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Does more crime mean fewer jobs? An ARDL model

Detotto, Claudio and Pulina, Manuela (2009) Does more crime mean fewer jobs? An ARDL model. Cagliari, CRENoS-CUEC. p. 20 (Working Papers CRENoS, 2009, 5). ISBN 978-88-8467-530-9. Working Paper.

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This paper analyses how a set of economic variables and a deterrence variable affect criminal activity. Furthermore, it highlights the extent to which crime is detrimental for the economic activity. The case study is Italy for the time span 1970 up to 2004. An Autoregressive Distributed Lags approach is employed to assess the cointegration status of the variables under investigation. A Granger causality test is also implemented to establish temporal interrelationships. The main finding is that all crime typologies, but homicides and fraud, have a crowding-out effect on legal economic activity, reducing the employment rate.

Item Type:Working Paper
ID Code:2959
Uncontrolled Keywords:Crime, deterrence, economic variables, crowding-out effect
Subjects:Area 13 - Scienze economiche e statistiche > SECS-P/05 Econometria
Area 13 - Scienze economiche e statistiche > SECS-P/01 Economia politica
Divisions:002 Altri enti e centri di ricerca del Nord Sardegna > CRENoS-Centro Ricerche Economiche Nord Sud, Università di Cagliari e Università di Sassari
001 Università di Sassari > 01 Dipartimenti > Economia, impresa, regolamentazione
Copyright Holders:© CUEC 2009
Publisher Policy:Depositato per gentile concessione del CRENoS e di CUEC
Deposited On:11 Sep 2009 10:47

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