Policies for local development: An evaluation of Italy's “Patti Territoriali”

Antonio Accetturo and Guido de Blasio

Regional Science and Urban Economics, 2012, vol. 42, issue 1-2, 15-26

Abstract: In Italy, Patti Territoriali (Territorial Pacts, TPs) are one of the most important government sponsored programs aimed at fostering growth in disadvantaged areas. A TP is an agreement between local governments and representatives of civil society (mainly entrepreneurs and trade unions) of a number of neighboring municipalities, which is subsequently endorsed by the central government. The agreement consists of a fully-fledged development plan, which includes a series of private and public investments for which public funding is provided. This paper evaluates the effectiveness of TPs by comparing the economic performance – in terms of employment and number of plants – of the municipalities taking part in a TP with a sample of municipalities not involved in the policy. The results suggest that the program 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: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

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Working Paper: Policies for local development: an evaluation of Italy's "Patti Territoriali" (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:42:y:2012:i:1:p:15-26

DOI: 10.1016/j.regsciurbeco.2011.04.005

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