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RESEARCH PRODUCT

Stochastic Frontiers Approach: an Empirical Analysis of Italian Environmental Spending

S. AuciAnnalisa CastelliD. Vignani

subject

environmental spending decentralization Stochastic Frontiers Approach

description

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.

yearjournalcountryeditionlanguage
2012-01-01
http://hdl.handle.net/10447/78226