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Table 1 The effects of European Structural Funds, Southern Italy, 2008-2013

From: European structural funds during the crisis: evidence from Southern Italy

  (1) (2) (3) (4) (5) (6)
  Annual 2008–2013 growth in: Average 2008–2013 growth in:
  Employment Population House price per sqm Employment Population House price per sqm
ln(annual per capita payments)t −0.0002 0.0004 0.0004    
(0.0010) (0.0003) (0.0015)    
ln(cumulative per capita payments 07–13)     −0.0027** 0.0011 −0.0027
    (0.0013) (0.0007) (0.0023)
Obs 1950 1950 1950 325 325 325
R2 0.2152 0.0471 0.2460 0.0124 0.0069 0.0029
  1. Note:
  2. The unit of observation is the LLM over time. Data on payments come from Open-coesione. Employment refers to the average annual employment from the LFS survey. Population is obtained from ISTAT data (inter-census reconstruction). Price per square meter is from OMI, aggregated at the municipality level using the method described in Cannari and Faiella (2008). The regressions include a constant and year fixed effects. Standard errors clustered for LLM in parentheses (robust s.e. for average growth). The average growth over 2008–13 is calculated as a geometric average
  3. *p < .10 **p < .05 ***p < .01