STRUCTURAL FUNDS AND ECONOMIC DIVIDE IN ITALY

Francesco Aiello () and Valeria Pupo ()
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Valeria Pupo: Dipartimento di Economia e Statistica, Università della Calabria

No 200914, Working Papers from Università della Calabria, Dipartimento di Economia e Statistica

Abstract: This paper aims to provide a contribution to the debate on the effectiveness of cohesion policies in Italy. The focus is on the territorial effects of EU spending from 1996 to 2007. The empirical analysis is based on the estimate of an expanded neoclassical growth model in which the Structural Funds are one of the variables that explain the convergence across Italian regions. Using panel data and a dynamic panel estimator we find that the Structural Funds, even having had a greater impact in the South compared to the Centre-North, have not contributed to reduce the economic divide in Italy.

Keywords: Structural Funds; Regional Policy; Economic Divide in Italy (search for similar items in EconPapers)
JEL-codes: H50 R58 O47 (search for similar items in EconPapers)
Date: 2009-10

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http://www.ecostat.unical.it/RePEc/WorkingPapers/WP14_2009.pdf First version, 2009-10 (application/pdf)

Related works:
Working Paper: Structural Funds and Economic Divide in Italy (2009)
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Persistent link: http://EconPapers.repec.org/RePEc:clb:wpaper:200914

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