IDEAS home Printed from https://ideas.repec.org/p/udf/wpaper/2018117.html
   My bibliography  Save this paper

Lo stock di capitale comunale: indicazioni per le politiche di intervento infrastrutturale di Regione Lombardia

Author

Listed:
  • Leonzio Rizzo
  • Riccardo Secomandi

Abstract

Partendo dalle spese per investimento dei comuni lombardi nel periodo 2000-2015 e utilizzando il metodo dell’inventario permanente si è ricostruito lo stock di capitale pubblico a livello comunale per la regione Lombardia. Si mostra come alcune variabili come la popolazione e l’altitudine influiscano sullo stock di infrastrutture esistente. Per meglio comprendere le determinanti dello stock di infrastrutture pro-capite comunale, si è quindi provveduto ad effettuare una stima di quest’ultimo utilizzando la tecnica di regressione ai minimi quadrati. Utilizzando i coefficienti di questa regressione si è giunti alla definizione di una formula che permette di distribuire trasferimenti in conto capitale, tenendo conto dello stock di infrastrutture in essere. Infine si è confrontata l’effettiva distribuzione degli spazi finanziari, concessi da Regione Lombardia ai sensi della legge n. 243/2012, con una distribuzione teorica derivante dall’applicazione del modello delle infrastrutture standard.

Suggested Citation

  • Leonzio Rizzo & Riccardo Secomandi, 2018. "Lo stock di capitale comunale: indicazioni per le politiche di intervento infrastrutturale di Regione Lombardia," Working Papers 2018117, University of Ferrara, Department of Economics.
    • Handle: RePEc:udf:wpaper:2018117
    as

