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.     

Compensation modes of border effects in cross‐border regions

Both international and regional economics discuss borders as barriers to economic growth. They hamper trade flows between areas sharing an international border (a demand effect), as well as causing firms’ inefficiency because of the increase in production costs (supply side). In the theoretical and empirical discussions, no question has been raised on whether regional economies are able to set up compensation mechanisms, by replacing low endowments with high efficiency in the use of existing assets, or by compensating an inefficient use of internal assets with an efficient use of external ones. The reply to this question has normative implications. Empirical evidence on the universe of 1,398 European NUTS3 regions is presented and policy suggestions elaborated.     

Quantitative characterization of archaeological bronzes based on thermal and compositional analysis

Pulsed thermography has been applied to the quantitative characterization of the insertions of two ancient bronzes, the Boxer at Rest and the Hellenistic Prince. The analysis of the thermographic signal time dependence performed by a specifically developed model enabled the evaluation of the insertions’ thickness and of elements which could provide indications about the procedure followed for their insertion. This could be achieved by exploiting a semi-empirical relation establishing the thermal diffusivity dependence on the total effective weighted concentration of Sn and Pb atoms obtained from the analysis of the values determined on samples containing different concentrations of Sn and Pb.