BUSINESS CYCLES AND CRIMES AGAINST PROPERTY: A QUASI-EXPERIMENTAL APPROACH
DOI:
https://doi.org/10.22456/2176-5456.74222Keywords:
Naval pole, Crime, Quasi-experiment, Structural breaksAbstract
This paper seeks evidence of the relationship between economic cycles andproperty crimes in a quasi-experiment generated by the shipbuilding industry installed in
the Brazilian city of Rio Grande (RS) from the year 2006. For this purpose, it uses structural
time series models estimated by the Kalman Filter to decompose and to identify structural
breaks in the thefts and robberies monthly registered in the municipality between January
2002 and December 2015. The results indicate the existence of structural breaks both in
thefts and robberies that may be associated with the changes generated in the economy
due to the implementation of the shipbuilding industry. The paper provides evidence that
the start of construction of the P-53 platform coincide with 80 monthly thefts while that
the construction of the P-55 platform coincide with the reduction in 62 monthly robberies
registered in the municipality. The paper concludes that there is evidence of a motivation
effect in which the improvement in the economic conditions of the municipality was able to
generate deterrence effects that reduced the property crimes.
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Published
2019-10-10
How to Cite
Oliveira, C. A. de, & Costa, I. C. V. (2019). BUSINESS CYCLES AND CRIMES AGAINST PROPERTY: A QUASI-EXPERIMENTAL APPROACH. Análise Econômica, 37(74). https://doi.org/10.22456/2176-5456.74222
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