Policies for local development: an evaluation of Italy's "Patti Territoriali"

Antonio Accetturo and Guido de Blasio

No 789, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: In Italy, Patti Territoriali (Territorial Pacts) are one of the main government-sponsored programmes to foster growth in disadvantaged areas. A territorial pact is an agreement among the local authorities and representatives of civil society (mainly entrepreneurs and trade unions) of a number of neighbouring municipalities that is subsequently endorsed by the central government. It consists in a fully-fledged development plan, including a series of private and public investments for which public funding is provided. This paper evaluates the effectiveness of territorial pacts by comparing the economic performance, in terms of employment and number of plants, of participating municipalities with a sample of municipalities not involved in the policy. The results suggest that the programme has been largely ineffective in stimulating growth.

Keywords: regional aid; regional growth; ownership (search for similar items in EconPapers)
JEL-codes: H2 R0 (search for similar items in EconPapers)
Date: 2011-01
New Economics Papers: this item is included in nep-cis and nep-geo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Journal Article: Policies for local development: An evaluation of Italy's “Patti Territoriali” (2012)
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