Lucio Picci
Dados Biográficos
| ID | 4208607 |
|---|---|
| NOME | Lucio Picci |
| PRENOMES | Lucio |
| SOBRENOME | Picci |
| ASSINATURA | PICCI L |
| AFILIAÇÕES | University of Bologna |
| ORCID | 0000-0002-0491-1763 |
| VERIFICADO | Sim |
| TOTAL DE OBRAS | 13 |
| TOTAL DE CITAÇÕES | 98 |
| TOTAL COMO AUTOR | 13 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 2000 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2026 |
| ÍNDICE H | 2 |
"Unpacking Compliance and "Leakages'' in International Regimes
States and non-state organizations often only partially comply with international legal regimes. This behavior can have severe counterproductive effects when differences in compliance levels encourage "leakage," defined as actions that contradict the desired impact of the regime. In this paper, we explore this problem in the international regime devoted to anticorruption, centered on the OECD Anti-Bribery Convention (ABC), which led to the crimin…
Making Bribery Profitable Again? The Market Effects of Suspending Accountability for Overseas Bribery
In February 2025, US President Trump signed an executive order blocking the initiation of any new investigations or enforcement actions under the Foreign Corrupt Practices Act (FCPA), which had made it unlawful for US companies to bribe foreign public officials. We analyze market valuations of publicly traded multinationals on US financial markets before and after the announcement. On the day of the executive order, former FCPA targets whose stoc…
Rethinking Corruption
Why have anti-corruption efforts often failed? Current thinking on corruption has largely overlooked the profound implications of its contested nature, which paradoxically makes it an effective yet highly dysfunctional 'tool of government.' As a tool of government, it helps execute policies and guarantees a degree of political order. Moreover, anti-corruption measures are wielded as political instruments, strategically embraced by governments and…
The determinants of cross-border corruption
A New Cross-National Measure of Corruption
A new measure of cross-national corruption is constructed based on the geographic distribution of public officials involved in cross-border corruption cases. A comparison is made between the Public Administration Corruption Index (PACI) and perception-based measures, considers the extent to which differences between them are driven by systematic factors, and concludes that they are not. As more data on cases of cross-border bribery incidents beco…
A New Cross-National Measure of Corruption
A new measure of cross-national corruption is constructed based on the geographic distribution of public officials involved in cross-border corruption cases. A comparison is made between the Public Administration Corruption Index (PACI) and perception-based measures, considers the extent to which differences between them are driven by systematic factors, and concludes that they are not. As more data on cases of cross-border bribery incidents beco…
Incumbency Effects under Proportional Representation
We study incumbency effects for individual legislators from two political parties (Christian Democracy and the Italian Socialist Party) in Italy's lower house of representatives over 10 legislatures (1948–92) elected using open‐list proportional representation. Our analysis finds no reelection advantage for the average incumbent legislator. Only a tiny elite in each party successfully creates an incumbency advantage. We find incumbents advantaged…
Federico Varese
According to one contemporary myth we live in a globalized age, where distance is dead and, as the title of a bestseller some years ago declared (Friedman, 2005), the world is flat. There is ample evidence that this is not so true. Distance is alive and kicking—it matters in international trade (Berthelon and Freund, 2008) and in many other human endeavours, including the production of immaterial goods such as patentable ideas (Picci, 2010). Ther…
Pork‐Barrel Politics in Postwar Italy, 1953–94
This article analyzes the political determinants of the distribution of infrastructure expenditures by the Italian government to the country's 92 provinces between 1953 and 1994. Extending implications of theories of legislative behavior to the context of open‐list proportional representation, we examine whether individually powerful legislators and ruling parties direct spending to core or marginal electoral districts and whether opposition part…
Reputation-based governance
Although many have studied various incarnations of Internet-based reputation systems, past analyses have mostly been piecemeal in method and have focused only on market applications. I propose a general "reputation-based governance" framework that has interesting properties and implications. The concept also provides useful insights on the issues of openness (as in "open source" software) and of participative forms of design and production
Proposal for a New Measure of Corruption, Illustrated With Italian Data
Standard cross-national measures of corruption are assembled through surveys. We propose a novel alternative objective measure that consists of the difference between a measure of the physical quantities of public infrastructure and the cumulative price government pays for public capital stocks. Where the difference is larger between the monies spent and the existing physical infrastructure, more money is being siphoned off to mismanagement, frau…
Explaining Long- and Short-Run Interactions in Time Series Data
In this article, I extend the concept of separate cointegration to include the common-feature trend-cycle decomposition approach. This combined approach operates a reduction of the parameter space and permits the identification of the time series long- and short-run constituent factors. A careful assessment of their reciprocal relations, in turn, allows for the answering of potentially interesting economic questions. To show the usefulness of the…
Saving, Growth, and Investment
This paper provides a descriptive analysis of the long- and short-run correlations among saving, investment, and growth rates for 123 countries over the period 1961-94. Three results are robust across data sets and estimation methods: i) lagges saving rates are positively related to investment rates; ii) investment rates Granger cause growth rates with a negative sign; iii) growth rates Granger-cause investment with a positive sign
Pork‐Barrel Politics in Postwar Italy, 1953–94
This article analyzes the political determinants of the distribution of infrastructure expenditures by the Italian government to the country's 92 provinces between 1953 and 1994. Extending implications of theories of legislative behavior to the context of open‐list proportional representation, we examine whether individually powerful legislators and ruling parties direct spending to core or marginal electoral districts and whether opposition part…
