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    Rights statement: This is an Accepted Manuscript of an article published by Taylor & Francis in Regional Studies on 17/01/2018, available online: http://www.tandfonline.com/10.1080/00343404.2017.1415429

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Spillover effects in local public spending

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Spillover effects in local public spending. / Migali, Giuseppe; Ferraresi, Massimiliano; Rizzo, Leonzio.
In: Regional Studies, Vol. 52, No. 11, 11.2018, p. 1570-1584.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Migali, G, Ferraresi, M & Rizzo, L 2018, 'Spillover effects in local public spending', Regional Studies, vol. 52, no. 11, pp. 1570-1584. https://doi.org/10.1080/00343404.2017.1415429

APA

Migali, G., Ferraresi, M., & Rizzo, L. (2018). Spillover effects in local public spending. Regional Studies, 52(11), 1570-1584. https://doi.org/10.1080/00343404.2017.1415429

Vancouver

Migali G, Ferraresi M, Rizzo L. Spillover effects in local public spending. Regional Studies. 2018 Nov;52(11):1570-1584. Epub 2018 Jan 17. doi: 10.1080/00343404.2017.1415429

Author

Migali, Giuseppe ; Ferraresi, Massimiliano ; Rizzo, Leonzio. / Spillover effects in local public spending. In: Regional Studies. 2018 ; Vol. 52, No. 11. pp. 1570-1584.

Bibtex

@article{c9d7880164d44ce79aa6e2c47bc027b4,
title = "Spillover effects in local public spending",
abstract = "This paper investigated the fiscal interactions between Italian municipalities over the period 2001–11 and found a positive horizontal interdependence in spending decisions. The results are robust to different specifications of the spatial neighbours and are confirmed by a natural experiment (an earthquake in the Abruzzo region of Italy in 2009) that creates an exogenous variation in the neighbours{\textquoteright} spending. Furthermore, there is no evidence of yardstick competition when one considers political effects, while a negative relationship is found between spatial interaction and the size of the municipality. Thus, it can be concluded that spillover effects drive the strategic interactions in spending decisions.",
keywords = "local public spending interactions, spillovers, yardstick competition, spatial econometrics, dynamic panel data, natural disaster, internal and external instruments",
author = "Giuseppe Migali and Massimiliano Ferraresi and Leonzio Rizzo",
note = "This is an Accepted Manuscript of an article published by Taylor & Francis in Regional Studies on 17/01/2018, available online: http://www.tandfonline.com/10.1080/00343404.2017.1415429",
year = "2018",
month = nov,
doi = "10.1080/00343404.2017.1415429",
language = "English",
volume = "52",
pages = "1570--1584",
journal = "Regional Studies",
issn = "0034-3404",
publisher = "Taylor amp; Francis",
number = "11",

}

RIS

TY - JOUR

T1 - Spillover effects in local public spending

AU - Migali, Giuseppe

AU - Ferraresi, Massimiliano

AU - Rizzo, Leonzio

N1 - This is an Accepted Manuscript of an article published by Taylor & Francis in Regional Studies on 17/01/2018, available online: http://www.tandfonline.com/10.1080/00343404.2017.1415429

PY - 2018/11

Y1 - 2018/11

N2 - This paper investigated the fiscal interactions between Italian municipalities over the period 2001–11 and found a positive horizontal interdependence in spending decisions. The results are robust to different specifications of the spatial neighbours and are confirmed by a natural experiment (an earthquake in the Abruzzo region of Italy in 2009) that creates an exogenous variation in the neighbours’ spending. Furthermore, there is no evidence of yardstick competition when one considers political effects, while a negative relationship is found between spatial interaction and the size of the municipality. Thus, it can be concluded that spillover effects drive the strategic interactions in spending decisions.

AB - This paper investigated the fiscal interactions between Italian municipalities over the period 2001–11 and found a positive horizontal interdependence in spending decisions. The results are robust to different specifications of the spatial neighbours and are confirmed by a natural experiment (an earthquake in the Abruzzo region of Italy in 2009) that creates an exogenous variation in the neighbours’ spending. Furthermore, there is no evidence of yardstick competition when one considers political effects, while a negative relationship is found between spatial interaction and the size of the municipality. Thus, it can be concluded that spillover effects drive the strategic interactions in spending decisions.

KW - local public spending interactions

KW - spillovers

KW - yardstick competition

KW - spatial econometrics

KW - dynamic panel data

KW - natural disaster

KW - internal and external instruments

U2 - 10.1080/00343404.2017.1415429

DO - 10.1080/00343404.2017.1415429

M3 - Journal article

VL - 52

SP - 1570

EP - 1584

JO - Regional Studies

JF - Regional Studies

SN - 0034-3404

IS - 11

ER -