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Title:
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Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011
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Author:
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Ferraresi, Massimiliano; Migali, Giuseppe; Nordi, Francesca; Rizzo, Leonzio
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Notes:
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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. |
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Subject(s):
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-Espais públics
-Models economètrics
-Itàlia
-Public spaces
-Econometric models
-Italy |
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Rights:
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cc-by-nc-nd, (c) Ferraresi et al., 2016
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
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Document type:
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Working Paper |
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Published by:
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Institut d’Economia de Barcelona
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