Incumbency Effects under Proportional Representation
We study incumbency effects for individual legislators from two political parties (Christian Democracy and the Italian Socialist Party) in Italy's lower house of representatives over 10 legislatures (1948–92) elected using open‐list proportional representation. Our analysis finds no reelection advantage for the average incumbent legislator. Only a tiny elite in each party successfully creates an incumbency advantage. We find incumbents advantaged…
The determinants of cross-border corruption
Saving, Growth, and Investment
This paper provides a descriptive analysis of the long- and short-run correlations among saving, investment, and growth rates for 123 countries over the period 1961-94. Three results are robust across data sets and estimation methods: i) lagges saving rates are positively related to investment rates; ii) investment rates Granger cause growth rates with a negative sign; iii) growth rates Granger-cause investment with a positive sign
Explaining Long- and Short-Run Interactions in Time Series Data
In this article, I extend the concept of separate cointegration to include the common-feature trend-cycle decomposition approach. This combined approach operates a reduction of the parameter space and permits the identification of the time series long- and short-run constituent factors. A careful assessment of their reciprocal relations, in turn, allows for the answering of potentially interesting economic questions. To show the usefulness of the…
Proposal for a New Measure of Corruption, Illustrated With Italian Data
Standard cross-national measures of corruption are assembled through surveys. We propose a novel alternative objective measure that consists of the difference between a measure of the physical quantities of public infrastructure and the cumulative price government pays for public capital stocks. Where the difference is larger between the monies spent and the existing physical infrastructure, more money is being siphoned off to mismanagement, frau…
Reputation-based governance
Although many have studied various incarnations of Internet-based reputation systems, past analyses have mostly been piecemeal in method and have focused only on market applications. I propose a general "reputation-based governance" framework that has interesting properties and implications. The concept also provides useful insights on the issues of openness (as in "open source" software) and of participative forms of design and production
Pork‐Barrel Politics in Postwar Italy, 1953–94
This article analyzes the political determinants of the distribution of infrastructure expenditures by the Italian government to the country's 92 provinces between 1953 and 1994. Extending implications of theories of legislative behavior to the context of open‐list proportional representation, we examine whether individually powerful legislators and ruling parties direct spending to core or marginal electoral districts and whether opposition part…
Federico Varese
According to one contemporary myth we live in a globalized age, where distance is dead and, as the title of a bestseller some years ago declared (Friedman, 2005), the world is flat. There is ample evidence that this is not so true. Distance is alive and kicking—it matters in international trade (Berthelon and Freund, 2008) and in many other human endeavours, including the production of immaterial goods such as patentable ideas (Picci, 2010). Ther…
A New Cross-National Measure of Corruption
A new measure of cross-national corruption is constructed based on the geographic distribution of public officials involved in cross-border corruption cases. A comparison is made between the Public Administration Corruption Index (PACI) and perception-based measures, considers the extent to which differences between them are driven by systematic factors, and concludes that they are not. As more data on cases of cross-border bribery incidents beco…
A New Cross-National Measure of Corruption
A new measure of cross-national corruption is constructed based on the geographic distribution of public officials involved in cross-border corruption cases. A comparison is made between the Public Administration Corruption Index (PACI) and perception-based measures, considers the extent to which differences between them are driven by systematic factors, and concludes that they are not. As more data on cases of cross-border bribery incidents beco…
Incumbency Effects under Proportional Representation
We study incumbency effects for individual legislators from two political parties (Christian Democracy and the Italian Socialist Party) in Italy's lower house of representatives over 10 legislatures (1948–92) elected using open‐list proportional representation. Our analysis finds no reelection advantage for the average incumbent legislator. Only a tiny elite in each party successfully creates an incumbency advantage. We find incumbents advantaged…
The determinants of cross-border corruption
Rethinking Corruption
Why have anti-corruption efforts often failed? Current thinking on corruption has largely overlooked the profound implications of its contested nature, which paradoxically makes it an effective yet highly dysfunctional 'tool of government.' As a tool of government, it helps execute policies and guarantees a degree of political order. Moreover, anti-corruption measures are wielded as political instruments, strategically embraced by governments and…
Making Bribery Profitable Again? The Market Effects of Suspending Accountability for Overseas Bribery
In February 2025, US President Trump signed an executive order blocking the initiation of any new investigations or enforcement actions under the Foreign Corrupt Practices Act (FCPA), which had made it unlawful for US companies to bribe foreign public officials. We analyze market valuations of publicly traded multinationals on US financial markets before and after the announcement. On the day of the executive order, former FCPA targets whose stoc…
"Unpacking Compliance and "Leakages'' in International Regimes
States and non-state organizations often only partially comply with international legal regimes. This behavior can have severe counterproductive effects when differences in compliance levels encourage "leakage," defined as actions that contradict the desired impact of the regime. In this paper, we explore this problem in the international regime devoted to anticorruption, centered on the OECD Anti-Bribery Convention (ABC), which led to the crimin…
Political science (9 obras) · Corruption and Economic Development (7 obras) · Economics (7 obras) · Language change (6 obras) · Computer Science (5 obras) · Law (4 obras) · Philosophy (4 obras) · Business (3 obras) · Crime, Illicit Activities, and Governance (3 obras) · Data mining (3 obras)