Violent Crime in the United States of America: A Time-Series Analysis Between 1960–2000 |
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Authors: | George Saridakis |
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Affiliation: | (1) Department of Economics, University of Leicester, University Road, LE1 7RH Leicester, UK |
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Abstract: | This paper empirically assesses the effects of socio-economic and demographic variables on violent crime in the United States. Using national-level time-series data over the period 1960–2000, an unrestricted vector autoregressive (VAR) model was estimated for overall violent crime, murder, rape and assault. The results indicate that there is no long-run relationship among the examined variables, but significant short-run relationships hold. Imprisonment growth, income inequality, alcohol consumption, and racial composition of the male youth population are shown to influence the short-run behaviour of violent crime. |
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Keywords: | violent crime rationality socio-economic and demographic determinants cointegration analysis dynamic OLS |
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