Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU Panel

Higher crime rates lead to the increasing fear and anxiety in society and disturb the social structure and harmony in the country. In the last decades, many scientists depict a decrease in economic factors, such as GDP per capita, unemployment rate, poverty, etc. as the primar...

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Main Authors: Mindaugas Butkus, Kristina Matuzevičiūtė, Alma Mačiulytė-Šniukienė
Format: Article
Language:deu
Published: Faculty of Economics University of Rijeka 2019-12-01
Series:Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Subjects:
Online Access:https://www.efri.uniri.hr/upload/ZBORNIK%202_2019/09-Butkus%20et%20al-2019-2.pdf
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author Mindaugas Butkus
Kristina Matuzevičiūtė
Alma Mačiulytė-Šniukienė
author_facet Mindaugas Butkus
Kristina Matuzevičiūtė
Alma Mačiulytė-Šniukienė
author_sort Mindaugas Butkus
collection DOAJ
description Higher crime rates lead to the increasing fear and anxiety in society and disturb the social structure and harmony in the country. In the last decades, many scientists depict a decrease in economic factors, such as GDP per capita, unemployment rate, poverty, etc. as the primary drivers of crime both in developed and in developing countries. Even during the periods of economic crises, crime rates in the European Union (EU) continued to either decline or remain the same, thus bringing into question the impact of economic factors on crime rates in the EU. The paper examines the impact of changing economic conditions on crime rates in EU countries, employing nowadays vastly used methods in economics to address endogeneity. The aim of the paper is to empirically estimate the relationship between crime rates and economic factors, using previously developed methods. After a series of robustness checks, estimations did not provide evidence of a significant relationship between economic conditions and crime rates over the last decade in EU countries, except for homicides in some model specifications.
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spelling doaj.art-63b8af3761f44abca111d7c3daafacd42022-12-21T18:49:26ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80041846-75202019-12-0137260362810.18045/zbefri.2019.2.603Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU PanelMindaugas Butkus0Kristina Matuzevičiūtė1Alma Mačiulytė-Šniukienė2quantitative methods in economics, econometricnational and regional development, international labour migrationregional development, competitivenesHigher crime rates lead to the increasing fear and anxiety in society and disturb the social structure and harmony in the country. In the last decades, many scientists depict a decrease in economic factors, such as GDP per capita, unemployment rate, poverty, etc. as the primary drivers of crime both in developed and in developing countries. Even during the periods of economic crises, crime rates in the European Union (EU) continued to either decline or remain the same, thus bringing into question the impact of economic factors on crime rates in the EU. The paper examines the impact of changing economic conditions on crime rates in EU countries, employing nowadays vastly used methods in economics to address endogeneity. The aim of the paper is to empirically estimate the relationship between crime rates and economic factors, using previously developed methods. After a series of robustness checks, estimations did not provide evidence of a significant relationship between economic conditions and crime rates over the last decade in EU countries, except for homicides in some model specifications.https://www.efri.uniri.hr/upload/ZBORNIK%202_2019/09-Butkus%20et%20al-2019-2.pdfcrime ratescrime preventioneconomic conditionspanel datagmm estimator
spellingShingle Mindaugas Butkus
Kristina Matuzevičiūtė
Alma Mačiulytė-Šniukienė
Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU Panel
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
crime rates
crime prevention
economic conditions
panel data
gmm estimator
title Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU Panel
title_full Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU Panel
title_fullStr Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU Panel
title_full_unstemmed Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU Panel
title_short Do Economic Conditions Still Cause Crime? Some Comforting Empirical Evidences from EU Panel
title_sort do economic conditions still cause crime some comforting empirical evidences from eu panel
topic crime rates
crime prevention
economic conditions
panel data
gmm estimator
url https://www.efri.uniri.hr/upload/ZBORNIK%202_2019/09-Butkus%20et%20al-2019-2.pdf
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