Unemployment and Property Crimes in Pakistan
Journal Title: Asian Economic and Financial Review - Year 2011, Vol 1, Issue 3
Abstract
The study examines the relationship between unemployment and propertycrimes for Pakistan covering the period of 1975 to 2008. The Johansencointegratiom methodology along with Granger causality through VEC isapplied to the annual time series data. The results of the cointegration analysisprovide evidence of a valid long-run relationship between unemployment anddifferent kinds of property crimes. The results provide evidence ofunidirectional causality running from unemployed to different kinds ofproperty crimes. The causality results explain that unemployment Grangercause theft, dacoity, robbery and cattle theft while it does not cause burglary.
Authors and Affiliations
Syed Yasir Mahmood Gillani| Deputy Director, Planning and Development.Government College University. Lahore. Pakistan., Rana Ejaz Ali Khan| Head, Department of Management Sciences, COMSATS Institute of Information Technology. Sahiwal. Pakistan. E-mail ranaejazalikhan@yahoo.com, Abid Rashid Gill| Lecturer, Department of Economics, The Islamia University of Bahawalpur. Pakistan. E-mail:abeepk@hotmail.com
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