Do inequality, unemployment and deterrence affect crime over the long run? Regional Studies. This paper investigates the long-run relationship between crime, inequality, unemployment and deterrence using US state-level data from 1978 to 2013. The novelty is to use non-stationary panels with a factor structure. The results show that: (1) a crime-theoretical model fits the long-run relationship well; (2) income inequality and unemployment have a positive impact on crime, whereas that of deterrence is negative; (3) the effect of income inequality on crime is larger when inequality is measured on a wider population proportion; and (4) property crime is generally highly sensitive to the deterrence effect of police.
Do inequality, unemployment and deterrence affect crime over the long run? / Costantini, Mauro; Meco, Iris; Paradiso, Antonio. - In: REGIONAL STUDIES. - ISSN 0034-3404. - 52:4(2018), pp. 558-571. [10.1080/00343404.2017.1341626]
Do inequality, unemployment and deterrence affect crime over the long run?
Costantini, Mauro;
2018
Abstract
Do inequality, unemployment and deterrence affect crime over the long run? Regional Studies. This paper investigates the long-run relationship between crime, inequality, unemployment and deterrence using US state-level data from 1978 to 2013. The novelty is to use non-stationary panels with a factor structure. The results show that: (1) a crime-theoretical model fits the long-run relationship well; (2) income inequality and unemployment have a positive impact on crime, whereas that of deterrence is negative; (3) the effect of income inequality on crime is larger when inequality is measured on a wider population proportion; and (4) property crime is generally highly sensitive to the deterrence effect of police.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
