Green Grease: Environmental Crime, Corruption and Money Laundering.

We offer a theoretical and empirical analysis that shows how corruption can be a 'green grease' that facilitates both environmental crimes and money laundering. Corruption can be an accelerator that amplifies the multiplier effect on illegal revenues. We model these relationships using a logistic fu...

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Bibliographic Details
Published in:Kyklos Vol. 78; no. 3; pp. 991 - 1007
Main Authors: Barone, Raffaella, Masciandaro, Donato
Format: Article
Published: Wiley-Blackwell Aug2025
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Online Access:View this record in EBSCOhost
Description
Summary:We offer a theoretical and empirical analysis that shows how corruption can be a 'green grease' that facilitates both environmental crimes and money laundering. Corruption can be an accelerator that amplifies the multiplier effect on illegal revenues. We model these relationships using a logistic function, which we calibrate to estimate overall environmental crime revenues using Italian regional data from 1995 to 2020.