Macroeconomic Determinants of Crime: Evidence from India
12 Pages Posted: 21 Jul 2017
Date Written: July 18, 2017
This paper uses data from 1991–2015 to examine the relationship between crime, GDP per capita, inflation, and unemployment rate in India. The Johansen cointegration test confirms the presence of cointegration relationship between the variables. The Toda-Yamamoto Granger causality test suggests that all the macroeconomic variables can significantly affect the crime level in India, and vice versa.
Keywords: Crime; Macroeconomic Conditions; GDP per Capita; Inflation; Unemployment; India
JEL Classification: K42; J11
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