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ID086215
Title ProperInvestigating causality among unemployment, income and crime in Taiwan
Other Title Informationevidence from the bounds test approach
LanguageENG
AuthorChen, Shyh-Wei
Publication2009.
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 NoteJournal of Chinese Economics and Business Studies Vol. 7, No. 1; Feb 2009: p.115 - 125
Journal SourceJournal of Chinese Economics and Business Studies Vol. 7, No. 1; Feb 2009: p.115 - 125
Key WordsCrime ;  Unemployment, bounds test ;  Granger Causality ;  Taiwan ;  Test Approach ;  Income and Crime