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Redistribution and risk sharing in Italy: learning from the past
Redistribution and risk sharing in Italy: learning from the past. Regional Studies. This paper investigates the role of public policies in Italy by assessing both the redistribution and the risk-sharing functions of interregional net fiscal flows in the long run. Its comparative approach allows one to contrast results obtained for two periods characterized by diverse regional policy and dynamics of regional convergence. Although based on a specific example, the evidence supports more general conclusions: when assessing the regional redistributive and risk-sharing power of national fiscal policies, many different factors related to the existing policy regime should be accounted for, particularly the distribution of government spending between current expenditure and public investment.
Redistribution and risk sharing in Italy: learning from the past
Redistribution and risk sharing in Italy: learning from the past. Regional Studies. This paper investigates the role of public policies in Italy by assessing both the redistribution and the risk-sharing functions of interregional net fiscal flows in the long run. Its comparative approach allows one to contrast results obtained for two periods characterized by diverse regional policy and dynamics of regional convergence. Although based on a specific example, the evidence supports more general conclusions: when assessing the regional redistributive and risk-sharing power of national fiscal policies, many different factors related to the existing policy regime should be accounted for, particularly the distribution of government spending between current expenditure and public investment.
Redistribution and risk sharing in Italy: learning from the past
Petraglia, Carmelo (author) / Pierucci, Eleonora (author) / Scalera, Domenico (author)
Regional Studies ; 52 ; 285-297
2018-02-01
13 pages
Article (Journal)
Electronic Resource
English
net fiscal flows , redistribution , risk sharing , regions , 淨财政流 , 再分配 , 风险分担 , 区域 , mécanismes fiscaux nets , partage des risques , régions , Nettofiskalströme , Umverteilung , Risikoteilung , Regionen , flujos fiscales netos , redistribución , riesgo compartido , regiones , E62 , H23 , H50 , R11
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