Efficiency in the use of natural non-renewable resources from mining and quarrying in Italy. Time series analysis and Economy-wide Material Flows Accounts

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Abstract

Political reasons have been pushing towards a process of decentralization ofpowers and responsibilities since last twenty years in Italy. The regional managementof mining and quarrying (m&q) should be an interesting case study of this change.This process has begun in the ’70s with the Pres. Decree N. 616 of 1977. Byexamining administrative data and Regional Laws, this paper highlights howmisleading is the awareness of policy makers of the real value of raw mineralresources domestically extracted: they seem closer to common goods rather than topublic goods. By combining data on local governance with official statistics ofEconomy-wide Material Flow Accounts (EW-MFA), our econometric analysis intendsto verify both the existence of an inverse supply curve between m&q domesticproducer price index (as dependent variable) and no-energy producing mineralquantity extracted and the effect of Italian Regions Responsibility about m&q activityon m&q domestic producer price index, controlling for construction sector valueadded, R&D national expenditure, Openness to international trade (1980-2010)
Lingua originaleEnglish
Numero di pagine4
Stato di pubblicazionePublished - 2012

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