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

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  • 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.

Suggested Citation

  • George Saridakis & Hannes Spengler, 2009. "Crime, Deterrence and Unemployment in Greece: A Panel Data Approach," Discussion Papers of DIW Berlin 853, DIW Berlin, German Institute for Economic Research.
  • Handle: RePEc:diw:diwwpp:dp853
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    File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.94053.de/dp853.pdf
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    Cited by:

    1. 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.
    2. Cerro, Ana María & Ortega, Ana Carolina, 2012. "Sources of Regional Crime Persistence Argentina 1980-2008," MPRA Paper 44482, University Library of Munich, Germany.
    3. Burhan, Nik Ahmad Sufian & Kurniawan, Yohan & Sidek, Abdul Halim & Mohamad, Mohd Rosli, 2014. "Crimes and the Bell Curve: The Role of People with High, Average, and Low Intelligence," MPRA Paper 77314, University Library of Munich, Germany.
    4. 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.
    5. Ioannis Laliotis, 2016. "Crime and unemployment in Greece: Evidence before and during the crisis," Economics and Business Letters, Oviedo University Press, vol. 5(1), pages 10-16.
    6. Vedran Recher, 2016. "Tougher Than the Rest? Relationship between Unemployment and Crime in Croatia," Working Papers 1602, The Institute of Economics, Zagreb.
    7. Burhan, Nik Ahmad Sufian & Che Razak, Razli & Selamat, Muhamad Rosli & Rosli, Muhamad Ridhwan, 2017. "Intellectual Giftedness for Leadership: How Robust is the Crime Reducing Effect of Intellectual Class?," MPRA Paper 77467, University Library of Munich, Germany.
    8. 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.
    9. 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.
    10. Zimmerman, Paul R., 2014. "The deterrence of crime through private security efforts: Theory and evidence," International Review of Law and Economics, Elsevier, vol. 37(C), pages 66-75.

    More about this item

    Keywords

    crime; deterrence; unemployment; panel data; GMM;

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