Carmine Guerriero

Department of Economics, University of Bologna

Piazza Scaravilli 2

Bologna, 40126

Italy

  • Department of Economics, University of Bologna

SCHOLARLY PAPERS

27

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6,386

TOTAL CITATIONS
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Top 4,236

in Total Papers Citations

232

Ideas:
“  My research evaluates the determinants and impact of the: 1. market design and, notably, the extent of regulation and the size and nature of both the firm and nonmarket activities; 2. legal traditions, which are the legal institutions aggregating both the technology and the citizens' preferences on punishment; 3. property rights; 4. a culture of cooperation, which is the implicit reward from cooperating in any economic activity; 5. inclusive political institutions; and 6. extractive policies.  ”

  • Department of Economics, University of Bologna

Scholarly Papers (27)

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1.

The Political Economy of (De)Regulation: Theory and Evidence from the US Electricity Industry.

Downloads 551 (108,051)
Citation 14

The Political Economy of (De)Regulation: Theory and Evidence from the US Electricity Industry.

Number of pages: 45 Posted: 18 Jul 2010 Last Revised: 23 Sep 2019
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 302 (213,733)
Citation 3

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Regulation; Competition; Electricity; Political Biases

The Political Economy of (De)Regulation: Theory and Evidence from the US Electricity Industry.

Amsterdam Center for Law & Economics Working Paper No. 2010-06
Number of pages: 45 Posted: 31 Aug 2010 Last Revised: 23 Sep 2019
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 183 (351,210)
Citation 2

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Regulation; Competition; Electricity; Political Biases

The Political Economy of (De)Regulation: Theory and Evidence from the US Electricity Industry.

IEFE Working Paper No. 39
Number of pages: 45 Posted: 27 Sep 2010 Last Revised: 23 Sep 2019
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 66 (742,148)
Citation 9

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Regulation; Competition; Electricity; Political Biases

2.

The Origins of Political Institutions and Property Rights.

Number of pages: 53 Posted: 14 Jun 2019 Last Revised: 15 Jul 2022
Giacomo Benati, Carmine Guerriero and Federico Zaina
University of Barcelona - Economic History, Department of Economics, University of Bologna and Università di Bologna - Alma Mater Studiorum Università di Bologna
Downloads 461 (134,737)
Citation 4

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Geography; Time Inconsistency; Opacity; Inclusive Political Institutions; Property Rights.

3.

The Property-Contract Balance

Amsterdam Law School Research Paper No. 2012-70, Amsterdam Center for Law & Economics Working Paper No. 2012-01,

Journal of Institutional and Theoretical Economics,Vol. 172, No. 1, pp. 40-64, 2016



Number of pages: 41 Posted: 17 Jun 2012 Last Revised: 06 Jun 2024
Giuseppe Dari‐Mattiacci, Carmine Guerriero and Zhenxing Huang
University of Amsterdam, Department of Economics, University of Bologna and Shanghai University of Finance and Economics
Downloads 404 (156,677)
Citation 5

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Property Rights, Contracts, Culture, Public Enforcement, Good Faith

4.

Law and Culture: A Theory of Comparative Variation in Bona Fide Purchase Rules

Oxford Journal of Legal Studies, Vol. 35, No. 3, pp. 543-574, 2015, Amsterdam Center for Law & Economics Working Paper No. 2014-04, Amsterdam Law School Research Paper No. 2014-57
Number of pages: 44 Posted: 18 Nov 2014 Last Revised: 06 Jun 2024
Giuseppe Dari‐Mattiacci and Carmine Guerriero
University of Amsterdam and Department of Economics, University of Bologna
Downloads 367 (174,421)
Citation 8

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culture, comparative variation, legal origins, functional equivalence, good faith purchase

5.

