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Income inequality and property crime in selected Southern and Eastern European countries


Citation

Buba, Saad and Ishak, Suryati and Habibullah, Muzafar Shah and Mohd Noor, Zaleha (2018) Income inequality and property crime in selected Southern and Eastern European countries. International Journal of Economics and Management, 12 (spec. 2). pp. 567-581. ISSN 1823-836X; ESSN: 2600-9390

Abstract

This paper examines the impact of income inequality on the property crime by testing its effect using pooled mean group (PMG) estimator developed by Pesaran et al. (1999). Income inequality is specifically seen as the most noticeable feature of a bigger and more complex issue; less than 10 percent of the wealth in developed and developing countries is controlled by the poorest. Data from 14 emerging countries in the Southern and Eastern European regions were used to test and extend the income inequality and crime hypothesis. Variables such as the rule of law, unemployment, and education were also employed to examine their effects on property crime rate. The findings confirmed that the income inequality is positively associated with property crime rate. The rule of law, unemployment, and level of education also revealed a meaningful relationship with property crime rate in these regions.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Publisher: Faculty of Economics and Management, Universiti Putra Malaysia
Keywords: Income inequality; Pooled mean group; Property crime; Rule of law; Southern and Eastern Europe
Depositing User: Nabilah Mustapa
Date Deposited: 12 Nov 2019 07:08
Last Modified: 12 Nov 2019 07:08
URI: http://psasir.upm.edu.my/id/eprint/22552
Statistic Details: View Download Statistic

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