Mining Activity and the Setting up of New Businesses in Basilicata

Marco Percoco

Rivista economica del Mezzogiorno, 2012, issue 4, 881-898

Abstract: Natural resources have always been considered as a strategic element for thelocation of towns and the development of their economies. Recently, however,economic literature has highlighted that the effect the abundance of natural resourceshas on growth is even negative. The aim of this paper is to estimate theimpact of mining activities in Basilicata as a catalyst for new businesses. Througha methodology of Geographic Regression Discontinuity Design, the spatial variationof the number of companies in Lucania's municipalities has been analyzedand it has been estimated that the oil would increase the presence of about 0.01firms per inhabitant over the whole area where royalties have side effects. By usinga difference-in-discontinuities approach, the significance and the estimate ofthis result is maintained.

Keywords: Natural Resources; Economic Development; Employment. (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1432/73422 (application/pdf)
https://www.rivisteweb.it/doi/10.1432/73422 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jqyfkm:doi:10.1432/73422:y:2012:i:4:p:881-898

Access Statistics for this article

Rivista economica del Mezzogiorno is currently edited by Riccardo Padovani

More articles in Rivista economica del Mezzogiorno from Società editrice il Mulino
Bibliographic data for series maintained by ().