Accountability in Government and Regulatory Policies: Theory and Evidence

Downloads 342 (188,465)
Citation 43

Accountability in Government and Regulatory Policies: Theory and Evidence

IEFE Working Paper No. 24
Number of pages: 50 Posted: 15 Oct 2009
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 95 (597,001)

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Election, Regulation, Judges, Electricity

Accountability in Government and Regulatory Policies: Theory and Evidence

FEEM Working Paper No. 55.2008
Number of pages: 42 Posted: 11 Sep 2008 Last Revised: 22 Jan 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 92 (609,539)
Citation 15

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Election; Regulation; Judges; Electricity

Accountability in Government and Regulatory Policies: Theory and Evidence

Amsterdam Center for Law & Economics Working Paper No. 2010-08
Number of pages: 40 Posted: 31 Aug 2010 Last Revised: 30 Mar 2011
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 84 (645,804)
Citation 16

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Election, Regulation, Judges, Electricity

Accountability in Government and Regulatory Policies: Theory and Evidence

FEEM Working Paper No. 109.06
Number of pages: 42 Posted: 10 Sep 2006 Last Revised: 25 Jan 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 71 (712,506)
Citation 12

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Election, Agency, Judges, Regulation, Electricity

6.

Property Rights, Transaction Costs, and the Limits of the Market

Downloads 340 (189,697)
Citation 10

Property Rights, Transaction Costs, and the Limits of the Market

Quaderni - Working Paper DSE N°1110
Number of pages: 49 Posted: 25 Oct 2017 Last Revised: 26 Jul 2022
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 216 (300,275)
Citation 5

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Property Rights; Transaction Costs; Preferences Dispersion; Innovation

Property Rights, Transaction Costs, and the Limits of the Market

Number of pages: 49 Posted: 30 Nov 2018 Last Revised: 26 Jul 2022
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 74 (695,789)
Citation 5

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Property Rights; Transaction Costs; Preferences Dispersion; Innovation

Property Rights, Transaction Costs, and the Limits of the Market

Number of pages: 49 Posted: 23 Oct 2017 Last Revised: 26 Jul 2022
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 50 (855,385)

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Property Rights; Transaction Costs; Preferences Dispersion; Innovation

7.

Endogenous (In)Formal Institutions

Downloads 322 (201,084)
Citation 5

Endogenous (In)Formal Institutions

Number of pages: 53 Posted: 11 Jul 2012 Last Revised: 29 Jul 2019
Serra Boranbay and Carmine Guerriero
University of Mannheim and Department of Economics, University of Bologna
Downloads 198 (326,162)

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Geography, Culture, Democracy, Development

Endogenous (In)Formal Institutions

Amsterdam Center for Law & Economics Working Paper No. 2012-04, Amsterdam Law School Research Paper No. 2012-79
Number of pages: 53 Posted: 20 Jul 2012 Last Revised: 29 Jul 2019
Serra Boranbay and Carmine Guerriero
University of Mannheim and Department of Economics, University of Bologna
Downloads 124 (488,766)
Citation 5

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Geography, Culture, Democracy, Development

8.

Endogenous Property Rights

Amsterdam Law School Research Paper No. 2013-53, Amsterdam Center for Law & Economics Working Paper No. 2013-13
Number of pages: 49 Posted: 23 Sep 2013 Last Revised: 15 Oct 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 276 (236,724)
Citation 1

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Property rights, markets, expropriation, preference heterogeneity

9.

Law, Economics and History: Endogenous Institutional Change and Legal Innovation

Amsterdam Law School Research Paper No. 2011-18, Amsterdam Center for Law & Economics Working Paper No. 2011-09,

Michael Faure and Jan Smits (eds.), Does Law Matter? Law and Economic Growth (Ius Commune Europaeum, Vol. 100), Antwerp: Intersentia, pp. 137-153, 2011.
Number of pages: 19 Posted: 25 Aug 2011 Last Revised: 05 Jun 2024
Giuseppe Dari‐Mattiacci and Carmine Guerriero
University of Amsterdam and Department of Economics, University of Bologna
Downloads 259 (252,520)
Citation 2

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endogenous institutions, legal origins, legal innovation, democracy, corporate form

10.

The Origins of (a Culture of) Cooperation.

Number of pages: 76 Posted: 17 Aug 2022 Last Revised: 25 Apr 2025
Giacomo Benati and Carmine Guerriero
University of Barcelona - Economic History and Department of Economics, University of Bologna
Downloads 246 (265,932)
Citation 1

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Climate Change, Trade, Time Inconsistency, Consumption Risk-Sharing, Culture of Cooperation, State-Building. JEL classification: H10, O13, P00, Z10

11.

