Why Institutional Corruption Matters Most: Exploring Causes and Effects on Crime from a Global Perspective
Download| Volume 5 Issue 2, 2024 | |
|---|---|
| Author(s): |
Ghulam Ghouse(Corresponding Author)
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| Abstract | The growing literature on crime rates shows institutional trust is both causes and effect of crime, particularly when we refer to public sector corruption. A conclusion that largely builds on literature measures of crime, corruption, and institutions raises questions of endogeneity among models. To cater to that we have used GMM over global panel data. The lack of trust in institutions and increases in public sector corruption is critical in that it affect the crime rate and vice-versa. After disaggregating the major concepts, this article empirically explores the interaction of institutional trust and economic growth while linking crime. We conclude that trust in institutions and corruption is a major theoretical, as well as empirical contributor to crime. Whereas, crime and life expectancy are significant contributors to public sector crime. Our results further suggest that rooting out the crime rate and public sector corruption is not a function of an increase in national incomes but requires an in-depth analysis such as by introducing an interaction term between growth and institutions trust exhibit interest results. |
| Keywords | Crime, Corruption, Growth, Institutions, Simultaneity Bias, GMM |
| Year | 2024 |
| Volume | 5 |
| Issue | 2 |
| Type | Research paper, manuscript, article |
| Recognized by | Higher Education Commission of Pakistan, HEC | Category | "Y" | Journal Name | ILMA Journal of Social Sciences & Economics | Publisher Name | ILMA University | Jel Classification | - | DOI | ISSN no (E, Electronic) | 2790-5896 | ISSN no (P, Print) | 2709-2232 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Manuscript Processing | Blind Peer Reviewed | Format | Paper Link | http://ijsse.ilmauniversity.edu.pk/arc/Vol5./pdf/v2/5.pdf |