The effect of socio-economic determinants on crime rates: An empirical research in the case of Greece with cointegration analysis

Nikolaos Dritsakis () and Alexandros Gkanas
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Nikolaos Dritsakis: University of Macedonia, Department of Applied Informatics, Greece
Alexandros Gkanas: University of Macedonia, Department of Applied Informatics, Greece

International Journal of Business and Economic Sciences Applied Research (IJBESAR), 2009, vol. 2, issue 2, 51-64

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

Keywords: Crimes; Socioeconomic determinants; Greece; Cointegration; Error Correction Model (search for similar items in EconPapers)
JEL-codes: I2 K42 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:tei:journl:v:2:y:2009:i:2:p:51-64

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