Public Spending and Organised Crime in Italy - A Panel-Data Analysis Over the Period 1997-2003 (Spesa Pubblica E Criminalità Organizzata in Italia Evidenza Empirica Su Dati Panel Nel Periodo 1997-2003)

30 Pages Posted: 23 Jan 2008

See all articles by Raul Caruso

Raul Caruso

Catholic University of the Sacred Heart of Milan

Date Written: January 2008

Abstract

This work presents original results regarding the relationship between economic life and organised crime in Italy. This empirical study is underpinned by some theoretical insights drawn from conflict and rent-seeking theories. Then the paper presents a panel analysis including the twenty Italian regions over the period 1997-2003. The results show that: (a) a significant positive association does exist between investments in real estate sector and the index of organised crime; (b) a significant positive association does exist between public investments and the index of organised crime index; (c) a significant negative association does exist between social protection expenditures and the index of organised crime; (d) a significant negative association does exist between investments in private investments and the index of organised crime.

Note: Downloadable document is in Italian.

Keywords: organised crime, rent-seeking, conflict, monopoly, panel data, Mafia

JEL Classification: D74, E26, H39, H72, P16

Suggested Citation

Caruso, Raul, Public Spending and Organised Crime in Italy - A Panel-Data Analysis Over the Period 1997-2003 (Spesa Pubblica E Criminalità Organizzata in Italia Evidenza Empirica Su Dati Panel Nel Periodo 1997-2003) (January 2008). Available at SSRN: https://ssrn.com/abstract=1086628 or http://dx.doi.org/10.2139/ssrn.1086628

Raul Caruso (Contact Author)

Catholic University of the Sacred Heart of Milan ( email )

20123 Milano
Italy

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
152
Abstract Views
2,229
rank
213,287
PlumX Metrics