IDEAS home Printed from https://ideas.repec.org/a/bpj/ajlecn/v8y2017i3p9n5.html
   My bibliography  Save this article

A Note on the Application of Dynamic Panel Data (DPD) Models in Economic Models of Crime

Author

Listed:
  • Ghasemi Mojtaba

    (Faculty of Law, Shahid Beheshti University, Tehran, Iran)

Abstract

The dynamic panel data (DPD) model and application of Difference and System GMM estimators has great advantages to address endogeneity of law enforcement variables and measurement error in reporting of crimes in economic models of crime as well as controlling for fixed effects and avoiding dynamic panel bias. Meanwhile, neglecting instrument proliferation which is very common and uncommonly detected in these models can lead to misleading and unreliable results. Bolding this warning and presenting available techniques to control for this potential danger is the main mission of this note.

Suggested Citation

  • Ghasemi Mojtaba, 2017. "A Note on the Application of Dynamic Panel Data (DPD) Models in Economic Models of Crime," Asian Journal of Law and Economics, De Gruyter, vol. 8(3), pages 1-9, December.
    • Handle: RePEc:bpj:ajlecn:v:8:y:2017:i:3:p:9:n:5
    DOI: 10.1515/ajle-2016-0026
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ajle-2016-0026
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/ajle-2016-0026?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    dynamic panel data model; economics of crime; instrument proliferation;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:ajlecn:v:8:y:2017:i:3:p:9:n:5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.