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European structural funds during the crisis: evidence from Southern Italy

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Listed author(s):
  • 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.

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File URL: http://www.bancaditalia.it/pubblicazioni/temi-discussione/2015/2015-1029/en_tema_1029.pdf
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Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Temi di discussione (Economic working papers) with number 1029.

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Date of creation: Sep 2015
Handle: RePEc:bdi:wptemi:td_1029_15
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Web page: http://www.bancaditalia.it

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Keywords: place-based policies; EU structural funds; local labor markets;

Other versions of this item:

Find related papers by 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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Cited by:

  1. Emanuele Ciani & Francesco David & Guido de Blasio, 2017. "Local labour market heterogeneity in Italy: estimates and simulations using responses to labour demand shocks," Temi di discussione (Economic working papers) 1112, Bank of Italy, Economic Research and International Relations Area.
  2. Bachtrögler, Julia, 2016. "On the effectiveness of EU structural funds during the Great Recession: Estimates from a heterogeneous local average treatment effects framework," Department of Economics Working Paper Series 5157, WU Vienna University of Economics and Business.
  3. Pastore F., 2015. "The Mezzogiorno and Crisis after Market and State Failures. A Review of Economic Literature," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3-4, pages 525-582.
  4. Dettmann, Eva & Brachert, Matthias & Titze, Mirko, 2016. "Identifying the Effects of Place-based Policies – Causal Evidence from Germany," IWH Discussion Papers 18/2016, Halle Institute for Economic Research (IWH).
  5. Titze, Mirko & Dettmann, Eva & Brachert, Matthias, 2016. "Identifying the effects of place-based policies – Evidence from Germany," Annual Conference 2016 (Augsburg): Demographic Change 145735, Verein für Socialpolitik / German Economic Association.
  6. Julia Bachtrögler, 2016. "On the effectiveness of EU structural funds during the Great Recession: Estimates from a heterogeneous local average treatment effects framework," Department of Economics Working Papers wuwp230, Vienna University of Economics and Business, Department of Economics.

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