Crime and the economy in Mexican states : heterogeneous panel estimates (1993-2012) / prepared by Concepcion Verdugo-Yepes, Peter Pedroni, and Xingwei Hu.
This paper studies the transmission of crime shocks to the economy in a sample of 32 Mexican states over the period from 1993 to 2012. The paper uses a panel structural VAR approach which accounts for the heterogeneity of the dynamic state level responses in GDP, FDI and international migration flow...
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