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 | ||||
Fraction of funds used in 2007–13 ([0–1] scale) | 0.0004 | −0.0051 | −0.0005 | −0.0015 | −0.0299*** | −0.0411*** |
(0.0057) | (0.0060) | (0.0017) | (0.0016) | (0.0114) | (0.0107) | |
Controls selected by the double selection procedure: | ||||||
ln(allocated per capita funds) | −0.0156 | −0.0030** | 0.0023 | 0.0001 | −0.0134 | 0.0000 |
(0.0126) | (0.0012) | (0.0037) | (0.0004) | (0.0293) | (0.0024) | |
Fraction of surface composed of municipalities on the coast | −0.0017 | 0.0004 | 0.0017*** | 0.0112** | ||
(0.0022) | (0.0007) | (0.0005) | (0.0048) | |||
ln(house price per sqm)2005 | 0.0543*** | 0.0052*** | −0.0002 | 0.0123 | ||
(0.0183) | (0.0017) | (0.0054) | (0.0309) | |||
ln(employment)2006 | 0.1354 | −0.0466 | 0.0005*** | 1.6803*** | ||
(0.2105) | (0.0552) | (0.0002) | (0.3537) | |||
ln(house price per sqm)2006 | 0.0010 | 0.0015 | −0.1567*** | −0.0300*** | ||
(0.0160) | (0.0051) | (0.0333) | (0.0036) | |||
Empl rate2007 | 0.4741 | −0.0038 | 0.1419 | 0.0032 | 1.5045 | 0.2700*** |
(0.9156) | (0.0181) | (0.2766) | (0.0055) | (2.2212) | (0.0378) | |
ln(house price per sqm)2007 | −0.0666** | 0.0260*** | 0.0007 | 0.0235 | ||
(0.0284) | (0.0083) | (0.0005) | (0.0917) | |||
Population growth 2004-07 | −0.3565 | 0.2178*** | 0.0806 | 0.2144*** | −0.3818 | |
(1.3934) | (0.0330) | (0.4171) | (0.0108) | (3.0219) | ||
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 | 0.2695 | 0.8396 | 0.7778 | 0.4862 | 0.2429 |