Insurance fraud and corruption in the United States

Rajeev Goel

Applied Financial Economics, 2014, vol. 24, issue 4, 241-246

Abstract: Using cross-sectional data for US states, this article examines the determinants of insurance fraud, focusing especially on the nexus between convictions for corruption and for insurance fraud. Results show that corruption convictions tend to crowd out insurance fraud convictions -- i.e., increases in convictions for corruption result in lower fraud convictions. In other findings, more crime fighting and prosecutorial resources increase fraud convictions, while the effects of specific insurance regulations are statistically insignificant. These findings are generally robust to simultaneity between corruption and insurance fraud. Policy implications are discussed.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.1080/09603107.2013.877570 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apfiec:v:24:y:2014:i:4:p:241-246

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAFE20

DOI: 10.1080/09603107.2013.877570

Access Statistics for this article

Applied Financial Economics is currently edited by Anita Phillips

More articles in Applied Financial Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().