IDEAS home Printed from https://ideas.repec.org/a/psl/moneta/20168.html

Lo Stato come ‘fornitore’ d’investimenti sociali (State as Social Investments Provider)

Author

Listed:
  • Fabrizio Botti, Marcella Corsi, Giulio Guarini

    (Università di Perugia,, Università di Roma La Sapienza, Università della Tuscia)

Abstract

We analyze the role of the State in social investment (education, health services, etc.), different from those in infrastructures. We do so because, in the current economic and social situation, this type of investment, in addition to strengthening the European social model, could be particularly effective in creating new jobs. To test the link between social investment and employment we modify the Paolo Sylos Labini’s employment equation model (MOSYL), inserting in the model social investment instead of those in infrastructures. The quantitative implementation is based on Eurostat data for the 28 EU countries, and the results are encouraging: the employment rate is strongly influenced by factors outside the labor market, which affect not only the general economic environment (represented by GDP), but also by elements linked to the social context, concerning the new forms of welfare. Text of the speech given at the conference "Paolo Sylos Labini e la politica delle riforme", held at Sapienza University of Rome on 04 December 2015, organized by the Accademia dei Lincei with Economia Civile.

Suggested Citation

  • Fabrizio Botti, Marcella Corsi, Giulio Guarini, 2016. "Lo Stato come ‘fornitore’ d’investimenti sociali (State as Social Investments Provider)," Moneta e Credito, Economia civile, vol. 69(273), pages 89-108.
    • Handle: RePEc:psl:moneta:2016:8
    as

