Is Economic Growth Criminogenic for Firms In Developing Economies?
Several studies have explored the relationship between economy level crime rates or individual level crime and economic growth. However, few studies have examined the relationship between economic growth and crime against firms which is an important issue especially for developing economies. Using data for about 12,000 firms in 27 developing countries we find that economic growth has a negative effect on crime. We also find that several macro-economic factors can weaken or strengthen the relationship between crime and economic growth. The results are robust to various sensitivity checks.
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| Date of creation: | 15 Dec 2012 |
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| Handle: | RePEc:pra:mprapa:36724 |
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References listed on IDEAS
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- Morgan Kelly, 2000.
"Inequality And Crime,"
The Review of Economics and Statistics,
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- Morgan Kelly, 2000. "Inequality and crime," Open Access publications 10197/523, School of Economics, University College Dublin.
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- Dutta, Mousumi & Husain, Zakir, 2009. "Determinants of crime rates: Crime Deterrence and Growth in post-liberalized India," MPRA Paper 14478, University Library of Munich, Germany.
- Soares, Rodrigo R., 2004. "Development, crime and punishment: accounting for the international differences in crime rates," Journal of Development Economics, Elsevier, vol. 73(1), pages 155-184, February.
- Alejandro Gaviria, 2002.
"Assessing the Effects of Corruption and Crime on Firm Performance: Evidence from Latin America,"
INVESTIGACIÓN ECONÓMICA EN COLOMBIA
001902, FUNDACIÓN PONDO.
- Gaviria, Alejandro, 2002. "Assessing the effects of corruption and crime on firm performance: evidence from Latin America," Emerging Markets Review, Elsevier, vol. 3(3), pages 245-268, September.
- Norman Loayza & Pablo Fajnzylber & Daniel Lederman, 2000. "Crime and Victimization: An Economic Perspective," ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION, ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION, vol. 0(Fall 2000), pages 219-302, August.
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