Public works in Italy: time to completion and its determinants
Carla Carlucci (),
Cristina Giorgiantonio () and
Tommaso Orlando ()
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Carla Carlucci: Agency for Territorial Cohesion
Cristina Giorgiantonio: Bank of Italy
Tommaso Orlando: Bank of Italy
No 538, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area
This paper analyzes the overall duration of public works projects in Italy, as well as that of the individual phases of their realization. It exploits a database created and managed by the Agency for Territorial Cohesion, containing information on projects undertaken in the period 2000-2013 under EU cohesion policies. Using statistical duration models, we show that a relevant contribution to the overall time to completion is attributable to the design phase, as well as to a set of “ancillary activities” having mainly procedural and bureaucratic nature. Focusing on the municipalities of Southern Italy, the second part of the paper presents evidence on the correlation between project duration and some characteristics of the administrative and institutional environment. Relationships emerge, in particular, between time to completion and the composition of the public workforce employed by municipalities, the composition of local political bodies, and individual characteristics of mayors. The type of procedure used for awarding the contracts, on the other hands, affects realization duration only weakly.
Keywords: public works; public procurement; cohesion policies (search for similar items in EconPapers)
JEL-codes: H54 H57 R58 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:opques:qef_538_19
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