European structural funds during the crisis: evidence from Southern Italy

Emanuele Ciani and Guido de Blasio

No 1029, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: We investigate the effectiveness of European Structural Funds on employment, population and house prices in 325 Local Labor Markets (LLM) located in Southern Italy. We exploit the variability in disbursements between 2007 and 2013 and estimate the impact of the interventions by allowing for LLM-specific fixed features and LLM-specific time trends. We find that the ability of these funds to offset the negative consequences of the economic crisis seems to have been limited.

Keywords: place-based policies; EU structural funds; local labor markets (search for similar items in EconPapers)
JEL-codes: J01 J23 J61 (search for similar items in EconPapers)
Date: 2015-09
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Citations: View citations in EconPapers (32)

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Journal Article: European structural funds during the crisis: evidence from Southern Italy (2015)
Working Paper: European Structural Funds During the Crisis: Evidence from Southern Italy (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:wptemi:td_1029_15

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