Stochastic Frontiers Approach: an Empirical Analysis of Italian Environmental Spending

Autor: Auci, S., Castelli, Annalisa, Vignani, D.
Přispěvatelé: Auci, S, Castelli, A, Vignani, D
Jazyk: angličtina
Rok vydání: 2012
Předmět:
Popis: Using the stochastic frontiers approach (SFA) on a panel of Italian regional data, this paper tries to analyse the optimal design of environmental spending. The main question is, so forth, studying centralization vs decentralization of a public economic function, such as the protection of the environment, in order to improve the welfare of a country. Empirical results on Italy are ambiguous: the changing from a centralized to a decentralized government, giving more autonomy to local units, does not highlight a clear improvement in regional economic performance.
Databáze: OpenAIRE