This paper aims to provide a contribution to the debate on the effectiveness of cohesion policies in Italy. The focus is on the territorial effects of EU spending from 1996 to 2007. The empirical analysis is based on the estimate of an expanded neoclassical growth model in which the Structural Funds are one of the variables that explain the convergence across Italian regions. Using panel data and a dynamic panel estimator we find that the Structural Funds, even having had a greater impact in the South compared to the Centre-North, have not contributed to reduce the economic divide in Italy.
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Paper provided by Università della Calabria, Dipartimento di Economia e Statistica in its series Working Papers with number
200914.
Length: 16 pages Date of creation: Oct 2009 Date of revision: Handle: RePEc:clb:wpaper:200914
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Find related papers by JEL classification: H50 - Public Economics - - National Government Expenditures and Related Policies - - - General R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development 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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