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COST OF CRIME (3) answer(s).
 
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ID:   083098


Cost of protection racket in Sicily / Asmundo, Adam; Lisciandra, Maurizio   Journal Article
Asmundo, Adam Journal Article
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Publication 2008.
Summary/Abstract The purpose of this paper is to estimate the current cost of protection rackets in Sicily. By means of a database constructed on judicial evidence, it has been possible to come up with an estimate of the average and total costs of the protection-money system, as well as finding out in which sectors of economic activity and in which provinces is most pervasive. The average monthly payment is approximately 600 euros per business, with stronger effects in those areas with a relatively more traditional economic structure. As a whole, in monetary terms, the protection racket in Sicily accounts for over 1.4% of gross regional product. Finally, the paper supports the hypothesis that in most cases, the pervasive presence of the mafia represents a considerable constraint on business growth. This paper partially draws on an earlier study of the same authors for the Fondazione Rocco Chinnici, and published in Italian in 2008 as 'Un tentativo di stima del costo delle estorsioni sulle imprese a livello regionale: il caso Sicilia', in A. La Spina (eds.) , Bologna, Il Mulino. This paper partially draws on an earlier study of the same authors for the Fondazione Rocco Chinnici, and published in Italian in 2008 as 'Un tentativo di stima del costo delle estorsioni sulle imprese a livello regionale: il caso Sicilia', in A. La Spina (eds.) I costi dell'illegalitBologna, Il Mulino.
Key Words Organised Crime  Extortion  Cost of Crime  Racket 
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2
ID:   099867


Counting the cost of crime in Italy / Detotto, Claudio; Vannini, Marco   Journal Article
Detotto, Claudio Journal Article
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Publication 2010.
Summary/Abstract We gauge the cost of crime in Italy by concentrating on a subset of offences covering about 64% of total recorded crimes in the year 2006. Following the breakdown of costs put forward by Brand and Price, we focus on the costs in anticipation, as a consequence, and in response to a specific offence. The estimated total social cost is more than €38 billion, which amounts to about 2.6% of Italy's GDP. To show the usefulness of these measures, we borrow the elasticity estimates from recent studies concerning the determinants of crime in Italy and calculate the cost associated with the surge in crime fuelled by unemployment and pardons. Indeed, in both cases such costs are substantial, implying that they should no longer be skipped when assessing the relative desirability of public policies towards crime.
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3
ID:   080436


Economic cost of crime in Chile / Olavarria-Gambi, Mauricio   Journal Article
Olavarria-Gambi, Mauricio Journal Article
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Publication 2007.
Summary/Abstract This study estimates that the economic cost of crime in Chile, using the accountancy method, is $1.35 billion as at 2002; that is, this cost is equivalent to 2.06% of Chile's GDP. Crimes included in the estimation are murder, robbery, larceny-theft, burglary, wounding, rape and sexual assaults, domestic violence and economic felonies such as fraud, forgery and so on. Consequential costs are the most important, representing 68% of the total cost of crime. Government spending represents 23% of the total and anticipatory cost account for the remaining 9%. Chile presents higher level of crime than most developed countries - though less than most developing nations - but government's spending on citizen's security is considerably lower than that of the US and several other European countries
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