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The effect of socio-economic determinants on crime rates: An empirical research in the case of Greece with cointegration analysis

  • Nikolaos Dritsakis

    ()

    (University of Macedonia, Department of Applied Informatics, Greece)

  • Alexandros Gkanas

    (University of Macedonia, Department of Applied Informatics, Greece)

Registered author(s):

    The 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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    Article provided by Eastern Macedonia and Thrace Institute of Technology (EMATTECH), Kavala, Greece in its journal International Journal of Economic Sciences and Applied Research (IJESAR).

    Volume (Year): 2 (2009)
    Issue (Month): 2 (December)
    Pages: 51-64

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    Handle: RePEc:tei:journl:v:2:y:2009:i:2:p:51-64
    Contact details of provider: Web page: http://ijbesar.teiemt.gr/

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