Legal Traditions and Economic Performances: Theory and Evidence

ENCYCLOPEDIA OF LAW AND ECONOMICS, Francesco Parisi and Richard Posner, eds., Forthcoming, Amsterdam Center for Law & Economics Working Paper No. 2010-12
Number of pages: 40 Posted: 06 Nov 2010 Last Revised: 18 Mar 2015
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 232 (281,665)
Citation 1

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Legal Origins, Culture, Democracy, Economic Development

12.

Endogenous Legal Traditions and Economic Outcomes

Downloads 231 (282,818)
Citation 16

Endogenous Legal Traditions and Economic Outcomes

Amsterdam Center for Law & Economics Working Paper No. 2012-05, Amsterdam Law School Research Paper No. 2012-80
Number of pages: 36 Posted: 20 Jul 2012 Last Revised: 21 Sep 2015
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 189 (340,749)
Citation 16

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legal origins, culture, political institutions, economic development

Endogenous Legal Traditions and Economic Outcomes

ACLE Working Papers, 2012-02
Number of pages: 36 Posted: 02 Jul 2012 Last Revised: 21 Sep 2015
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 42 (926,169)

Abstract:

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legal origins, culture, democracy, regulation, economic development

13.

Endogenous Legal Traditions

Downloads 231 (282,818)
Citation 6

Endogenous Legal Traditions

Amsterdam Center for Law & Economics Working Paper No. 2010-10
Number of pages: 48 Posted: 24 Sep 2010 Last Revised: 26 Feb 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 146 (427,642)
Citation 1

Abstract:

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legal origins, culture, political institutions, economic development

Endogenous Legal Traditions

Number of pages: 48 Posted: 04 Aug 2009 Last Revised: 26 Feb 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 85 (641,053)
Citation 5

Abstract:

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legal origins, culture, political institutions, economic development

14.

Extractive States: The Case of the Italian Unification

Amsterdam Law School Research Paper No. 2014-42, Amsterdam Center for Law & Economics Working Paper No. 2014-03
Number of pages: 53 Posted: 13 Aug 2014 Last Revised: 14 Sep 2018
Guilherme de Oliveira and Carmine Guerriero
Amsterdam Center for Law and Economics and Department of Economics, University of Bologna
Downloads 221 (295,104)
Citation 7

Abstract:

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Taxation; Extractive States; Political Union; Culture

15.

The Origins of the State's Institutional Capacity. *

Number of pages: 39 Posted: 10 Jun 2022 Last Revised: 01 Apr 2025
Carmine Guerriero and Laura Righi
Department of Economics, University of Bologna and FSCIRE
Downloads 214 (304,358)

Abstract:

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State's fiscal capacity, political institutions, trade potential, culture. JEL classification: O13, H10, Z10, O10

16.

The Economic and Institutional Determinants of Trade Expansion in Bronze Age Mesopotamia

Number of pages: 20 Posted: 18 Feb 2021 Last Revised: 03 May 2021
Giacomo Benati, Carmine Guerriero and Federico Zaina
University of Barcelona - Economic History, Department of Economics, University of Bologna and Università di Bologna - Alma Mater Studiorum Università di Bologna
Downloads 214 (304,358)
Citation 1

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Mesopotamia; Trade; Gravity trade models; Risk-Sharing; Merchant institutions

17.

The Political Economy of Incentive Regulation: Theory and Evidence from U.S. States

Downloads 198 (327,327)
Citation 44

The Political Economy of Incentive Regulation: Theory and Evidence from U.S. States

Amsterdam Center for Law & Economics Working Paper No. 2010-07
Number of pages: 32 Posted: 31 Aug 2010 Last Revised: 18 Feb 2017
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 96 (592,856)
Citation 18

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Incentive Regulation, Regulatory Capture, Electricity, Accountability

The Political Economy of Incentive Regulation: Theory and Evidence from U.S. States

FEEM Working Paper No. 106.06
Number of pages: 37 Posted: 08 Sep 2006 Last Revised: 22 Jan 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 55 (816,281)
Citation 11

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Incentive Regulation; Regulatory Capture; Electricity; Accountability

The Political Economy of Incentive Regulation: Theory and Evidence from U.S. States

IEFE Working Paper No. 31
Number of pages: 46 Posted: 05 Apr 2010
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 47 (880,798)
Citation 15

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Incentive Regulation, Regulatory Capture, Electricity, Accountability

18.

