Assessing the impact of crime on the economic performance: the case of central america

Abstract

Crime is obviously a menace to economic growth and progress, but to acutely understand the enormity of its impact on economic performance for effective policy action, requires a credible means of measurement. Given the crime notoriety of the most of Central America and the struggling state of their economies, this article attempts to discern from econometric evaluation and analyses, the calculable economic impact of crime on the region's economic progress. From analyses of results, we find the model to be credible and useful following its provision of a much more accurate degree to which crime affects economic performance in Central America, which we find critical to guide policy measures.

Does unemployment lead to criminal activities?: An empirical analysis of CEE economies

“…They opened the question of socioeconomic indicators that have an influence on crime rate, focusing primarily on poverty, social exclusion, incomes, income inequality, educational level, and unemployment. The relation between crime and economic performance from any angle cannot be overemphasized (Estrada and Ndoma, 2016). The previous studies in this field have most often tried to determine the relations between unemployment and crime rate.…”