    Download full text from publisher

    File URL: http://out.economia.unife.it/uploads/dip_deit/quaderni/2018117.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lucio Picci, 1999. "Productivity and Infrastructure in the Italian Regions," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 58(3-4), pages 329-353, December.
    2. Sofia Levtchenkova & Jeffrey Petchey, 2000. "Regional Capital Stock Data for Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 33(2), pages 193-197, June.
    3. Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 69-112.
    4. L. Picci, 1995. "Lo Stock di capitale nelle Regioni Italiane," Working Papers 229, Dipartimento Scienze Economiche, Universita' di Bologna.
    5. repec:bla:ecopol:v:17:y:2005:i::p:37-75 is not listed on IDEAS
    6. Sophia Levtchenkova & Jeffrey D. Petchey, 2007. "A Model for Public Infrastructure Equalization in Transitional Economies," Springer Books, in: Jorge Martinez-Vazquez & Bob Searle (ed.), Fiscal Equalization, chapter 0, pages 345-362, Springer.
    7. Miriam A. Golden & Lucio Picci, 2005. "Proposal For A New Measure Of Corruption, Illustrated With Italian Data," Economics and Politics, Wiley Blackwell, vol. 17(1), pages 37-75, March.
    8. Randall W. Eberts, 1986. "Estimating the contribution of urban public infrastructure to regional growth," Working Papers (Old Series) 8610, Federal Reserve Bank of Cleveland.
    9. Jaya Josie & Garry MacDonald & Jeffrey Petchey, 2008. "A Dynamic Equalisation Model for Economic and Social Capital Grants with a South African Example," Journal of Development Studies, Taylor & Francis Journals, vol. 44(8), pages 1169-1189.
    10. Eliana La Ferrara & Massimiliano Marcellino, "undated". "TFP, Costs, and Public Infrastructure: An Equivocal Relationship," Working Papers 176, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    11. Baltagi, Badi H & Pinnoi, Nat, 1995. "Public Capital Stock and State Productivity Growth: Further Evidence from an Error Components Model," Empirical Economics, Springer, vol. 20(2), pages 351-359.
    12. Sophia Levtchenkova & Jeff Petchey, 2004. "A model for Public Infrastructure Equalization in Transitional Economies," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0414, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Valter Di Giacinto & Giacinto Micucci & Pasqualino Montanaro, 2010. "Dynamic Macroeconomic Effects of Public Capital: Evidence from Regional Italian Data," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 69(1), pages 29-66, April.
    2. Pedro R. D. Bom & Jenny Ligthart, 2008. "How Productive is Public Capital? A Meta-Analysis," CESifo Working Paper Series 2206, CESifo.
    3. Alfredo M. Pereira & Jorge M. Andraz, 2013. "On The Economic Effects Of Public Infrastructure Investment: A Survey Of The International Evidence," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(4), pages 1-37, December.
    4. Valter Di Giacinto & Giacinto Micucci & Pasqualino Montanaro, 2012. "The Macroeconomic Impact of Infrastructures: A Literature Review and Empirical Analysis on the Case of Italy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
    5. Angel De la Fuente, 2010. "Infrastructures and productivity: an updated survey," Working Papers 1018, BBVA Bank, Economic Research Department.
    6. Pedro R.D. Bom & Jenny E. Ligthart, 2009. "How Productive is Public Capital? A Meta-Regression Analysis," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0912, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    7. Pedro R.D. Bom & Jenny E. Ligthart, 2014. "What Have We Learned From Three Decades Of Research On The Productivity Of Public Capital?," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 889-916, December.
    8. Francesco Aiello & Camilla Mastromarco & Angelo Zago, 2011. "Be productive or face decline. On the sources and determinants of output growth in Italian manufacturing firms," Empirical Economics, Springer, vol. 41(3), pages 787-815, December.
    9. Emanuela Marrocu & Raffaele Paci, 2010. "The effects of public capital on the productivity of the Italian regions," Applied Economics, Taylor & Francis Journals, vol. 42(8), pages 989-1002.
    10. Silvia Saddi & Raffaele Paci, 2002. "Capitale pubblico e produttivit? nelle regioni italiane," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2002(3).
    11. Juan A. Núñez-Serrano & Francisco J. Velázquez, 2017. "Is Public Capital Productive? Evidence from a Meta-analysis," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 39(2), pages 313-345.
    12. Antonio Dal Bianco & Leonzio Rizzo & Riccardo Secomandi, 2023. "Lo stock di capitale comunale: indicazioni per le politiche di intervento infrastrutturale in Lombardia," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2023(1), pages 11-32.
    13. Torrisi, Gianpiero, 2009. "A multilevel analysis on the economic impact of public infrastructure and corruption on Italian regions," MPRA Paper 15487, University Library of Munich, Germany.
    14. Elisa Cal? & Roberta Garganese & Nunzio Mastrorocco, 2017. "Pianificazione strategica, strumenti di programmazione e attuazione degli investimenti nel settore dei trasporti: crescita del divario Nord-Sud," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2017(2), pages 135-161.
    15. Jorge Martinez-Vazquez & Andrey Timofeev, 2014. "Capital Infrastructure and Equity Objectives in Decentralized Systems," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1410, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    16. Raffaello Bronzini & Paolo Piselli, 2006. "Determinants of long-run regional productivity: the role of R&D, human capital and public infrastructure," Temi di discussione (Economic working papers) 597, Bank of Italy, Economic Research and International Relations Area.
    17. Huang, Bai & Lee, Tae-Hwy & Ullah, Aman, 2020. "Combined estimation of semiparametric panel data models," Econometrics and Statistics, Elsevier, vol. 15(C), pages 30-45.
    18. Ward Romp & Jakob De Haan, 2007. "Public Capital and Economic Growth: A Critical Survey," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(S1), pages 6-52, April.
    19. repec:cuf:journl:y:2014:v:15:i:2:calderon:serven is not listed on IDEAS
    20. David Alan Aschauer, 2000. "Do states optimize? Public capital and economic growth," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 34(3), pages 343-363.
    21. Jerome Creel & Gwenaelle Poilon, 2008. "Is public capital productive in Europe?," International Review of Applied Economics, Taylor & Francis Journals, vol. 22(6), pages 673-691.

    More about this item

    Keywords

    Perpetual Inventory Method; Public Investments; Public Capital Stock; pareggio di bilancio; patto di solidarietà orizzontale; federalismo fiscale;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H76 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other Expenditure Categories
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:udf:wpaper:2018117. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alberto Benati (email available below). General contact details of provider: https://edirc.repec.org/data/deferit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.