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European structural funds during the crisis: evidence from Southern Italy

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Listed:
  • Emanuele Ciani

    (Bank of Italy)

  • Guido de Blasio

    (Bank of Italy)

Abstract

We investigate the effectiveness of European Structural Funds on employment, population and house prices in 325 Local Labor Markets (LLM) located in Southern Italy. We exploit the variability in disbursements between 2007 and 2013 and estimate the impact of the interventions by allowing for LLM-specific fixed features and LLM-specific time trends. We find that the ability of these funds to offset the negative consequences of the economic crisis seems to have been limited.

Suggested Citation

  • Emanuele Ciani & Guido de Blasio, 2015. "European structural funds during the crisis: evidence from Southern Italy," Temi di discussione (Economic working papers) 1029, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:wptemi:td_1029_15
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    More about this item

    Keywords

    place-based policies; EU structural funds; local labor markets;
    All these keywords.

    JEL classification:

    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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