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Full-Text Articles in Econometrics
Violence And Development: The Cost Countries Pay For High Rates Of Homicide, Brittany Lowe
Violence And Development: The Cost Countries Pay For High Rates Of Homicide, Brittany Lowe
The Cardinal Edge
Violence is one of the largest and most persistent humanitarian crises across the globe. Understanding violence’s role in economic costs and losses is crucial to informing and guiding decision makers. This study uses international panel data to conduct a log-linear regression with time and country fixed effects. It focuses on studying the causal effects of violent crime on GDP at an aggregate, international level. The results find that the homicide rate has a statistically significant, negative effect on GDP per capita. Acts of violence come not just at a humanitarian cost, but also at the cost of economic progress and …
Cost Countries Pay For High Homicide Rates, Brittany Lowe
Cost Countries Pay For High Homicide Rates, Brittany Lowe
Grawemeyer Colloquium Papers
This research finds the economic cost, in terms of GDP per capita, to countries for increased violence using typical econometric models, and then makes recommendations to decision makers about funding allocation of violence prevention programs based off its findings.