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The employment activated by the National Recovery and Resilience Plan in the construction sector at the regional level

Author

Listed:
  • Silvia Anna Maria Camussi

    (Bank of Italy)

  • Davide Dottori

    (Bank of Italy)

  • Marco Mancinelli

    (Bank of Italy)

  • Anna Laura Mancini

    (Bank of Italy)

  • Francesca Modena

    (Bank of Italy)

  • Pasquale Recchia

    (Bank of Italy)

  • Emanuele Russo

    (Bank of Italy)

  • Giulia Martina Tanzi

    (Bank of Italy)

Abstract
This work estimates the regional employment generated by the National Recovery and Resilience Plan (NRRP) in the construction sector, based on the resources already assigned to new projects. These resources are associated with the creation of regional value added, estimated using a standard Leontief model applied to 2019 Input-Output tables. Then, the number of employees needed to reach the expected increase in production is derived. In the second part of the analysis, possible channels to satisfy the estimated labour demand are discussed, taking into account the regional heterogeneity in labour supply and workers' mobility.

Suggested Citation

  • Silvia Anna Maria Camussi & Davide Dottori & Marco Mancinelli & Anna Laura Mancini & Francesca Modena & Pasquale Recchia & Emanuele Russo & Giulia Martina Tanzi, 2023. "The employment activated by the National Recovery and Resilience Plan in the construction sector at the regional level," Questioni di Economia e Finanza (Occasional Papers) 775, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:opques:qef_775_23
    as

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    File URL: https://www.bancaditalia.it/pubblicazioni/qef/2023-0775/QEF_775_23.pdf
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    References listed on IDEAS

    as
    1. Christoph E. Boehm & Aaron Flaaen & Nitya Pandalai-Nayar, 2019. "Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tōhoku Earthquake," The Review of Economics and Statistics, MIT Press, vol. 101(1), pages 60-75, March.
    2. Knop, Stephen J. & Vespignani, Joaquin L., 2014. "The sectorial impact of commodity price shocks in Australia," Economic Modelling, Elsevier, vol. 42(C), pages 257-271.
    3. Daron Acemoglu & Ufuk Akcigit & William Kerr, 2016. "Networks and the Macroeconomy: An Empirical Exploration," NBER Macroeconomics Annual, University of Chicago Press, vol. 30(1), pages 273-335.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    employment; National Recovery and Resilience Plan; Labor mobility; regional economies; construction;
    All these keywords.

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

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