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European structural funds during the crisis: evidence from Southern Italy

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  • 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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    References listed on IDEAS

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    Citations

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    Cited by:

    1. repec:ebl:ecbull:eb-18-00206 is not listed on IDEAS
    2. 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.
    3. 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.
    4. repec:eee:regeco:v:75:y:2019:i:c:p:1-21 is not listed on IDEAS
    5. repec:gam:jsusta:v:9:y:2017:i:8:p:1432-:d:108228 is not listed on IDEAS
    6. 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.
    7. F. Pastore, 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.
    8. Cerqua, Augusto & Pellegrini, Guido, 2018. "Local policy effects at a time of economic crisis," MPRA Paper 85621, University Library of Munich, Germany.
    9. Ilaria De Angelis & Guido de Blasio & Lucia Rizzica, 2018. "On the unintended effects of public transfers: evidence from EU funding to Southern Italy," Temi di discussione (Economic working papers) 1180, Bank of Italy, Economic Research and International Relations Area.
    10. Eva Dettmann & Matthias Brachert & Mirko Titze, 2016. "Identifying the Effects of Place-Based Policies - Causal Evidence from Germany," CESifo Working Paper Series 5901, CESifo Group Munich.
    11. repec:mul:jqyfkm:doi:10.1432/87102:y:2017:i:1-2:p:167-192 is not listed on IDEAS
    12. Giuseppe Albanese & Emanuele Ciani & Guido de Blasio, 2019. "Anything new in town? The local effects of Urban Regeneration Policies in Italy," Temi di discussione (Economic working papers) 1214, Bank of Italy, Economic Research and International Relations Area.
    13. 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.

    More about this item

    Keywords

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

    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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