THE IMPACT OF CRIME RATES ON ECONOMIC GROWTH IN ASIAN REGION

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dc.contributor.author Priyadarshani, T.
dc.contributor.author Jayasinghe, A.
dc.contributor.author Karunarathna, M.M.S.A.
dc.date.accessioned 2022-08-23T09:42:10Z
dc.date.available 2022-08-23T09:42:10Z
dc.date.issued 2021-10-15
dc.identifier.issn 2815-0163
dc.identifier.uri http://drr.vau.ac.lk/handle/123456789/391
dc.description.abstract The economic growth of a country directly affects the improvement of the living standards of the people in that country. It is determined by a number of factors, among which crime is considered in this study. The main purpose of this study is to find out whether crime affects the economic growth from Asian countries. This research studied the relationship between crime rates and economic growth rates using 23 Asian countries during the period 2014-2018. A simple regression model was used to study the crime rate as an independent variable and the economic growth rate as a dependent variable. It uses the annual data published by the United Nations stated on crime in selected 23 countries for the year 2014-2018. The Asian countries considered there indicated that there was a negative relationship between the crime rate and the economic growth rate and it was significant value. When the crime rate changes from one log unit, the number of economic growth rate varies by -0.221 log unit in the findings. The study concluded that crime in Asian countries could also play a vital role in boosting economic growth. Accordingly, it can be concluded that it is necessary to take relevant decisions and formulate policies regarding the reduction of crimes in countries when economic growth is expected en_US
dc.language.iso en en_US
dc.publisher University of Vavuniya en_US
dc.source.uri https://vau.ac.lk/VUIRC-2021/ en_US
dc.subject Crime rate en_US
dc.subject Economic growth rate en_US
dc.subject Asian region en_US
dc.title THE IMPACT OF CRIME RATES ON ECONOMIC GROWTH IN ASIAN REGION en_US
dc.type Conference paper en_US
dc.identifier.proceedings Vavuniya University International Research Conference (VUIRC) 2021 en_US


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