Criminalità e investimenti esteri. Un’analisi per le province italiane
[The effect of organized crime on Foreign Investments. An Empirical Analysis for the Italian Provinces]
This paper estimates the effects of organized crime on FDI inflows in 103 Italian Provinces in the period 2004-06. We measure the presence of "organized crime" at provincial level through several indicators, based on data for different kinds of crimes: extortions; "criminal association, included mafia" (art. 416 and 416 bis Italian Penal code); attempts; crime of arsons. Several control variables are used, included a proxy for (financial) investment incentives provided by public sectors. Estimations suggests that FDI inflows are influenced by different variables. In particular results shows as the number of extortions and the number of persons denounced for "crime association" are significantly and negatively correlated with FDI inflows. Our analysis suggests that the presence of organized crime is a strong disincentive for foreign investors, in particular in the less developed Italian provinces.
|Date of creation:||05 Dec 2007|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Agiomirgianakis, G. M. & Asteriou, D. & Papathoma, K., 2003. "The determinants of foreign direct investment: a panel data study for the OECD countries," Working Papers 03/06, Department of Economics, City University London.
- Marco Committeri, 2004. "Investire in Italia? Risultati di una recente indagine empirica," Temi di discussione (Economic working papers) 491, Bank of Italy, Economic Research and International Relations Area.
- Salvador Barrios & Holger GÃ¶rg & Eric Strobl, 2006.
"Multinationals' Location Choice, Agglomeration Economies, and Public Incentives,"
International Regional Science Review,
, vol. 29(1), pages 81-107, January.
- BARRIOS, Salvador & GORG, Holger & STROBL, Eric, 2003. "Multinationals' location choice, agglomeration economies and public incentives," CORE Discussion Papers 2003017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Mayer, Thierry, 2004. "Where do foreign firms locate in France and why?," EIB Papers 7/2004, European Investment Bank, Economics Department.
- Roberto Basile & Luigi Benfratello & Davide Castellani, 2005. "Attracting Foreign Investments in Europe - are Italian Regions Doomed?," ERSA conference papers ersa05p148, European Regional Science Association.
- Basile Roberto & Castellani Davide & Zanfei Antonello, 2004. "La localizzazione delle imprese multinazionali in Europa: il ruolo delle politiche dell'UE e le peculiarità dell'Italia," L'industria, Società editrice il Mulino, issue 3, pages 571-596.
- Koenker, Roger W & Bassett, Gilbert, Jr, 1978. "Regression Quantiles," Econometrica, Econometric Society, vol. 46(1), pages 33-50, January.
- Crozet, Matthieu & Mayer, Thierry & Mucchielli, Jean-Louis, 2004.
"How do firms agglomerate? A study of FDI in France,"
Regional Science and Urban Economics,
Elsevier, vol. 34(1), pages 27-54, January.
- Crozet, Matthieu & Mayer, Thierry & Mucchielli, Jean-Louis, 2003. "How do Firms Agglomerate? A Study of FDI in France," CEPR Discussion Papers 3873, C.E.P.R. Discussion Papers.
- Matthieu Crozet & Thierry Mayer & Jean-Louis Mucchielli, 2004. "How do firms agglomerate? A study of FDI in france," Sciences Po publications info:hdl:2441/c8dmi8nm4pd, Sciences Po.
- Crozet, M. & Mayer, T. & Micchielli, J.L., 2000. "How Do Firms Agglomerate? A Study of FDI in France?," Papiers d'Economie MathÃ©matique et Applications 2000.50, UniversitÃ© PanthÃ©on-Sorbonne (Paris 1).
- Roberto, Basile, 2004.
"Acquisition versus greenfield investment: the location of foreign manufacturers in Italy,"
Regional Science and Urban Economics,
Elsevier, vol. 34(1), pages 3-25, January.
- Roberto Basile, 2002. "Acquisition versus greenfield investment: the location of foreign manufacturers in Italy," ISAE Working Papers 27, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
- Roberto Basile, 2002. "The Locational Determinants of Foreign-Owned Manufacturing Plants in Italy: Preliminary Results," Rivista di Politica Economica, SIPI Spa, vol. 92(4), pages 61-92, July-Augu.
- Vittorio Daniele, 2007. "Incentivi economici e disincentivi di contesto: gli investimenti esteri nel Mezzogiorno," RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO, FrancoAngeli Editore, vol. 2007(2), pages 5-34.
- Basile R. & Giunta A., 2005. "La localizzazione degli investimenti diretti esteri in Italia: vincoli istituzionali, Mezzogiorno e politiche di attrazione," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 4, pages 771-794.
- Konings, Jozef, 2004. "The employment effects of foreign direct investment," EIB Papers 4/2004, European Investment Bank, Economics Department.
- Daniele V., 2005. "Perché le imprese estere non investono al Sud?," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 4, pages 795-818.
- Michael Devereux & Rachel Griffith & Helen Simpson, 2004. "Agglomeration, regional grants and firm location," IFS Working Papers W04/06, Institute for Fiscal Studies.
- repec:eap:articl:v:33:y:2003:i:2:p:275-292 is not listed on IDEAS
- Uppenberg, Kristian & Riess, Armin, 2004. "Determinants and growth effects of foreign direct investment," EIB Papers 3/2004, European Investment Bank, Economics Department.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:6417. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.