    Download full text from publisher

    File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/13278/13081
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Silvia Ferrari & Francisco Cribari-Neto, 2004. "Beta Regression for Modelling Rates and Proportions," Journal of Applied Statistics, Taylor & Francis Journals, vol. 31(7), pages 799-815.
    2. Matthias Schmid & Florian Wickler & Kelly O Maloney & Richard Mitchell & Nora Fenske & Andreas Mayr, 2013. "Boosted Beta Regression," PLOS ONE, Public Library of Science, vol. 8(4), pages 1-15, April.
    3. Paolo Sylos Labini (Paolo Sylos Labini’s 1962 testimony), 2015. "Interrogatorio del prof. Sylos Labini," Moneta e Credito, Economia civile, vol. 68(270), pages 219-269.
    4. Heckman, James J. & Moon, Seong Hyeok & Pinto, Rodrigo & Savelyev, Peter A. & Yavitz, Adam, 2010. "The rate of return to the HighScope Perry Preschool Program," Journal of Public Economics, Elsevier, vol. 94(1-2), pages 114-128, February.
    5. Diane Elson, 1998. "Integrating gender issues into national budgetary policies and procedures: some policy options," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(7), pages 929-941.
    6. Denis Bouget & Frazer, Hugh & Eric Marlier & Sabato, Sebastiano & Bart Vanhercke, 2015. "Social Investment in Europe, a Study of National Policies," Post-Print hal-03038843, HAL.
    7. Riddell, W. Craig & Song, Xueda, 2011. "The impact of education on unemployment incidence and re-employment success: Evidence from the U.S. labour market," Labour Economics, Elsevier, vol. 18(4), pages 453-463, August.
    8. Almond, Douglas & Currie, Janet, 2011. "Human Capital Development before Age Five," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 15, pages 1315-1486, Elsevier.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Elizabeth M. Caucutt & Lance Lochner & Youngmin Park, 2017. "Correlation, Consumption, Confusion, or Constraints: Why Do Poor Children Perform so Poorly?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(1), pages 102-147, January.
    2. repec:spo:wpmain:info:hdl:2441/6s39gt704s95upu27ma7s3p6q8 is not listed on IDEAS
    3. DeMalach, Elad & Schlosser, Analia, 2024. "Short- and Long-Term Effects of Universal Preschool: Evidence from the Arab Population in Israel," CEPR Discussion Papers 18781, C.E.P.R. Discussion Papers.
    4. Roland Fryer & Steven Levitt & John List & Anya Samek, 2020. "Introducing CogX: A New Preschool Education Program Combining Parent and Child Interventions," Framed Field Experiments 00718, The Field Experiments Website.
    5. Henning Hermes & Philipp Lergetporer & Fabian Mierisch & Frauke Peter & Simon Wiederhold, 2023. "Discrimination on the Child Care Market: A Nationwide Field Experiment," Working Papers 225, Bavarian Graduate Program in Economics (BGPE).
    6. Flèche, Sarah & Lekfuangfu, Warn N. & Clark, Andrew E., 2021. "The long-lasting effects of family and childhood on adult wellbeing: Evidence from British cohort data," Journal of Economic Behavior & Organization, Elsevier, vol. 181(C), pages 290-311.
    7. Britta Rude, 2022. "Can We Grow with our Children? The Effects of a Comprehensive Early Childhood Development Program," ifo Working Paper Series 372, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    8. Sandner, Malte & Jungmann, Tanja, 2017. "Gender-specific effects of early childhood intervention: Evidence from a randomized controlled trial," Labour Economics, Elsevier, vol. 45(C), pages 59-78.
    9. Javier Luque & Barbara Bruns & David Evans, 2012. "Achieving World-Class Education in Brazil : The Next Agenda," World Bank Publications - Books, The World Bank Group, number 2383, April.
    10. Samuel Berlinski & Maria Marta Ferreyra & Luca Flabbi & Juan David Martin, 2024. "Childcare Markets, Parental Labor Supply, and Child Development," Journal of Political Economy, University of Chicago Press, vol. 132(6), pages 2113-2177.
    11. Yann Algan & Elizabeth Beasley & Frank Vitaro & Richard Tremblay, 2014. "The Impact of Non-Cognitive Skills Training on Academic and Non-academic Trajectories: From Childhood to Early Adulthood," Working Papers hal-03429906, HAL.
    12. Rodrigo García Arancibia & Ignacio Girela & Daniela Agostina Gonzalez, 2025. "Global Multidimensional Poverty Prediction using World Development Indicators," Working Papers 350, Red Nacional de Investigadores en Economía (RedNIE).
    13. Yann Algan & Elizabeth Beasley & Frank Vitaro & Richard E Tremblay, 2014. "The Impact of Non-Cognitive Skills Training on Academic and Non-academic Trajectories: From Childhood to Early Adulthood," Sciences Po publications info:hdl:2441/6s39gt704s9, Sciences Po.
    14. Hermes, Henning & Lergetporer, Philipp & Mierisch, Fabian & Schwerdt, Guido & Wiederhold, Simon, 2024. "Information about inequality in early child care reduces polarization in policy preferences," Journal of Economic Behavior & Organization, Elsevier, vol. 228(C).
    15. Morabito, Christian & Van de gaer, Dirk & Figueroa, José Luis & Vandenbroeck, Michel, 2018. "Effects of high versus low-quality preschool education: A longitudinal study in Mauritius," Economics of Education Review, Elsevier, vol. 65(C), pages 126-137.
    16. Elizabeth M. Caucutt & Lance Lochner, 2020. "Early and Late Human Capital Investments, Borrowing Constraints, and the Family," Journal of Political Economy, University of Chicago Press, vol. 128(3), pages 1065-1147.
    17. Bos, Johannes M. & Shonchoy, Abu S. & Ravindran, Saravana & Khan, Akib, 2024. "Early childhood human capital formation at scale," Journal of Public Economics, Elsevier, vol. 231(C).
    18. Hermes, Henning & Lergetporer, Philipp & Mierisch, Fabian & Schwerdt, Guido & Wiederhold, Simon, 2024. "Does Information about Inequality and Discrimination in Early Child Care Affect Policy Preferences?," IZA Discussion Papers 16759, Institute of Labor Economics (IZA).
    19. repec:cep:sticas:/171 is not listed on IDEAS
    20. Orazio Attanasio & Raquel Bernal & Michele Giannola & Milagros Nores, 2021. "Child Development in the Early Years: Parental Investment and the Changing Dynamics of Different Domains," CSEF Working Papers 626, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    21. Jensen, Bente & Jensen, Peter & Rasmussen, Astrid Würtz, 2015. "Does Professional Development of Preschool Teachers Improve Child Socio-Emotional Outcomes?," IZA Discussion Papers 8957, Institute of Labor Economics (IZA).
    22. Drange, Nina & Havnes, Tarjei & Sandsør, Astrid M.J., 2016. "Kindergarten for all: Long run effects of a universal intervention," Economics of Education Review, Elsevier, vol. 53(C), pages 164-181.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:psl:moneta:2016:8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carlo D'Ippoliti (email available below). General contact details of provider: http://www.economiacivile.it .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.