Lanzafame, Matteo (2013): Crime and regional growth in Italy.
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Abstract
Building on standard growth-theory models, this paper provides an empirical investigation of the effects of crime on regional economic performance in Italy, as measured by labour productivity growth. Our analysis relies on a panel of annual data on the Italian regions and, contrary to previous studies in the field, adopts a flexible and efficient panel estimation approach which controls for parameter heterogeneity, cross-section dependence and variable endogeneity via mean-group estimation, multifactor modelling and Granger-causality methods. Our results strongly support the hypothesis that crime has significant negative effects on regional growth in Italy.
Item Type: | MPRA Paper |
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Original Title: | Crime and regional growth in Italy |
Language: | English |
Keywords: | Crime, regional growth, panel data, multifactor modeling. |
Subjects: | C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C23 - Panel Data Models ; Spatio-temporal Models O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R10 - General |
Item ID: | 44343 |
Depositing User: | Matteo Lanzafame |
Date Deposited: | 13 Feb 2013 14:56 |
Last Modified: | 28 Sep 2019 20:32 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/44343 |