Redistribution and risk sharing in Italy: learning from the past
评估意大利长期跨区域净财政流动的再分配和风险分担功能，对比不同区域政策时期的差异，发现评估国家财政政策的区域效应需考虑政策体制因素，尤其是政府支出在经常性支出与公共投资之间的分配。
Redistribution and risk sharing in Italy: learning from the past. Regional Studies. This paper investigates the role of public policies in Italy by assessing both the redistribution and the risk-sharing functions of interregional net fiscal flows in the long run. Its comparative approach allows one to contrast results obtained for two periods characterized by diverse regional policy and dynamics of regional convergence. Although based on a specific example, the evidence supports more general conclusions: when assessing the regional redistributive and risk-sharing power of national fiscal policies, many different factors related to the existing policy regime should be accounted for, particularly the distribution of government spending between current expenditure and public investment.