A tale of an unwanted outcome: Transfers and local endowments of trust and cooperation

被引:33
作者
Accetturo, Antonio [1 ]
de Blasio, Guido [1 ]
Ricci, Lorenzo [1 ]
机构
[1] Bank Italy, Trento Branch, Econ Res Unit, I-38122 Trento, Italy
关键词
Social capital; Political economy; Regional transfers; AGGLOMERATION ECONOMIES; DISCONTINUITY; EQUILIBRIUM; POLICIES; GROWTH; AID;
D O I
10.1016/j.jebo.2014.03.015
中图分类号
F [经济];
学科分类号
02 ;
摘要
Transfers can do good: however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU structural funds causes a deterioration of the endowments of trust and cooperation in the subsidized regions. (C) 2014 Elsevier B.V. All rights reserved.
引用
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页码:74 / 89
页数:16
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