Does crime impede economic growth? An evidence from India

Raj, Pranav; Kalluru, Siva Reddy

doi:10.1080/23311886.2023.2196814

Cited by 3 publications

(2 citation statements)

References 39 publications

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“…These values indicate an inverse proximity effect regarding the impact on domestic investment. The results are consistent with many recent studies concerning the relationship between crime and economic variables (Garriga and Phillips 2022;Sugiharti et al 2022;Simo-Kengne and Bitterhout 2023;Raj and Kalluru 2023;Boamah et al 2023;Yu et al 2023;Magableh et al 2023;Forgione and Migliardo 2023), suggesting that the Dubai Police needs to continue conducing activities in order to minimize the impact of crime against a person on domestic investment and economic activity. This management involves the utilization of advanced technology and artificial intelligence.…”

Section: Discussionsupporting

confidence: 91%

“…Other studies found an absence of an impact on economic growth. Raj and Kalluru (2023) explored the effect of homicide on economic growth in India spanning the period 1990-2019 utilizing the autoregressive distributed lag (ARDL) model. The findings indicated that the homicide rate had a significant negative impact on economic growth in the short run.…”

Section: Literature Reviewmentioning

confidence: 99%

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The Impact of Crime against a Person on Domestic Investment in Dubai

Adela,

Aldhaheri

2024

JRFM

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The rise in crime against a person in rapidly growing cities poses significant risks to societies and economies, affecting both microeconomic and macroeconomic aspects. This trend could potentially deter economic performance and domestic investment. Consequently, this study aims to analyze the impact of crime against a person on domestic investment in Dubai spanning 1989–2021. Dubai is considered an emerging economy and a highly competitive global city. It is also acknowledged as one of the world’s smart cities. This study employed the novel nonlinear autoregressive distributed lag (NARDL) approach to investigate the impact of both the escalation and contraction of crime against a person on domestic investment in Dubai. The findings exhibit that the fluctuation in crime against a person has an asymmetrical impact on domestic investment. In addition, estimations of the positive and negative long-run asymmetric coefficients indicate that crime against a person has a negative impact on domestic investment in Dubai.

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Section: Discussionsupporting

confidence: 91%

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Crime against a Person on Domestic Investment in Dubai

Adela,

Aldhaheri

2024

JRFM

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Are crimes against women in India converging? Some empirical observations

Puri,

Paltasingh,

Mohanty

2024

Global Crime

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What Determines the Crime Rate? A Macroeconomic Case Study

Karpavicius,

Stavytskyy,

Giedraitis

et al. 2024

Economies

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This study examines the relationship between economic indicators and crime rates in six European countries: Lithuania, Germany, Greece, Portugal, Finland and Sweden. By examining macroeconomic factors such as GDP, security spending and per capita consumption, the study aims to understand how these variables affect crime dynamics. Using robust econometric techniques, including panel regression with fixed effects, the study identifies significant correlations and patterns. The findings reveal that the crime rate has a high degree of inertia and is significantly influenced by the previous level. Contrary to expectations, increased per capita consumption is associated with higher crime rates, which may indicate that wealthier societies are experiencing an increase in economic crime. Furthermore, higher spending on security does not necessarily reduce crime, suggesting that types of crime evolve as detection capabilities improve. This study highlights the complexity of the nexus between crime and the economy, highlighting the need for multifaceted, long-term policies to effectively combat crime and increase public safety. The results offer valuable insights for policymakers to develop comprehensive crime prevention and economic development strategies.

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Does crime impede economic growth? An evidence from India

Cited by 3 publications

References 39 publications

The Impact of Crime against a Person on Domestic Investment in Dubai

The Impact of Crime against a Person on Domestic Investment in Dubai

Are crimes against women in India converging? Some empirical observations

What Determines the Crime Rate? A Macroeconomic Case Study

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