How crime affects economic performance: The case of Guatemala |
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Affiliation: | 1. Universidad de Castilla-La Mancha, Spain;2. Universidad de Valencia, Spain;3. Universidad de La Laguna, Spain;4. Universidad de Alcalá, Spain;1. European Central Bank, Germany;2. U. Castilla-La Mancha, Spain;3. Banco de España, Spain |
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Abstract: | The impact of crime on economic growth is obviously substantial, but measuring the degree of its effects on a country's economic performance is subject to a great deal of uncertainty. This paper primarily attempts to close this gap using the economics of crime monitoring model, a new economic instrument that could be used to evaluate the impact of crime on economic performance. Guatemala was used to illustrate the applicability of the model from where analyses provide a coherent evaluation of the degree to which crime can affect a country's economic performance. |
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Keywords: | Crime Economic performance ECM-Model Guatemala |
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