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Crime, Deterrence and Unemployment in Greece: A Panel Data Approach

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Author Info

  • George Saridakis
  • Hannes Spengler

Abstract

This study empirically examines the relationship between crime, deterrence and unemployment in Greece. A regional dataset over the period 1991-1998 was collected and analyzed. Our econometric methodology follows the Generalized Method of Moments (GMM) estimator applied to dynamic models of panel data. The results show that property crimes are significantly deterred by higher clear-up rates. Also for property crime rates, the results indicate that unemployment increases crime. For violent crimes, however, the effect of the clear-up rate and unemployment are found to be insignificant.

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File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.94053.de/dp853.pdf
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Bibliographic Info

Paper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number 853.

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Length: 9 p.
Date of creation: 2009
Date of revision:
Handle: RePEc:diw:diwwpp:dp853

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Keywords: crime; deterrence; unemployment; panel data; GMM;

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Cited by:
  1. Cerro, Ana María & Ortega, Ana Carolina, 2012. "Sources of Regional Crime Persistence Argentina 1980-2008," MPRA Paper 44482, University Library of Munich, Germany.
  2. Caruso, Raul, 2014. "What is the relationship between unemployment and rape? Evidence from a panel of European regions," MPRA Paper 54725, University Library of Munich, Germany.
  3. Cerro, Ana María & Rodríguez Andrés, Antonio, 2011. "Typologies of Crime in the Argentine Provinces. A Panel Study 2000-2008," MPRA Paper 44460, University Library of Munich, Germany.
  4. George Saridakis & Sandra Sookram, 2014. "Violent Crime and Perceived Deterrence: An Empirical Approach using the Offending Crime and Justice Survey," Economic Issues Journal Articles, Economic Issues, vol. 19(1), pages 23-56, March.
  5. Majid Maddah, 2013. "An Empirical Analysis of the Relationship between Unemployment and Theft Crimes," International Journal of Economics and Financial Issues, Econjournals, vol. 3(1), pages 50-53.

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