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that mafia-affected regions exhibit abnormal spikes in the homicide rate during the electoral periods, relative to other …
Persistent link: https://www.econbiz.de/10013100948
I examine the post-war economic development of two regions in southern Italy exposed to mafia activity after the 1970s … crime. The synthetic control is a weighted average of other regions less affected by mafia activity that mimics the economic … and counterfactual development shows that the presence of mafia lowers the growth path, at the same time as murders …
Persistent link: https://www.econbiz.de/10013106582
The study of the relationship between immigration and crime is a subject of great interest particularly in countries affected by large migration flows. The aim of this paper is to analyze and define general guidelines for the relationship between immigration and organized crime. With the support...
Persistent link: https://www.econbiz.de/10013064472
Persistent link: https://www.econbiz.de/10013166301
This study captures the presence of organized crime groups in the Italian territories and examines their relationship to firms that are in a condition of financial distress. At the end of the nineteenth century the first criminal groups emerged in the South of Italy as a response to the demand...
Persistent link: https://www.econbiz.de/10012838227
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...
Persistent link: https://www.econbiz.de/10012725772
We study the investment of organized crime in the legal economy. By using the shock induced on the Italian credit market by the 2007 subprime mortgage crisis, we document how provinces with a high organized crime presence have been impacted less by the crisis in terms of the establishment of new...
Persistent link: https://www.econbiz.de/10012901984
-)selection. Identification derives from murders of local politicians by the mafia, and indicates that such a negative shock to politicians …
Persistent link: https://www.econbiz.de/10013009833
We investigate how connections to organized crime manifest on firms' financial statements and analyze the impact of these connections on firm performance outcomes. Using a unique dataset that identifies Italian firms connected to organized crime, we find that connected firms have lower...
Persistent link: https://www.econbiz.de/10012853810
This paper reports the results of an experimental investigation which allows a deeper insight into the nature of social preferences amongst organized criminals and how these differ from "ordinary" criminals on the one hand and from the non‐criminal population in the same geographical area on...
Persistent link: https://www.econbiz.de/10012993865