Matches in SemOpenAlex for { <https://semopenalex.org/work/W1565034927> ?p ?o ?g. }
- W1565034927 abstract "Organized crime is widely regarded as damaging to the economy, to say nothing of people’s lives. Yet little is known about the mechanism at work. This paper helps fill the gap by analyzing the impact of organized crime on the allocation of public subsidies to businesses. We assemble an innovative data set on Italian mafia crimes at municipal level and test whether organized crime diverts public funding. We exploit exogenous variations at the level of municipalities to instrument current mafia-style activity by using exogenous shifters of land productivity in the 19th century. Our results show that the presence of organized crime positively affects both the extensive margin (probability of funding) and the intensive margin (amount of public funding to enterprises). The impact is economically relevant and equal to at least one standard deviation of the dependent variable. Organized crime is also found to cause episodes of corruption in the public administration. A series of robustness checks confirm the findings. Our results suggest that geographically targeted aid policies should be careful to take local crime conditions into account." @default.
- W1565034927 created "2016-06-24" @default.
- W1565034927 creator A5031095938 @default.
- W1565034927 creator A5037844491 @default.
- W1565034927 date "2013-01-01" @default.
- W1565034927 modified "2023-10-18" @default.
- W1565034927 title "The Effect of Organized Crime on Public Funds" @default.
- W1565034927 cites W1480205053 @default.
- W1565034927 cites W1515198480 @default.
- W1565034927 cites W1544766717 @default.
- W1565034927 cites W1547761672 @default.
- W1565034927 cites W1554109073 @default.
- W1565034927 cites W1579588800 @default.
- W1565034927 cites W1584323453 @default.
- W1565034927 cites W1591218811 @default.
- W1565034927 cites W1596304537 @default.
- W1565034927 cites W1602064638 @default.
- W1565034927 cites W1607232838 @default.
- W1565034927 cites W1661417540 @default.
- W1565034927 cites W1821621295 @default.
- W1565034927 cites W1899035920 @default.
- W1565034927 cites W1968596174 @default.
- W1565034927 cites W1975294907 @default.
- W1565034927 cites W1977398734 @default.
- W1565034927 cites W1983582422 @default.
- W1565034927 cites W1995052476 @default.
- W1565034927 cites W1996896637 @default.
- W1565034927 cites W1998301223 @default.
- W1565034927 cites W2002676805 @default.
- W1565034927 cites W2005269096 @default.
- W1565034927 cites W2010690772 @default.
- W1565034927 cites W2013719655 @default.
- W1565034927 cites W2016288883 @default.
- W1565034927 cites W2030758957 @default.
- W1565034927 cites W2033572571 @default.
- W1565034927 cites W2036487425 @default.
- W1565034927 cites W2059231225 @default.
- W1565034927 cites W2076789193 @default.
- W1565034927 cites W2077014905 @default.
- W1565034927 cites W2077133843 @default.
- W1565034927 cites W2079544184 @default.
- W1565034927 cites W2089891979 @default.
- W1565034927 cites W2093168154 @default.
- W1565034927 cites W2103181370 @default.
- W1565034927 cites W2109437759 @default.
- W1565034927 cites W2112664677 @default.
- W1565034927 cites W2120602346 @default.
- W1565034927 cites W2122801311 @default.
- W1565034927 cites W2123750251 @default.
- W1565034927 cites W2128437406 @default.
- W1565034927 cites W2129377738 @default.
- W1565034927 cites W2133249289 @default.
- W1565034927 cites W2133744398 @default.
- W1565034927 cites W2133868971 @default.
- W1565034927 cites W2139318206 @default.
- W1565034927 cites W2143103520 @default.
- W1565034927 cites W2145146777 @default.
- W1565034927 cites W2146328169 @default.
- W1565034927 cites W2147945025 @default.
- W1565034927 cites W2149404498 @default.
- W1565034927 cites W2151017331 @default.
- W1565034927 cites W2152014503 @default.
- W1565034927 cites W2159172449 @default.
- W1565034927 cites W2163816607 @default.
- W1565034927 cites W2164892685 @default.
- W1565034927 cites W2167296705 @default.
- W1565034927 cites W2167824164 @default.
- W1565034927 cites W2169818585 @default.
- W1565034927 cites W2170632141 @default.
- W1565034927 cites W2171656257 @default.
- W1565034927 cites W2218948874 @default.
- W1565034927 cites W2324242192 @default.
- W1565034927 cites W2326222700 @default.
- W1565034927 cites W2407647477 @default.
- W1565034927 cites W2554001225 @default.
- W1565034927 cites W2570481437 @default.
- W1565034927 cites W2997369690 @default.
- W1565034927 cites W3121141938 @default.
- W1565034927 cites W3121142277 @default.
- W1565034927 cites W3121240283 @default.
- W1565034927 cites W3121347904 @default.
- W1565034927 cites W3121423868 @default.
- W1565034927 cites W3121563971 @default.
- W1565034927 cites W3121567201 @default.
- W1565034927 cites W3121862528 @default.
- W1565034927 cites W3122247972 @default.
- W1565034927 cites W3122276724 @default.
- W1565034927 cites W3122410825 @default.
- W1565034927 cites W3122554390 @default.
- W1565034927 cites W3122743776 @default.
- W1565034927 cites W3122753672 @default.
- W1565034927 cites W3122846597 @default.
- W1565034927 cites W3122915726 @default.
- W1565034927 cites W3123017787 @default.
- W1565034927 cites W3123026232 @default.
- W1565034927 cites W3123035284 @default.
- W1565034927 cites W3123195265 @default.
- W1565034927 cites W3123218843 @default.
- W1565034927 cites W3123353204 @default.
- W1565034927 cites W3123476736 @default.