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

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  • Accetturo, Antonio
  • de Blasio, Guido
  • Ricci, Lorenzo
Abstract
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.

Suggested Citation

  • Accetturo, Antonio & de Blasio, Guido & Ricci, Lorenzo, 2014. "A tale of an unwanted outcome: Transfers and local endowments of trust and cooperation," Journal of Economic Behavior & Organization, Elsevier, vol. 102(C), pages 74-89.
    • Handle: RePEc:eee:jeborg:v:102:y:2014:i:c:p:74-89
    DOI: 10.1016/j.jebo.2014.03.015
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    More about this item

    Keywords

    Social capital; Political economy; Regional transfers;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • Z1 - Other Special Topics - - Cultural Economics

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