PUBLIC SPENDING AND REGIONAL CONVERGENCE IN ITALY

Vittorio Daniele

Journal of Applied Economic Sciences, 2009, vol. 4, issue 2(8)_Summer 2009

Abstract: This paper examines the relationship between public spending and regional growth in Italy in the period 1996-2007. The main results suggest that, in the period examined, a phase of RO and beta-convergence in productivity took place. Despite the profound regional disparities existing in Italy, the allocation of public spending calculated in per capita terms has favoured the most developed regions. When the entire sample of twenty regions is considered, no correlation between capital expenditure and productive growth is found. When the sample is split into Northern and Southern regions, differences in the links between public spending and productivity growth can be noted, however: only in the first group of regions, in fact, a significant, positive relationship between expenditure for development and growth can be found.

Keywords: Italy; regional convergence; development policy; public spending (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.jaes.reprograph.ro/articles/summer2009/VittoroD.pdf (application/pdf)

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:ush:jaessh:v:4:y:2009:i:2(8)_summer2009:69

Access Statistics for this article

Journal of Applied Economic Sciences is currently edited by Laura Stefanescu

More articles in Journal of Applied Economic Sciences from Spiru Haret University, Faculty of Financial Management and Accounting Craiova Contact information at EDIRC.
Bibliographic data for series maintained by Laura Stefanescu ().