Economic Growth and Crime against Small and Medium Sized Enterprises in Developing Economies
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World Bank, Washington, DC
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Several studies have explored the
relationship between economy-level crime rates or
individual-level crime and economic growth. However, few
studies have examined the relationship between economic
growth and crime against firms. This study uses data for
about 12,000 firms in 27 developing countries and finds that
economic growth is negatively associated with crime. This
relationship is stronger for small and medium firms than
large firms. The study also explores several economy-wide
factors and their influence on the growth-crime relationship
for small and medium enterprises. The results are robust to
various sensitivity checks.
Palabras clave
ABORTION, ACCOUNTING, ALCOHOL CONSUMPTION, BIG CITIES, BUREAUCRACY, BUSINESS CLIMATE, BUSINESS CYCLE, BUSINESS ENVIRONMENT, CONFIDENCE, CORRUPTION, CORRUPTION PERCEPTION, CORRUPTION PERCEPTION INDEX, COUNTRY AVERAGES, COUNTRY DATA, COUNTRY LEVEL, COUNTRY SIZE, COURTS, CRIME, CRIME RATES, CRIMES, CRIMINAL, CRIMINALS, CRIMINOLOGY, CULTURAL CHANGE, DEMOCRACY, DEPENDENT VARIABLE, DEVELOPING COUNTRIES, DEVELOPING WORLD, DEVELOPMENT ECONOMICS, DEVELOPMENT INDICATORS, DEVELOPMENT POLICY, DEVELOPMENT RESEARCH, DOMINANCE, ECONOMETRIC ISSUES, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC INCENTIVES, ECONOMIC OPPORTUNITIES, EDUCATIONAL ATTAINMENT, EMPIRICAL LITERATURE, EMPIRICAL STUDIES, ENTERPRISE SURVEYS, ERROR TERM, ESTIMATION METHOD, ESTIMATION RESULTS, ETHNIC GROUP, EXPLANATORY VARIABLES, FEMALE, GENDER, GENDER BIAS, GINI COEFFICIENT, GINI INDEX, GOVERNANCE INDICATOR, GOVERNANCE VARIABLES, GROSS NATIONAL INCOME, GROWTH RATE, GROWTH RATES, HOUSEHOLD LEVEL, HOUSEHOLD SURVEYS, HOUSES, HUMAN CAPITAL, IMPORTANT POLICY, INCREASING INEQUALITY, INEQUALITY, INSTITUTIONAL QUALITY, INVESTIGATION, JUDGES, JUSTICE, LABOR MARKET, LEVEL OF DEVELOPMENT, LIBERTY, LIFE EXPECTANCY, MACROECONOMIC STABILITY, MALARIA, MEAN VALUE, MEDIUM SIZED ENTERPRISES, NATIONAL INCOME, PER CAPITA GROWTH, PERFORMANCE MEASURES, POLICE, POLICE FORCE, POLICE FORCES, POLICY DISCUSSIONS, POLICY MAKERS, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POLITICAL ECONOMY, POPULATION DENSITY, PRISON, PRISONS, PRO-GROWTH POLICIES, PROGRESS, PUBLIC INSTITUTIONS, PUBLIC POLICY, RESPECT, REVERSE CAUSALITY, ROBBERY, SOCIAL CONTROLS, STANDARD DEVIATION, TAX REVENUES, TERRORIST, THEFT, TRANSPARENCY, UNEMPLOYMENT, URBAN AGGLOMERATIONS, VIOLENCE, WILL