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http://hdl.handle.net/2445/112794| Title: | Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011 |
| Author: | Ferraresi, Massimiliano Migali, Giuseppe Nordi, Francesca Rizzo, Leonzio |
| Keywords: | Espais públics Models economètrics Itàlia Public spaces Econometric models Italy |
| Issue Date: | 2016 |
| Publisher: | Institut d’Economia de Barcelona |
| Series/Report no: | [WP E-IEB16/22] |
| Abstract: | We investigate the existence of spatial interaction in spending decisions among Italian municipalities. We estimate a spatial autoregressive dynamic panel data model, using information on 5,564 Italian municipalities over the period 2001-2011, exploiting their border contiguity as a measure of spatial neighborhood. We find a positive effect of neighboring expenditures on total, capital and current expenditures of a given municipality. We do not find any evidence of yardstick competition when we take account of political effects, while we find a negative relationship between spatial interaction and the size of the municipality for current expenditure. Thus, we conclude that spillover effects drive the strategic interaction. |
| Note: | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
| It is part of: | IEB Working Paper 2016/22 |
| URI: | http://hdl.handle.net/2445/112794 |
| Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| IEB16-22_Massimiliano.pdf | 1.74 MB | Adobe PDF | View/Open |
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