The effect of socio-economic determinants on crime rates: An empirical research in the case of Greece with cointegration analysis
AbstractThe present paper analyzes the relationship between the criminal offences, the function of the justice system and some of their socio-economic determinants in the case of Greece by estimating their dynamic interactions. The analysis covers the period 1971-2006 and the cointegration methodologies of Johansen (1988) and Johansen- Juselius (1990, 1992) are applied to the VAR model. From the cointegration results, a cointegrating vector is shown among total offences, convicted persons and socio-economic variables. Moreover, Error Correction Models are estimated for the short-run dynamics of the explanatory variables and their convergence to a long-run equilibrium state
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Bibliographic InfoArticle provided by Technological Educational Institute (TEI) of Kavala, Greece in its journal International Journal of Economic Sciences and Applied Research (IJESAR).
Volume (Year): 2 (2009)
Issue (Month): 2 (December)
Crimes; Socioeconomic determinants; Greece; Cointegration; Error Correction Model;
Find related papers by JEL classification:
- I2 - Health, Education, and Welfare - - Education
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
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