Structural funds and the economic divide in Italy
AbstractThis paper provides a contribution to the debate on the role of European Union cohesion policy in Italy. The focus is on the territorial effects of European structural funds from 1996 to 2007. The empirical analysis considers a neoclassical growth model which is augmented by the structural funds spent by each region. Using panel data and a dynamic panel estimator we find that, even though structural funds have had a greater impact in the South compared to the Centre-North of the country, they have not contributed to reducing the productivity divide in Italy.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Policy Modeling.
Volume (Year): 34 (2012)
Issue (Month): 3 ()
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Web page: http://www.elsevier.com/locate/inca/505735
Structural funds; Regional policy; Economic divide in Italy;
Find related papers by JEL classification:
- H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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