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Policies for local development: an evaluation of Italy's "Patti Territoriali"

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  • Antonio Accetturo

    () (Bank of Italy, Economics and International Relations)

  • Guido de Blasio

    () (Bank of Italy, Economics and International Relations)

Abstract

In Italy, Patti Territoriali (Territorial Pacts) are one of the main government-sponsored programmes to foster growth in disadvantaged areas. A territorial pact is an agreement among the local authorities and representatives of civil society (mainly entrepreneurs and trade unions) of a number of neighbouring municipalities that is subsequently endorsed by the central government. It consists in a fully-fledged development plan, including a series of private and public investments for which public funding is provided. This paper evaluates the effectiveness of territorial pacts by comparing the economic performance, in terms of employment and number of plants, of participating municipalities with a sample of municipalities not involved in the policy. The results suggest that the programme has been largely ineffective in stimulating growth.

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Bibliographic Info

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Temi di discussione (Economic working papers) with number 789.

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Date of creation: Jan 2011
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Handle: RePEc:bdi:wptemi:td_789_11

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Keywords: regional aid; regional growth; ownership;

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  1. Wilbert van der Klaauw, 2008. "Regression-Discontinuity Analysis: A Survey of Recent Developments in Economics," LABOUR, CEIS, vol. 22(2), pages 219-245, 06.
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