The employment activated by the National Recovery and Resilience Plan in the construction sector at the regional level

Silvia Anna Maria Camussi, Davide Dottori, Marco Mancinelli, Anna Laura Mancini, Francesca Modena, Pasquale Recchia, Emanuele Russo and Giulia Martina Tanzi
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Silvia Anna Maria Camussi: Bank of Italy, Torino Branch
Marco Mancinelli: Bank of Italy, Ancona Branch
Anna Laura Mancini: Bank of Italy, Torino Branch
Pasquale Recchia: Bank of Italy, Bari Branch
Emanuele Russo: Bank of Italy, Genova Branch
Giulia Martina Tanzi: Bank of Italy, Milano Branch

Economia e Politica Industriale: Journal of Industrial and Business Economics, 2024, vol. 51, issue 2, No 4, 299-324

Abstract: Abstract This work estimates the regional employment generated by the National Recovery and Resilience Plan in the construction sector in Italy, based on the resources already assigned to new projects. These resources are associated with the creation of regional value added, estimated using a standard Leontief model applied to 2019 Input–Output tables. Then, the number of employees needed to reach the expected increase in production is derived. In the second part of the analysis, possible channels to satisfy the estimated labour demand are discussed, taking into account the regional heterogeneity in labour supply and workers’ mobility.

Keywords: Employment; National Recovery and Resilience Plan; Labour mobility; Regional economies; Construction sector; Demand shock; Input–Output (search for similar items in EconPapers)
JEL-codes: D57 H50 J2 (search for similar items in EconPapers)
Date: 2024
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Working Paper: The employment activated by the National Recovery and Resilience Plan in the construction sector at the regional level (2023)
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DOI: 10.1007/s40812-024-00301-8

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