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Table 11 The effects of European Structural Funds payments and their lags on annual growth, 2010-2013

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

Annual 2010–13 growth in: (1) (2) (3) (4) (5) (6) (7) (8) (9)
Employment Population House price per sqm
ln(annual pc payments)t 0.0113*** 0.0062** 0.0076*** −0.0001 0.0004 0.0003 −0.0016 −0.0010 0.0021
(0.0041) (0.0028) (0.0029) (0.0004) (0.0004) (0.0004) (0.0028) (0.0025) (0.0026)
ln(annual pc payments)t-1 0.0001 −0.0017 −0.0017 −0.0006* −0.0005* −0.0005* −0.0077* −0.0020 −0.0060*
(0.0027) (0.0026) (0.0024) (0.0003) (0.0003) (0.0003) (0.0040) (0.0022) (0.0033)
ln(annual pc payments)t −2 0.0002 −0.0000 −0.0010 0.0002 0.0001 0.0003 0.0021 0.0038 0.0001
(0.0021) (0.0019) (0.0017) (0.0002) (0.0002) (0.0002) (0.0040) (0.0024) (0.0020)
Additional controls LLM FE All f i ′; Chosen by double selection LLM FE All f i ′; Chosen by double selection LLM FE All f i ′; Chosen by double selection
f i ′ × t; f i ′ × t; f i ′ × t;
f i ′ × t 2 f i ′ × t 2 f i ′ × t 2
Obs 1300 1300 1300 1300 1300 1300 1300 1300 1300
  1. Note:
  2. See Table 2 for other info. Standard errors clustered for LLM in parentheses. Columns (1), (4), (7) include only LLM FE, with no additional controls. To avoid introducing an additional source of variation, controls in columns (3), (6), (9) are the same selected for Table 2
  3. *p < .10 **p < .05 ***p < .01