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Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011

Research output: Working paper

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Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011. / Ferraresi, Massimiliano Ferraresi; Migali, Giuseppe; Rizzo, Leonzio et al.
Lancaster: Lancaster University, Department of Economics, 2016. (Economics department working paper series).

Research output: Working paper

Harvard

Ferraresi, MF, Migali, G, Rizzo, L & Nordi, FN 2016 'Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011' Economics department working paper series, Lancaster University, Department of Economics, Lancaster.

APA

Ferraresi, M. F., Migali, G., Rizzo, L., & Nordi, F. N. (2016). Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011. (Economics department working paper series). Lancaster University, Department of Economics.

Vancouver

Ferraresi MF, Migali G, Rizzo L, Nordi FN. Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011. Lancaster: Lancaster University, Department of Economics. 2016 Aug. (Economics department working paper series).

Author

Ferraresi, Massimiliano Ferraresi ; Migali, Giuseppe ; Rizzo, Leonzio et al. / Spatial interaction in local expenditures among Italian municipalities : evidence from Italy 2001-2011. Lancaster : Lancaster University, Department of Economics, 2016. (Economics department working paper series).

Bibtex

@techreport{9f9d4a49f35048ad9cdd6cff03640b7e,
title = "Spatial interaction in local expenditures among Italian municipalities: evidence from Italy 2001-2011",
abstract = "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 and statistically significant 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 do 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.",
keywords = "Local public spending interaction, spillovers, yardstick competition, spatial econometrics, dynamic panel data, system GMM",
author = "Ferraresi, {Massimiliano Ferraresi} and Giuseppe Migali and Leonzio Rizzo and Nordi, {Francesca Nordi}",
year = "2016",
month = aug,
language = "English",
series = "Economics department working paper series",
publisher = "Lancaster University, Department of Economics",
type = "WorkingPaper",
institution = "Lancaster University, Department of Economics",

}

RIS

TY - UNPB

T1 - Spatial interaction in local expenditures among Italian municipalities

T2 - evidence from Italy 2001-2011

AU - Ferraresi, Massimiliano Ferraresi

AU - Migali, Giuseppe

AU - Rizzo, Leonzio

AU - Nordi, Francesca Nordi

PY - 2016/8

Y1 - 2016/8

N2 - 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 and statistically significant 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 do 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.

AB - 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 and statistically significant 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 do 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.

KW - Local public spending interaction

KW - spillovers

KW - yardstick competition

KW - spatial econometrics

KW - dynamic panel data

KW - system GMM

M3 - Working paper

T3 - Economics department working paper series

BT - Spatial interaction in local expenditures among Italian municipalities

PB - Lancaster University, Department of Economics

CY - Lancaster

ER -