Policies for Local Development: An Evaluation of Italy's 'Patti Territoriali'

49 Pages Posted: 9 May 2011

Date Written: January 12, 2011

Abstract

In Italy, Patti Territoriali (Territorial Pacts) are one of the main government-sponsored programmes to foster growth in disadvantaged areas. A territorial pact is an agreement among the local authorities and representatives of civil society (mainly entrepreneurs and trade unions) of a number of neighbouring municipalities that is subsequently endorsed by the central government. It consists in a fully-fledged development plan, including a series of private and public investments for which public funding is provided. This paper evaluates the effectiveness of territorial pacts by comparing the economic performance, in terms of employment and number of plants, of participating municipalities with a sample of municipalities not involved in the policy. The results suggest that the programme has been largely ineffective in stimulating growth.

Keywords: regional aid, regional growth, ownership

JEL Classification: R0, H2

Suggested Citation

Accetturo, Antonio and de Blasio, Guido, Policies for Local Development: An Evaluation of Italy's 'Patti Territoriali' (January 12, 2011). Bank of Italy Temi di Discussione (Working Paper) No. 789, Available at SSRN: https://ssrn.com/abstract=1830003 or http://dx.doi.org/10.2139/ssrn.1830003

Antonio Accetturo (Contact Author)

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Guido De Blasio

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

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