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Local Development that Money Can’t Buy: Italy’s Contratti di Programma

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  • Monica Andini
  • Guido de Blasio

Abstract

Local Development that Money Can’t Buy: Italy’s Contratti di Programma The paper evaluates the effectiveness of a major Italy’s place-based policy (Contratti di Programma), through which the Government endorses and finances an industrialization plan proposed by private firms. By using as counterfactuals the areas that will be exposed to the same policy later in time, the study finds evidence of a positive impact on plants and employment, which is however confined to a small area (municipality) and does not extent to the local labor market area (aggregation of few neighbouring municipalities). Keywords: Regional economic activity, location-based policies, program evaluation. JEL classification: R11, R58, C14.

Suggested Citation

  • Monica Andini & Guido de Blasio, 2012. "Local Development that Money Can’t Buy: Italy’s Contratti di Programma," ERSA conference papers ersa12p464, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa12p464
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    Cited by:

    1. Mara Giua, 2014. "Spatial Discontinuity for the Impact Assessment of the EU Regional Policy. The Case of Italian Objective 1 Regions," Departmental Working Papers of Economics - University 'Roma Tre' 0197, Department of Economics - University Roma Tre.

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    More about this item

    Keywords

    regional economic activity; location-based policies; program evaluation. jel classification: r11; r58; c14.;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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