Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/259979 
Year of Publication: 
2009
Series/Report no.: 
Working Paper No. 2009:20
Publisher: 
Lund University, School of Economics and Management, Department of Economics, Lund
Abstract: 
Many empirical studies of the economics of crime focus solely on the determinants thereof, and do not consider the dynamic and cross-sectional properties of their data. As a response to this, the current paper offers an in-depth analysis of this issue using data covering 21 Swedish counties from 1975 to 2008. The results suggest that the four crime types considered are non-stationary, and that this cannot be attributed to county specific disparities, but rather that it is due to a small number of common stochastic trends to which groups of counties tend to revert. The results further suggest that these trends can be given a macroeconomic interpretation. Our findings are consistent with recent theoretical models predicting that crime should be dependent across both time and counties.
Subjects: 
Crime
Non-stationary data
Panel unit root tests
Common factor
JEL: 
C32
C33
E20
K40
Document Type: 
Working Paper

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