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The employment activated by the National Recovery and Resilience Plan in the construction sector at the regional level

Author

Listed:
  • Silvia Anna Maria Camussi

    (Bank of Italy, Torino Branch)

  • Davide Dottori

    (Bank of Italy, Ancona Branch)

  • Marco Mancinelli

    (Bank of Italy, Ancona Branch)

  • Anna Laura Mancini

    (Bank of Italy, Torino Branch)

  • Francesca Modena

    (Bank of Italy, Trento Branch)

  • Pasquale Recchia

    (Bank of Italy, Bari Branch)

  • Emanuele Russo

    (Bank of Italy, Genova Branch)

  • Giulia Martina Tanzi

    (Bank of Italy, Milano Branch)

Abstract

This work estimates the regional employment generated by the National Recovery and Resilience Plan in the construction sector in Italy, based on the resources already assigned to new projects. These resources are associated with the creation of regional value added, estimated using a standard Leontief model applied to 2019 Input–Output tables. Then, the number of employees needed to reach the expected increase in production is derived. In the second part of the analysis, possible channels to satisfy the estimated labour demand are discussed, taking into account the regional heterogeneity in labour supply and workers’ mobility.

Suggested Citation

  • Silvia Anna Maria Camussi & Davide Dottori & Marco Mancinelli & Anna Laura Mancini & Francesca Modena & Pasquale Recchia & Emanuele Russo & Giulia Martina Tanzi, 2024. "The employment activated by the National Recovery and Resilience Plan in the construction sector at the regional level," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 51(2), pages 299-324, June.
    • Handle: RePEc:spr:epolin:v:51:y:2024:i:2:d:10.1007_s40812-024-00301-8
    DOI: 10.1007/s40812-024-00301-8
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    References listed on IDEAS

    as
    1. Knop, Stephen J. & Vespignani, Joaquin L., 2014. "The sectorial impact of commodity price shocks in Australia," Economic Modelling, Elsevier, vol. 42(C), pages 257-271.
    2. Daron Acemoglu & Ufuk Akcigit & William Kerr, 2016. "Networks and the Macroeconomy: An Empirical Exploration," NBER Macroeconomics Annual, University of Chicago Press, vol. 30(1), pages 273-335.
    3. Christoph E. Boehm & Aaron Flaaen & Nitya Pandalai-Nayar, 2019. "Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tōhoku Earthquake," The Review of Economics and Statistics, MIT Press, vol. 101(1), pages 60-75, March.
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    More about this item

    Keywords

    Employment; National Recovery and Resilience Plan; Labour mobility; Regional economies; Construction sector; Demand shock; Input–Output;
    All these keywords.

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

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