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

Author(s): Antonio Accetturo - Guido de Blasio - Lorenzo Ricci -

Language: English

Type: Journal article

Year: 2014

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.

Volume: 102

Issue: 0

From page no: 74

To page no: 89

Refereed: Yes

DOI:

Journal: Journal of Economic Behavior and Organization

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