The impact of crime on firm entry

The article investigates the effect of crime on firm entry rates in Italian provinces over the period 2007–2016. The extant literature focuses mainly on the relationship between crime and the sorting of new businesses. The present paper contributes to this stream of work by estimating the effect of crime on the overall propensity to engage in entrepreneurial activities across a national territory. We measure the extent to which property and violent crime affect firm entry rates using an instrumental variable approach in which the instrument for criminal activity is the effective abortion rate. Our findings suggest that crime has a negative, sizable impact on firm entry. The results are robust to alternative instrumental variables and firm entry indicators. This empirical exercise emphasizes the need to consider loss of new business activities as a downstream effect when computing the social costs of crime.     

Nuclear Superiority in the Age of Parity: US Planning,Intelligence Analysis,Weapons Innovation and the Search for a Qualitative Edge 1969–1976

ABSTRACT

This paper argues that between 1969 and 1976 US policy-makers actively sought to transcend nuclear parity. The Nixon and Ford administrations demonstrated increasing uneasiness toward nuclear parity and yet, proved unwilling to match the Soviet Union quantitatively. In the search for an answer to the question of what strategic superiority was in the age of parity, they came to understand it in distinctly qualitative terms, adopting a number of decisions related to nuclear planning, intelligence analysis of the nuclear balance, and nuclear weapons innovation and modernization, aimed at securing a qualitative edge over the USSR.     

Exploring the intellectual structure of creative economy research and local economic development: a co-citation analysis

The aim of the present research is to investigate the intellectual structure of creative economy research (CER) with a bibliometric analysis based on co-citation. Firstly, we try to reconstruct the evolution of academic research on creative economy with particular attention to the themes of regional and local economic development. Secondly, we investigate the community of contributions/actors that contributed to its generation throughout social network analysis. We analyse publications collected from ISI Web of Science, which includes all academic works starting from the seminal contribution of Department of Culture Media and Sport in 1998. Through the analysis of 941 publications produced over 16 years, we investigate the evolution of CER. Then we apply a relational analysis exploring co-citations of ‘disseminators’ and founders’ work’ of CER. Results underline that creative economy may be considered as a successful multidisciplinary paradigm born and developed in English-speaking countries, developed even on a global level, and still in a developmental phase. The internal structure of research appears fragmented in many sub-communities concentrated around some key concepts. Whereas creative class and creative city contribute to the foundation of the field, cultural and creative industries are the most important and recent topic.