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Fiscal Policy and Economic Growth: The Case of the Italian Regions

Author

Listed:
  • Auteri, Monica

    (U Rome 'La Sapienza' and U Tuscia)

  • Costantini, Mauro

    (U Rome 'La Sapienza')

Abstract

This paper seeks to contribute to our understanding of the relationship between economic policy and economic growth. With the use of a standard growth model, it assesses the influence of public investment and public transfers on the rate of economic growth. It does this by using data from the 20 Italian regions between 1970 and 1995. While the results show a positive influence of public investments on economic growth, this was not the case for public transfer payments in Italy.

Suggested Citation

  • Auteri, Monica & Costantini, Mauro, 2004. "Fiscal Policy and Economic Growth: The Case of the Italian Regions," The Review of Regional Studies, Southern Regional Science Association, vol. 34(1), pages 72-94.
  • Handle: RePEc:rre:publsh:v:34:y:2004:i:1:p:72-94
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    File URL: http://journal.srsa.org/ojs/index.php/RRS/article/view/79/30
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Jose Villaverde & Adolfo Maza & María Hierro, 2014. "The Effects of Interpersonal Fiscal Redistribution on Provincial Growth and Convergence in Spain," Hacienda Pública Española, IEF, vol. 209(2), pages 151-170, June.
    2. Coppier, Raffaella & Costantini, Mauro & Piga, Gustavo, 2009. "Do "Clean Hands" Ensure Healthy Growth? Theory and Practice in the Battle Against Corruption," Economics Series 238, Institute for Advanced Studies.
    3. repec:gam:jsusta:v:9:y:2017:i:8:p:1432-:d:108228 is not listed on IDEAS
    4. repec:ura:ecregj:v:1:y:2017:i:4:p:1304-1313 is not listed on IDEAS
    5. Artelaris, Panagiotis & Arvanitidis, Paschalis & Petrakos, George, 2006. "Theoretical and Methodological Study on Dynamic Growth Regions and Factors Explaining their Growth Performance," Papers DYNREG02, Economic and Social Research Institute (ESRI).
    6. Raffaella Coppier & Mauro Costantini & Gustavo Piga, 2013. "The Role Of Monitoring Of Corruption In A Simple Endogenous Growth Model," Economic Inquiry, Western Economic Association International, vol. 51(4), pages 1972-1985, October.
    7. repec:eee:ecmode:v:64:y:2017:i:c:p:270-287 is not listed on IDEAS
    8. Sefa Awaworyi & Siew Ling Yew, 2014. "Government Transfers and Growth: Is there Evidence of Genuine Effect?," Monash Economics Working Papers 40-14, Monash University, Department of Economics.

    More about this item

    Keywords

    Economic Growth; Fiscal Policy; Growth; Policy; Public Investment; Regions;

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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