CRIMINALITY AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM BRAZIL FROM 1995 TO 2014
crime; economic growth; Brazil.
This project aims to investigate the possible vicissitudes that crime has on the economic growth. In this analysis, we seek to bring the effects of crime on growth of aggregate per capita income with data from Brazilian states. As the economics of crime presents, in addition to demographic and socioeconomic characteristics, spatiality, which carries an unobservable component, there is a need to implement spatial dependence tests based on spatial econometric techniques. In this way, it is possible to adjust to the best model and have reliable parameters, presence of clusters or spillovers as well as their effects. Therefore, this work will estimate the effects based on spatial econometric models with panel data from 1995-2014.