2018
DOI: 10.1108/jcrpp-11-2017-0037
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Persistence in incarcerations: global comparative evidence

Abstract: Purpose The purpose of this paper is to assess how incarcerations persist across the world. The focus is on 163 countries for the period 2010-2015. Design/methodology/approach The empirical evidence is based on generalized method of moments. In order to increase room for policy implications, the data set is decomposed into sub-samples based on income levels, religious domination, openness to the sea, regional proximity and legal origins. Findings The following main findings are established. Incarcerations … Show more

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Cited by 20 publications
(35 citation statements)
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“…The theoretical foundations are also in line with mainstream literature on incomelevel convergence, which has been documented within the premise of neoclassical growth models (Barro 1991;Barro andSala-i-Martin 1992, 1995;Baumol 1986;Mankiw, Romer, and Weil 1992). The underlying theoretical framework has been recently extended to other areas of development economics, notably: inclusive development (Asongu 2014;Mayer-Foulkes 2010); and progress in financial markets (Asongu 2013;Bruno, De Bonis, and Silvestrini 2012;Narayan, Mishra, and Narayan 2011). As argued by Narayan, Mishra, and Narayan (2011), it is unlikely that persistence and convergence can be established within a heterogeneous set of countries because idiosyncratic tendencies may be many and loom substantially.…”
Section: Theoretical Underpinningsmentioning
confidence: 64%
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“…The theoretical foundations are also in line with mainstream literature on incomelevel convergence, which has been documented within the premise of neoclassical growth models (Barro 1991;Barro andSala-i-Martin 1992, 1995;Baumol 1986;Mankiw, Romer, and Weil 1992). The underlying theoretical framework has been recently extended to other areas of development economics, notably: inclusive development (Asongu 2014;Mayer-Foulkes 2010); and progress in financial markets (Asongu 2013;Bruno, De Bonis, and Silvestrini 2012;Narayan, Mishra, and Narayan 2011). As argued by Narayan, Mishra, and Narayan (2011), it is unlikely that persistence and convergence can be established within a heterogeneous set of countries because idiosyncratic tendencies may be many and loom substantially.…”
Section: Theoretical Underpinningsmentioning
confidence: 64%
“…According to the corresponding criterion, for convergence to be apparent, the absolute value of the estimated lagged endogenous variable should be between the interval of zero and one. Convergence in the context of this article is a process whereby countries with low levels in a given phenomenon or macroeconomic outcome are catching up to their counterparts with higher levels in the same phenomenon or macroeconomic outcome (Asongu 2013;Narayan, Mishra, and Narayan 2011). In other words, in the presence of convergence in weapons, countries with small stocks of weapons are catching up to their counterparts with large stocks of weapons.…”
Section: Theoretical Underpinningsmentioning
confidence: 98%
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“…The magnitude of the estimated lagged value is important because it translates to how past values of tourist arrivals affect future values. Hence from a comparative standpoint, higher estimated lagged values imply that past values affect future values more proportionately.The use of the lagged outcome variable to assess persistence has been justified with contemporary literature (Asongu, 2018;Asongu & Meniago, 2018 across sub-samples. It is normal that the significance of control variables should vary across sub-samples in the light of the fact that the control variables are also contingent on these subsamples.…”
Section: Resultsmentioning
confidence: 99%
“…First, a substantial part of annual global wealth is increasingly being spent by governments in the prevention and mitigation of violence, crimes, political-instability with consequent externalities (Asongu, 2018;GPI, 2016;Anderson, 2015;Asongu and Kodila-Tedika, 2017). According to the attendant policy and scholarly literature, the underlying annual global wealth spent is about 14.3 trillion USD and represents the combined Gross Domestic Product (GDP) of the following advanced countries, namely: Brazil, Canada, France, Germany, Spain and the United Kingdom (UK).…”
Section: Introductionmentioning
confidence: 99%