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A Handbook of Alternative Theories of Public Economics

A Handbook of Alternative Theories of Public Economics

Elgar original reference

Edited by Francesco Forte, Ram Mudambi and Pietro Maria Navarra

This comprehensive and thought-provoking Handbook reviews public sector economics from pluralist perspectives that either complement or reach beyond mainstream views. The book takes a comprehensive interdisciplinary approach, drawing on economic elements in the fields of philosophy, sociology, psychology, history and law.

Chapter 22: Long-run and shorter-run criminal cycles in the public economics of public bads

Michele Caputo, Francesco Forte and Michela Mantovani

Subjects: economics and finance, austrian economics, history of economic thought, public choice theory, public finance, public sector economics, politics and public policy, public choice


The aim of this chapter is to show that long-run and shorter-run criminal-business cycles exist which cannot be merely explained with the long-run business cycles and to explore the possible causes of fluctuations and trends. We focus on the Italian case, considering - as for the long run - the yearly cycles of two categories of crimes: those of corruption in the public economy and those of frauds and the like in the market economy from 1930 to 2010, with particular regard to the last 30 years. As for the short run, we examine the monthly fluctuations of the crimes of counterfeiting of brands and denominations of origin and those of safety and health requisites. The role of the memory of actions of deterrence with respect to previous crimes is also examined.

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