The separation of powers and responsibilities has evolved over time in Italy given that political ideals havebeen pushing towards a greater decentralization for the last twenty years. Under environmental federalismissues, an interesting case of study - capable of being empirically treated - is the attribution of power to theRegional governments over the management of mining and quarrying. This process, however, -- started inthe ’70s with the Presidential Decree N. 616 of 1977. By examining Regional Laws, this paper highlightshow the policy makers have a misleading perception of the real value of raw mineral resources domesticallyextracted and that these seem closer to common goods rather than to public goods. By using official statistics,the aim of our econometric analysis is to verify both the existence of an inverse supply curve betweenmining and quarrying domestic producer price index - considered as a dependent variable - and non-energyproducing mineral quantity extracted and the effect of the Italian Regions Responsibility over mining andquarrying activity on mining and quarrying domestic producer price index, controlling for constructionsector value added, R&D national expenditure and Openness to international trade in the period 1980-2009.
|Numero di pagine||30|
|Stato di pubblicazione||Published - 2013|