From: European structural funds during the crisis: evidence from Southern Italy
(1) | (2) | (3) | (4) | (5) | (6) | |
---|---|---|---|---|---|---|
Average 2008–2013 growth in: | ||||||
Employment | Population | House price per sqm | ||||
ln(cumulative pc payments 07–13) | −0.0001 | −0.0035 | 0.0002 | −0.0002 | −0.0118** | −0.0093** |
(0.0026) | (0.0026) | (0.0007) | (0.0007) | (0.0049) | (0.0044) | |
Controls selected by the double selection procedure: | ||||||
ln(allocated per capita funds) | −0.0156 | 0.0003 | 0.0021 | 0.0004 | 0.0124 | 0.0072** |
(0.0126) | (0.0021) | (0.0038) | (0.0006) | (0.0293) | (0.0032) | |
fraction of surface composed of municipalities on the coast | −0.0017 | 0.0004 | 0.0017*** | 0.0112** | ||
(0.0022) | (0.0007) | (0.0005) | (0.0049) | |||
ln(house price per sqm)2005 | 0.0541*** | 0.0051*** | 0.0001 | 0.0149 | ||
(0.0182) | (0.0016) | (0.0054) | (0.0309) | |||
ln(employment)2006 | 0.1356 | −0.0471 | 0.0005*** | 1.6895*** | ||
(0.2104) | (0.0549) | (0.0002) | (0.3555) | |||
ln(house price per sqm)2006 | 0.0012 | 0.0012 | −0.1604*** | −0.0186*** | ||
(0.0158) | (0.0051) | (0.0334) | (0.0035) | |||
ln(house price per sqm)2007 | −0.0664** | 0.0257*** | 0.0008 | 0.0241 | ||
(0.0284) | (0.0083) | (0.0005) | (0.0915) | |||
population growth 2004-07 | −0.3647 | 0.2179*** | 0.0946 | 0.2158*** | −0.4706 | |
(1.3937) | (0.0323) | (0.4192) | (0.0106) | (3.0035) | ||
Additional controls | All remaining vars in f i ′ | No additional controls | All remaining vars in f i ′ | No additional controls | All remaining vars in f i ′ | No additional controls |
Obs | 325 | 325 | 325 | 325 | 325 | 325 |
R2 | 0.5031 | 0.2719 | 0.8396 | 0.7771 | 0.4836 | 0.1145 |