Goh, Lim Thye and Law, Siong Hook (2022) The crime rate and income inequality in Brazil: A nonlinear ARDL approach. International Journal of Economic Policy in Emerging Economies, 15 (1). 1 – 11. ISSN 1752-0452, DOI https://doi.org/10.1504/IJEPEE.2022.120063.
Full text not available from this repository.Abstract
This paper explores the relationship between the crime rate and income inequality for Brazil using a nonlinear autoregressive distributed lag (NARDL) model. Our result suggests that the crime rate and income inequality are significantly cointegrated. Besides, the NARDL model affirms the presence of asymmetric behaviour between the crime rate and income inequality. More specifically, in the long run, reduced income inequality will lead to a decrease in the crime rate with a greater deviation, whereas an increase in income inequality tends to lead to an increase in the crime rate with a lower deviation. Therefore, the crime rate responds more to negative changes than to positive changes in the level of income inequality. Copyright © 2022 Inderscience Enterprises Ltd.
| Item Type: | Article |
|---|---|
| Funders: | None |
| Uncontrolled Keywords: | Crime rate, Income inequality, Nonlinear autoregressive distributed lag, NARDL |
| Subjects: | H Social Sciences > HB Economic Theory > Business cycles. Economic fluctuations |
| Divisions: | Faculty of Business and Economics |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 04 Oct 2023 02:19 |
| Last Modified: | 05 Oct 2023 04:24 |
| URI: | http://eprints.um.edu.my/id/eprint/43182 |
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