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How crime affects economic performance: The case of Guatemala

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  • Estrada, Mario Arturo Ruiz
  • Ndoma, Ibrahim

Abstract

The impact of crime on economic growth is obviously substantial, but measuring the degree of its effects on a country's economic performance is subject to a great deal of uncertainty. This paper primarily attempts to close this gap using the economics of crime monitoring model, a new economic instrument that could be used to evaluate the impact of crime on economic performance. Guatemala was used to illustrate the applicability of the model from where analyses provide a coherent evaluation of the degree to which crime can affect a country's economic performance.

Suggested Citation

  • Estrada, Mario Arturo Ruiz & Ndoma, Ibrahim, 2014. "How crime affects economic performance: The case of Guatemala," Journal of Policy Modeling, Elsevier, vol. 36(5), pages 867-882.
    • Handle: RePEc:eee:jpolmo:v:36:y:2014:i:5:p:867-882
    DOI: 10.1016/j.jpolmod.2014.09.002
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    References listed on IDEAS

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    4. Costa, Antonio Maria, 2010. "The economics of crime: A discipline to be invented and a Nobel Prize to be awarded," Journal of Policy Modeling, Elsevier, vol. 32(5), pages 648-661, September.
    5. Angela K. Dills & Jeffrey A. Miron & Garrett Summers, 2010. "What Do Economists Know about Crime?," NBER Chapters, in: The Economics of Crime: Lessons For and From Latin America, pages 269-302, National Bureau of Economic Research, Inc.
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    Cited by:

    1. René Cabral & André Varella Mollick & Eduardo Saucedo, 2019. "Foreign Direct Investment In Mexico, Crime, And Economic Forces," Contemporary Economic Policy, Western Economic Association International, vol. 37(1), pages 68-85, January.
    2. Cabral Torres René & Mollick André V. & Saucedo Eduardo, 2018. "The Impact of Crime and Other Economic Forces on Mexico's Foreign Direct Investment Inflows," Working Papers 2018-24, Banco de México.
    3. Alam Khan & Mario Estrada & Zarinah Yusof, 2016. "How terrorism affects the economic performance? The case of Pakistan," Quality & Quantity: International Journal of Methodology, Springer, vol. 50(2), pages 867-883, March.

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    More about this item

    Keywords

    Crime; Economic performance; ECM-Model; Guatemala;
    All these keywords.

    JEL classification:

    • Y20 - Miscellaneous Categories - - Introductions and Prefaces - - - Introductions and Prefaces

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