Citation
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 (IJEPEE), 15 (1).
pp. 1-11.
ISSN 1752-0452; ESSN: 1752-0460
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.
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Additional Metadata
Item Type: | Article |
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Divisions: | Faculty of Economics and Management |
DOI Number: | https://doi.org/10.1504/IJEPEE.2022.120063 |
Publisher: | Inderscience |
Keywords: | Crime rate; Income inequality; Nonlinear autoregressive distributed lag; NARDL |
Depositing User: | Ms. Nuraida Ibrahim |
Date Deposited: | 06 Jun 2023 07:08 |
Last Modified: | 06 Jun 2023 07:08 |
Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1504/IJEPEE.2022.120063 |
URI: | http://psasir.upm.edu.my/id/eprint/103486 |
Statistic Details: | View Download Statistic |
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