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Crime and its socio-macroeconomics determinants: a panel-error-correction cointegration analysis

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dc.contributor.authorMuzafar Shah Habibullah
dc.contributor.authorZaleha Mohd Noor
dc.contributor.authorBaharom Abdul Hamid
dc.date.accessioned2016-06-06
dc.date.accessioned2016-07-25T20:05:45Z
dc.date.available2016-06-06
dc.date.available2016-07-25T20:05:45Z
dc.date.disclosure2016-06-10
dc.date.issued2013
dc.description.abstractThis study investigates the relationship between crime and socio and macro economic variables such as income, unemployment, inflation, interest rate, and also the political violence, both domestic and regional. The main motivation of the study is to have a better understanding of crime as well as finding and suggesting alternative ways of approaching crime. We analyzed 21 countries, with data spanning from 1960 to 2001.We adopted the model and framework introduced by Viren (2001) based on Becker (1968), Block and Heineke (1975). However, we slightly modified by rephrasing it in order not to only capture the long run relationship but also the short run adjustment. We employed the panel error- correction based cointegration (Persyn and Westerlund (2008)) to analyze and estimate the model. A number of important findings are extracted from the analysis in accordance to the objectives of this study. Firstly, we discover a negative long run relationship between income and crime; positive long run relationship between inflation and crime; unemployment and crime; as well as lending rate and crime. As for the political violence variable, domestic political violence seems to be negatively related; on the contrary regional political violence is positively related. We believe this might be attributed to the spillover effect. All the signs are as anticipated and justified in this study; and are concurrent with most of the past literatures.
dc.identifier.citationAbdul Hamid, Baharom and Habibullah, Muzafar Shah and Mohd Noor, Zaleha. (2013). Crime and its socio-macroeconomics determinants: a panel-error-correction cointegration analysis. Jurnal Ekonomi Malaysia, 47 (2), pp. 13-24.
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/1401
dc.languageEnglish
dc.language.isoeng
dc.publisherUniversiti Kebangsaan Malaysia
dc.rights2013. UKM
dc.sourceCRP
dc.subjectCrime
dc.subjectEconomic variables
dc.subjectPanel-error correction based cointegration
dc.titleCrime and its socio-macroeconomics determinants: a panel-error-correction cointegration analysis
dc.title.subtitleJenayah dan penentu ekonomi sosio-makro: kointegrasi pembetulan ralat panel
dc.typeJournal Article
dlc.maintopicMaqasid of Shariah
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicMaqasid of Shariah
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relation.isAuthorOfPublication.latestForDiscovery219f93a8-b38f-400c-981f-6a7162e44a2f
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