Public capital and institutions' quality in the Italian regions
Federico Aresu,
Emanuela Marrocu,
Raffaele Paci
Abstract:This paper investigates the role played by public capital on the production level of Italian regions by specifically accounting for the quality of institutions. Our analysis, carried out over the period 2000–2019, benefits from a rich data set on public expenditures. This allows us to build the regional public capital stock by distinguishing among public institutions in charge of the investments and sectors of intervention. While controlling for several contextual variables (human capital, technological capita… Show more
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