The relationship of crime and macroeconomic variables in the Philippines
Date
2018-05
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Abstract
A growing literature on economic analysis of crime has linked macroeconomic conditions to the crime rates of a country. Due to different econometric methods and data used, mixed results are yielded on how significant and influential each economic factor is on crime incidence. In this paper, the researchers will use ARDL bounds testing approach to cointegration and VECM to examine the causal relationship between macroeconomic conditions namely unemployment and underemployment, inflation, GDP and GDP per capita growth and property crimes such as break ins, street robbery and carnapping in the Philippines.
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Keywords
crime rate, crime, macroeconomics, Philippines