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Organized crime in Italy: an economic analysis

Author

Listed:
  • Sauro Mocetti

    (Bank of Italy)

  • Lucia Rizzica

    (Bank of Italy)

Abstract

Organized crime affects the socio-economic development of the areas in which it is rooted through a multiplicity of channels. However, analysing these effects is difficult, largely because it is extremely hard to observe and thus confidently measure the extent of mafia presence in a given area. On the basis of the most recent economic literature and with the aid of new information sources, this paper (i) analyses the spread of organized crime in Italy; (ii) describes the institutional environment that may have favoured the birth of mafias and their subsequent spread beyond traditional borders; (iii) examines the impact on economic growth and the different channels through which these effects occur.

Suggested Citation

  • Sauro Mocetti & Lucia Rizzica, 2021. "Organized crime in Italy: an economic analysis," Questioni di Economia e Finanza (Occasional Papers) 661, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:opques:qef_661_21
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    File URL: https://www.bancaditalia.it/pubblicazioni/qef/2021-0661/QEF_661_21.pdf
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    Citations

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    Cited by:

    1. Francesca M. Calamunci & Livio Ferrante & Rossana Scebba, 2022. "Closed for mafia: Evidence from the removal of mafia firms on commercial property values," Journal of Regional Science, Wiley Blackwell, vol. 62(5), pages 1487-1511, November.
    2. Acciai, Elia & Belloni, Michele & Della Giusta, Marina & Segre, Giovanna, 2023. "Illicit Shadows: An Economic Analysis of Trade Gaps in Cultural Goods through the Italian Market," IZA Discussion Papers 16282, Institute of Labor Economics (IZA).

    More about this item

    Keywords

    organized crime; institutions; economic growth; North-South divide;
    All these keywords.

    JEL classification:

    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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