%T Regional redistribution and risk sharing in Italy: the role of different tiers of government
%A Zanardi, Alberto
%A Arachi, Giampaolo
%A Ferrario, Caterina
%J Regional Studies
%N 1
%P 55-69
%V 44
%D 2010
%K Fiscal policy; Redistribution; Risk sharing; Inter-governmental relations; Regions
%= 2011-02-11T11:38:00Z
%~ http://www.peerproject.eu/
%> http://nbn-resolving.de/urn:nbn:de:0168-ssoar-215966
%X This paper provides estimates of the redistribution and risk sharing across regional jurisdictions accomplished by the public sector in Italy. In this analysis the multi-level structure of the Italian government and the financial relations which link the different layers of government are explicitly considered. Using panel data for the period 1996-2002 we find that public policies in Italy significantly reduce differences in per-capita GDP across regions. However public budget, far from providing insurance against idiosyncratic shocks, greatly emphasizes income fluctuations across regions.
%C Vereinigtes K├Ânigreich
%G en
%9 Zeitschriftenartikel
%W GESIS - http://www.gesis.org
%~ SSOAR - http://www.ssoar.info