PThe Spatial Impact of a Local Investment Project Using a Multi-Regional Sam Model of Italy

Darlington Agbonifi (), Daniele Cufari (), Francesco Pecci (), Federico Perali (), Pasquale Lucio Scandizzo () and Riccardo Magnani ()
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Darlington Agbonifi: University of Verona
Daniele Cufari: University of Rome “Tor Vergataâ€
Francesco Pecci: Economics Living Lab
Federico Perali: University of Verona and Economics Living Lab
Pasquale Lucio Scandizzo: University of Rome “Tor Vergataâ€
Riccardo Magnani: Universite´ Sorbonne Paris Nord and CEPN

Rivista Internazionale di Scienze Sociali, 2025, vol. 133, issue 1, 111-138

Abstract: This study estimates the socio-economic impact of investments related to the Institutional Development Contract (CIS) for the city of Taranto on different categories of households, labor markets and firms in Italy using a multiregional SAM model (MR-SAM) with interregional trade. The study concludes that about 28% of the total impact is cross-regional. Around 37 % of the interregional impacts are attributable to the regions near Apulia in southern Italy, 25 % to the regions in central Italy and 38 % to the regions in the north. The study suggests that the analysis of the impact considering only the area where the investment is developed as an island detached from the whole economic system can be misleading as it does not provide information on the spread of the impact outside the administrative boundaries of the local economy.

Keywords: Inter-Regional Trade; Multi-Regional Input-Output Analysis; Project Impact Evaluation; PNRR (search for similar items in EconPapers)
JEL-codes: C67 D57 F14 Q56 Q58 R15 (search for similar items in EconPapers)
Date: 2025
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