Understanding Regional Development : Absorption, Institutions and Socio-economic Growth in the Regions of the European Union- A Case Study on Italy

Language: English

Published by Peter Lang, 2008

3631575491 / 9783631575499

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Druck auf Anfrage Neuware - Printed after ordering - This book explores the efficacy of costly redistributive measures taken by the European Union in the form of structural funding within the context of Italian regional development. It addresses divergent outcomes in socio-economic growth observed between the Center-North and Mezzogiorno regions in light of Structural Fund allocations assigned during the last two distribution periods (years 1994-2000 and 2000-2006). In doing so, the study establishes that performance outcomes fail to correspond with patterns in funding, as the Mezzogiorno, despite receiving up to three times the amount of structural funding than its Center-Northern counterpart, has yet to realize the same degree of growth (whether in absolute terms or trends in performance), thereby indicating the role of non-financial factors in influencing development. The author develops a novel model of regional absorption that weds assumptions derived from absorption literature concerning the role of administrative capacity and rent seeking, with the economic institutionalism of Douglass C. North (1990), particularly his transaction cost theory of exchange. The application of this model to two representative case studies, Tuscany and Sardinia, affirms the necessity in bolstering administrative capacity while curbing rent seeking within regional institutions as a means of lowering transaction costs and thereby increasing the productive absorption of Structural Funds. The book bridges political and economic approaches to understanding the issue of regional development.; Dissertationsschrift.

Seller Inventory # 9783631575499

Title
Understanding Regional Development : Absorption, Institutions and Socio-economic Growth in the Regions of the European Union- A Case Study on Italy
Author
Lorraine Frisina
Publisher
Peter Lang
Publication year
2008
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3631575491
ISBN 13
9783631575499
Item weight
300 grams
Dimensions
210x148x12 mm

AHA-BUCH GmbH

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