The Effect of Socio-Economic Determinants on Crime Rates: An Empirical Research in the Case of Greece with Cointegration Analysis
Year: 2009
Type: article
Abstract: The present paper analyzes the relationship between the criminal offences, the function of the justice system and some of their socio-economic determinants in the case of Greece by estimating their dynamic interactions. The analysis covers the period 1971-2006 and the cointegration methodologies of Johansen (1988) and Johansen-Juselius (1990, 1992) are applied to the VAR model. From the cointegration results, a cointegrating vector is shown among total offences, convicted persons and socio-economic variables. Moreover, Error Correction Models are estimated for the short-run dynamics of the explanatory variables and their convergence to a long-run equilibrium state.
Source: Econstor (Econstor)
Authors: Nikolaos Dritsakis, Alexandros Gkanas
Institution: University of Macedonia
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7056543416