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The Impact Of Structural Funds On The Italian Mezzogiorno, 1994-1999

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  • Marco PERCOCO

    (Department of Economics and CERTeT, Bocconi University)

Abstract

This paper aims at providing empirical evidence of the impact of Structural Funds on the economies of Italian Objective 1 Regions (the "Mezzogiorno"). In particular, we consider the effect in terms of economic growth of the 1994-1999 Community Support Framework by using a simple supply-side model estimated with a panel of regional data over the period 1970- 1994. We find a high volatility in the level of growth rates induced by Structural Funds expenditure in six Southern regions (namely, Molise, Campania, Puglia, Basilicata, Calabria and Sardinia).

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Bibliographic Info

Article provided by Region et Developpement, LEAD, Universite du Sud - Toulon Var in its journal Region et Developpement.

Volume (Year): 21 (2005)
Issue (Month): ()
Pages: 141-153

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Handle: RePEc:tou:journl:v:21:y:2005:p:141-153

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Related research

Keywords: STRUCTURAL FUNDS; REGIONAL POLICY; ITALY;

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References

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  1. Andres RodrIguez-Pose & Ugo Fratesi†, 2004. "Between Development and Social Policies: The Impact of European Structural Funds in Objective 1 Regions," Regional Studies, Taylor & Francis Journals, vol. 38(1), pages 97-113.
  2. Christodoulakis, Nicos M. & Kalyvitis, Sarantis, 2000. "The Effects of the Second Community Support Framework 1994-99 on the Greek Economy," Journal of Policy Modeling, Elsevier, vol. 22(5), pages 611-624, September.
  3. Sjed Ederveen & Joeri Gorter & Ruud de Mooij & Richard Nahuis, 2003. "Funds and Games: The Economics of European Cohesion Policy," Occasional Papers 03, European Network of Economic Policy Research Institutes.
  4. Sandy Dall'erba & Julie Le Gallo, 2003. "Regional Convergence And The Impact Of European Structural Funds Over 1989-1999: A Spatial Econometric Analysis," Urban/Regional 0310005, EconWPA, revised 12 Feb 2004.
  5. Pereira, Alfredo M. & Gaspar, Vitor, 1999. "An Intertemporal Analysis of Development Policies in the EU," Journal of Policy Modeling, Elsevier, vol. 21(7), pages 799-822, December.
  6. Bradley, John & Modesto, Leonor & Sosvilla-Rivero, Simon, 1995. "HERMIN : A macroeconometric modelling framework for the EU periphery," Economic Modelling, Elsevier, vol. 12(3), pages 221-247, July.
  7. Philippe Martin, 1998. "Can Regional Policies Affect Growth and Geography in Europe?," The World Economy, Wiley Blackwell, vol. 21(6), pages 757-774, 08.
  8. Martin, Philippe & Rogers, Carol Ann, 1994. "Industrial Location and Public Infrastructure," CEPR Discussion Papers 909, C.E.P.R. Discussion Papers.
  9. Alfredo M. Pereira, 1999. "International Public Transfers and Convergence in the European Union," Public Finance Review, , vol. 27(2), pages 194-219, March.
  10. Christodoulakis, Nicos M. & Kalyvitis, Sarantis C., 1998. "A four-sector macroeconometric model for Greece and the evaluation of the community support framework 1994-1999," Economic Modelling, Elsevier, vol. 15(4), pages 575-620, October.
  11. Puga, Diego, 2001. "European Regional Policies in Light of Recent Location Theories," CEPR Discussion Papers 2767, C.E.P.R. Discussion Papers.
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Cited by:
  1. Rodríguez-Pose, Andrés & Novak, Katja, 2013. "Learning processes and economic returns in European Cohesion policy," Investigaciones Regionales, Asociación Española de Ciencia Regional, issue 25, pages 1-20.
  2. Francesco Aiello & Valeria Pupo, 2009. "Structural Funds And Economic Divide In Italy," Working Papers 200914, Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica).
  3. DANIELE, Vittorio, 2009. "Development Policy, Public Spending and Regional Convergence in Italy (1996-2007)," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 9(2).
  4. Pupo Valeria & Aiello Francesco, 2009. "L'impatto della politica regionale dell'Unione Europea. Uno studio sulle regioni italiane," Rivista italiana degli economisti, Società editrice il Mulino, issue 3, pages 421-454.
  5. Francesco Aiello & Valeria Pupo, 2009. "L’Impatto Dei Fondi Strutturali In Italia," Working Papers 200901, Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica).
  6. Aiello, Francesco & Pupo, Valeria, 2009. "Capacità di gestione, efficienza istituzionale e impatto dei Fondi Strutturali in Italia
    [The Impact of Structural Funds in Italy]
    ," MPRA Paper 14429, University Library of Munich, Germany.
  7. Daniele VITTORIO, 2009. "Public Spending And Regional Convergence In Italy," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(2(8)_Summ).
  8. Juan González Alegre, 2012. "An evaluation of EU regional policy. Do structural actions crowd out public spending?," Public Choice, Springer, vol. 151(1), pages 1-21, April.
  9. Mohl, Philipp & Hagen, Tobias, 2008. "Does EU Cohesion Policy Promote Growth? Evidence from Regional Data and Alternative Econometric Approaches," ZEW Discussion Papers 08-086, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.

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