ID | 086215 |
Title Proper | Investigating causality among unemployment, income and crime in Taiwan |
Other Title Information | evidence from the bounds test approach |
Language | ENG |
Author | Chen, Shyh-Wei |
Publication | 2009. |
Summary / Abstract (Note) | This paper examines the long-run and causal relationships among unemployment, income and crime in Taiwan. The results clearly indicate that there is a long-run level equilibrium relationship among unemployment, income and total crime. There are also long-run relationships among unemployment, income and theft and among unemployment, income and economic fraud. The causality test results from the ECM-VAR and level VAR models indicate that there is a neutral relationship among unemployment, income and total crime, and a neutral relationship among unemployment, income and all three categories of crime. It is concluded that there is no strong evidence in favor of the unemployment-led crime (ULC) or the crime-led unemployment (CLU) hypotheses in Taiwan. |
`In' analytical Note | Journal of Chinese Economics and Business Studies Vol. 7, No. 1; Feb 2009: p.115 - 125 |
Journal Source | Journal of Chinese Economics and Business Studies Vol. 7, No. 1; Feb 2009: p.115 - 125 |
Key Words | Crime ; Unemployment, bounds test ; Granger Causality ; Taiwan ; Test Approach ; Income and Crime |