Analysis of the LEADER Approach (2007–2013) in South Western Europe (Extremadura and Alentejo).

Since the end of the last century, the Rural Development Policy and the associated Rural Development Aid have been implemented (according to the LEADER Approach) in European rural areas as a model of endogenous, integrated, and innovative development. Its objective is to reduce the differences of development in these areas. The objective of this paper is to analyze statistically (using Principal Component Analysis) the investments and projects carried out during the period of 2007–2013 in the regions of Extremadura and Alentejo. These two border regions have many territorial similarities but also historical, cultural, and political differences. These variations may contribute to a different implementation of the LEADER Approach. As determined by the results from the statistical analysis of economic aids and demographic variables, it is evident that there are differences in the management of the Rural Development Aid in both territories but resemblances in the results. [ABSTRACT FROM AUTHOR]