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The Impact Of Structural Funds On The Italian Mezzogiorno, 1994-1999

  • Marco PERCOCO

    (Department of Economics and CERTeT, Bocconi University)

This paper aims at providing empirical evidence of the impact of Structural Funds on the economies of Italian Objective 1 Regions (the "Mezzogiorno"). In particular, we consider the effect in terms of economic growth of the 1994-1999 Community Support Framework by using a simple supply-side model estimated with a panel of regional data over the period 1970- 1994. We find a high volatility in the level of growth rates induced by Structural Funds expenditure in six Southern regions (namely, Molise, Campania, Puglia, Basilicata, Calabria and Sardinia).

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File URL: http://region-developpement.univ-tln.fr/fr/pdf/R21/R21_percoco.pdf
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Article provided by Region et Developpement, LEAD, Universite du Sud - Toulon Var in its journal Region et Developpement.

Volume (Year): 21 (2005)
Issue (Month): ()
Pages: 141-153

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Handle: RePEc:tou:journl:v:21:y:2005:p:141-153
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  1. Martin, Philippe & Rogers, Carol Ann, 1994. "Industrial Location and Public Infrastructure," CEPR Discussion Papers 909, C.E.P.R. Discussion Papers.
  2. Philippe Martin, 1998. "Can Regional Policies Affect Growth and Geography in Europe?," The World Economy, Wiley Blackwell, vol. 21(6), pages 757-774, 08.
  3. Andrés Rodríguez-Pose & Ugo Fratesi, 2003. "Between development and social policies: the impact of European Structural Funds in Objective 1 Regions," European Economy Group Working Papers 28, European Economy Group.
  4. Puga, Diego, 2001. "European Regional Policies in Light of Recent Location Theories," CEPR Discussion Papers 2767, C.E.P.R. Discussion Papers.
  5. Christodoulakis, Nicos M. & Kalyvitis, Sarantis, 2000. "The Effects of the Second Community Support Framework 1994-99 on the Greek Economy," Journal of Policy Modeling, Elsevier, vol. 22(5), pages 611-624, September.
  6. Alfredo M. Pereira, 1999. "International Public Transfers and Convergence in the European Union," Public Finance Review, , vol. 27(2), pages 194-219, March.
  7. Philippe Martin, 1999. "Are European regional policies delivering?," Sciences Po publications info:hdl:2441/9343, Sciences Po.
  8. Sandy Dall'erba & Julie Le Gallo, 2003. "Regional Convergence And The Impact Of European Structural Funds Over 1989-1999: A Spatial Econometric Analysis," Urban/Regional 0310005, EconWPA, revised 12 Feb 2004.
  9. Bradley, John & Modesto, Leonor & Sosvilla-Rivero, Simon, 1995. "HERMIN : A macroeconometric modelling framework for the EU periphery," Economic Modelling, Elsevier, vol. 12(3), pages 221-247, July.
  10. Sjed Ederveen & Joeri Gorter & Ruud de Mooij & Richard Nahuis, 2003. "Funds and Games: The Economics of European Cohesion Policy," Occasional Papers 03, European Network of Economic Policy Research Institutes.
  11. Christodoulakis, Nicos M. & Kalyvitis, Sarantis C., 1998. "A four-sector macroeconometric model for Greece and the evaluation of the community support framework 1994-1999," Economic Modelling, Elsevier, vol. 15(4), pages 575-620, October.
  12. Pereira, Alfredo M. & Gaspar, Vitor, 1999. "An Intertemporal Analysis of Development Policies in the EU," Journal of Policy Modeling, Elsevier, vol. 21(7), pages 799-822, December.
  13. Bernard G. Funck & Lodovico Pizzati, 2003. "European Integration, Regional Policy, and Growth," World Bank Publications, The World Bank, number 15144, October.
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