Climate Shocks and State-Building

Number of pages: 30 Posted: 28 Jun 2021 Last Revised: 27 Oct 2024
Giacomo Benati and Carmine Guerriero
University of Barcelona - Economic History and Department of Economics, University of Bologna
Downloads 190 (340,078)

Abstract:

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Climate change; inclusive political institutions; state-building

19.

Endogenous Institutions and Economic Outcomes

Amsterdam Law School Research Paper No. 2013-39, Amsterdam Center for Law & Economics Working Paper No. 2013-09
Number of pages: 61 Posted: 20 Jul 2013 Last Revised: 16 Apr 2019
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 189 (341,721)
Citation 10

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Geography, Culture, Democracy, Development, Political Accountability

20.

Climate Shocks, Democratization and (a Culture of) Cooperation.

Number of pages: 45 Posted: 31 Aug 2021 Last Revised: 08 Dec 2024
Giacomo Benati and Carmine Guerriero
University of Barcelona - Economic History and Department of Economics, University of Bologna
Downloads 180 (357,199)

Abstract:

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climate change; time inconsistency; inclusive political process; culture of cooperation; public goods.

21.

The Political Economy of Incentive Regulation: Theory and Evidence from U.S. States

Downloads 152 (413,415)
Citation 23

The Political Economy of Incentive Regulation: Theory and Evidence from U.S. States

FEEM Working Paper No. 34.2008
Number of pages: 37 Posted: 14 May 2008 Last Revised: 22 Jan 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 111 (533,131)
Citation 3

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Incentive Regulation; Regulatory Capture; Electricity; Accountability

The Political Economy of Incentive Regulation: Theory and Evidence from U.S. States

Number of pages: 37 Posted: 04 Aug 2009 Last Revised: 22 Jan 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 41 (935,608)
Citation 20

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Incentive Regulation; Regulatory Capture; Electricity; Accountability

22.

Endogenous Property Rights and the Nature of the Firm

Number of pages: 49 Posted: 15 Apr 2020 Last Revised: 20 Sep 2023
Carmine Guerriero and Giuseppe Pignataro
Department of Economics, University of Bologna and University of Verona - Alma Mater Studiorum - Università di Bologna
Downloads 131 (466,091)
Citation 12

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Asset specificity; Innovation; Property rights; Residual control rights; Integration; Bargaining.

23.

The Origins of the State: Technology, Cooperation and Institutions

Number of pages: 45 Posted: 25 Jun 2020 Last Revised: 08 Dec 2020
Giacomo Benati and Carmine Guerriero
University of Barcelona - Economic History and Department of Economics, University of Bologna
Downloads 115 (515,506)
Citation 8

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Geography; Time-Inconsistency; State-building; Culture of Cooperation.

24.

Understanding Legal Origins: on the Determinants and Impact of Legal Traditions. *

Number of pages: 36 Posted: 04 Jun 2021 Last Revised: 20 Oct 2024
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 107 (544,056)

Abstract:

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legal origins, legal traditions, heterogeneity in legal preferences, inclusiveness of political institutions, economic outcomes. JEL codes: H10

25.

Climate Change and State Evolution

Number of pages: 30 Posted: 12 Feb 2021 Last Revised: 03 Jul 2022
Carmine Guerriero and Giacomo Benati
Department of Economics, University of Bologna and University of Barcelona - Economic History
Downloads 87 (624,312)
Citation 9

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Climate Change; Inclusive Political Institutions; Property Rights; Culture of Cooperation; State Evolution.

26.

Climate Change, State-Building and Societal Resilience in Bronze Age Egypt. *

Number of pages: 39 Posted: 05 Feb 2025
Carmine Guerriero, Amin Ali Oskuyi Gholami and Alex Loktionov
Department of Economics, University of Bologna, University of Bologna and affiliation not provided to SSRN
Downloads 71 (701,348)

Abstract:

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climate change, statebuilding, time inconsistency, collapse

27.

Endogenous Legal Traditions

Number of pages: 48 Posted: 04 Jun 2014 Last Revised: 26 Feb 2016
Carmine Guerriero
Department of Economics, University of Bologna
Downloads 55 (799,876)
Citation 2

Abstract:

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legal origins, culture, political institutions, economic development