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| Gennaioli, Caterina; Tavoni, Massimo. |
| The aim of this paper is to provide an assessment of the potential for resource curse in the renewable energy sector. Taking a political economy approach, we analyze the link between public support schemes for renewable energy and the potential scope for rent seeking and corruption. The insights of a model of political influence by interest groups are tested empirically using a panel data of Italian provinces for the period 1990-2007. We find evidence that a curse exists in the case of wind energy, and specifically that: i) criminal association activity increased more in high-wind provinces and especially after the introduction of a more favourable public policy regime and, ii) the expansion of the wind energy sector has been driven by both the wind level... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Corruption; Natural Resources Curse; Wind Energy; Political Economy; Resource /Energy Economics and Policy; D73; O13; P16. |
| Ano: 2011 |
URL: http://purl.umn.edu/115846 |
