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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Bibliographic Details
Main Authors: Verdugo Yepes, Concepción (Author), Pedroni, Peter L. (Author), Hu, Xingwei (Author)
Corporate Author: International Monetary Fund. Legal Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2015.
Series:IMF working paper ; WP/15/121.
Subjects:
Online Access:Click for online access

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100 1 |a Verdugo Yepes, Concepción,  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjB46wtBwB86QHQfv7XHP3 
245 1 0 |a Crime and the economy in Mexican states :  |b heterogeneous panel estimates (1993-2012) /  |c prepared by Concepcion Verdugo-Yepes, Peter Pedroni, and Xingwei Hu. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2015. 
300 |a 1 online resource (59 pages) :  |b color illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper,  |x 1018-5941 ;  |v WP/15/121 
500 |a "June 2015." 
500 |a "Legal Department." 
504 |a Includes bibliographical references (pages 36-48). 
520 |a 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 flows, and measures the transmission via the impulse response of homicide rates. The approach also allows the study of the pattern of economic responses among states. In particular, the percentage of GDP devoted to new construction and the perception of public security are characteristics that are shown to be associated with the sign and magnitude of the responses of economic variables to crime shocks. --Abstract. 
588 0 |a Online resource; title from pdf title page (IMF.org Web site, viewed June 8, 2015). 
505 0 |a Cover; Abstract; Contents; Executive Summary; I. Introduction; Figures; Figure 1. Select Countries: Intentional Homicide Rates (per 100,000 inhabitants); Figure 2. Mexico: Real GDP Growth vs. Homicide Rates; II. Related Literature on the Relationship Between Crime and Other Economic Activity; III. Estimation and Identification Strategy; A. Overview of the Methodology; B. Overview of the Identification Strategy; Figure 3. SVAR Identification Scheme; IV. Data Sources; A. Real GDP for the Period During 1993 to 2012; B. Measures of Crime; Intentional Homicides; Other Measures. 
505 8 |a Figure 4. Mexico: Comparative Homicide Rates from Different SourcesFigure 5. Mexico Homicide Rates vs. Incidence of Crime; C. Migration; D. Foreign Direct Investment; E. State-Specific Characteristics; V. Results of the Empirical Analysis; Figure 6. State Level Response of GDP to Idiosyncratic Crime Shocks; Figure 7. State Level Quantiles Response to Idiosyncratic Shocks; VI. Summary and Conclusions; Figure 8. Mexico: Response Patterns; VII. References; VIII. Technical Appendix for the Chain Linking of Two Real GDP Series in Different Base Years. 
505 8 |a Figure 9. Approaches for Linking Real GDP Series for Mexican StatesTables; Table 1. GDP Sectors for Years 1993 and 2008; Figure 10. State Level Quantiles Impulse Responses to Idiosyncratic and Common Shocks; Figure 11. State Level Quantiles Variance Decomposition of Idiosyncratic and Common Shocks; Table 2. Names of Mexican States; Table 3. Data Sources. 
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700 1 |a Pedroni, Peter L.,  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PBJmxRMjVPBRBqGwKFcqG73 
700 1 |a Hu, Xingwei,  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PBJkp43wb7cVbH3hjfbRFrq 
710 2 |a International Monetary Fund.  |b Legal Department. 
758 |i has work:  |a Crime and the economy in Mexican states (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGfpkqj7kYVMqgbHYxfqpP  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Erscheint auch als:  |n Druck-Ausgabe  |a Verdugo Yepes, Concepción. Crime and the Economy in Mexican States .  |t Heterogeneous Panel Estimates (1993-2012) 
830 0 |a IMF working paper ;  |v WP/15/121. 
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