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Policies for local development: An evaluation of Italy's “Patti Territoriali”

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  • Accetturo, Antonio
  • de Blasio, Guido

Abstract

In Italy, Patti Territoriali (Territorial Pacts, TPs) are one of the most important government sponsored programs aimed at fostering growth in disadvantaged areas. A TP is an agreement between local governments and representatives of civil society (mainly entrepreneurs and trade unions) of a number of neighboring municipalities, which is subsequently endorsed by the central government. The agreement consists of a fully-fledged development plan, which includes a series of private and public investments for which public funding is provided. This paper evaluates the effectiveness of TPs by comparing the economic performance – in terms of employment and number of plants – of the municipalities taking part in a TP with a sample of municipalities not involved in the policy. The results suggest that the program has been largely ineffective in stimulating growth.

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  • Accetturo, Antonio & de Blasio, Guido, 2012. "Policies for local development: An evaluation of Italy's “Patti Territoriali”," Regional Science and Urban Economics, Elsevier, vol. 42(1-2), pages 15-26.
  • Handle: RePEc:eee:regeco:v:42:y:2012:i:1:p:15-26
    DOI: 10.1016/j.regsciurbeco.2011.04.005
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    More about this item

    Keywords

    Regional aid; Regional growth; Ownership;
    All these keywords.

    JEL classification:

    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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