Regional Development and Public Spending: The Case of Italy

Alfredo Del Monte and Antonio Acconcia

STUDI ECONOMICI, 2000, vol. 2000/72, issue 72

Abstract: Regional Development and Public Spending: the Case of Italy (by Antonio Acconcia, Alfredo Del Monte) - ABSTRACT: In Italy redistribution and regional policies have been implemented since World War II; poorer regions have been receiving large amount of public funds, namely public consumption and infrastructure investment, to stimulate economic activity or, more generally, to increase welfare. Starting with this premise, the paper analyses the effects of public spending on regional growth in Italy. Taking advantage of both the spatial and the time dimension of the available data, we offer results of two distinct panel analyses which stress the cross-section or the time dimension, respectively. The main results are the following: there is a positive relationship between regional growth and infrastructure capital which mainly holds for the Manufacturing sector; within the Manufacturing sector, the impact of public investment on productivity is noticeably stronger for the low-income group of regions than for the high-income group of regions. No positive impact of public consumption on productivity is detected. Keywords: regional disparities; infrastructure investment; public consumption. JEL Classification: O18, H54

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.francoangeli.it/riviste/Scheda_Rivista. ... 505&Tipo=ArticoloPDF (text/html)
Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fan:steste:v:html10.3280/ste2000-072001

Ordering information: This journal article can be ordered from
http://www.francoang ... io.aspx?IDRivista=59

Access Statistics for this article

STUDI ECONOMICI is currently edited by FrancoAngeli

More articles in STUDI ECONOMICI from FrancoAngeli Editore
Bibliographic data for series maintained by Stefania Rosato ().