Crime and Prices

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Crime and Prices

Author Info

Gluschenko, Konstantin (Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences)

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Konstantin Gluschenko

Abstract

The impact of organized crime on inter-regional price disparities in Russia is estimated for each year from 1992 to 2000, and over the panel of 1993-2000, using a sample of 70 Russian regions, and that of 50 regions from the European part of the country. The relationship between prices and crime is, for the most part, statistically significant and positive. Organized crime considerably contributes to the average cross-region price dispersion. However, the effect of organized crime has been diminishing over time.

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Paper provided by Institute for Advanced Studies in its series Economics Series with number 167.

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Length: 17 pages
Date of creation: Feb 2005
Date of revision:
Handle: RePEc:ihs:ihsesp:167

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Find related papers by JEL classification:
K49 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Other
P22 - Economic Systems - - Socialist Systems and Transition Economies - - - Prices
P37 - Economic Systems - - Socialist Institutions and Their Transitions - - - Legal
R19 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Other

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Engel, Charles & Rogers, John H, 1996. "How Wide Is the Border?," American Economic Review, American Economic Association, vol. 86(5), pages 1112-25, December. [Downloadable!] (restricted)
Other versions:
- Charles Engel & John H. Rogers, 1994. "How Wide is the Border?," NBER Working Papers 4829, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
- Charles Engel & John H. Rogers, 1995. "How wide is the border?," International Finance Discussion Papers 498, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
- Engel, C. & Rogers, J.H., 1995. "How Wide is the Border?," Papers 4-95-16, Pennsylvania State - Department of Economics.
- Charles Engel & John H. Rogers, 1995. "How wide is the border?," Research Working Paper 95-09, Federal Reserve Bank of Kansas City. [Downloadable!]
Konstantin Gluschenko, 2003. "Market integration in Russia during the transformation years," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 11(3), pages 411-434, 09. [Downloadable!] (restricted)
Other versions:
- Gluschenko, Konstantin, 2002. "Market Integration in Russia During the Transformation Years," Economics Series 116, Institute for Advanced Studies. [Downloadable!]
Konstantin Gluschenko, 2004. "Analysing changes in market integration through a cross-sectional test for the law of one price," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(2), pages 135-149. [Downloadable!]

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