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Income Inequality: Impact of Inequality Measures on Crimes An Analysis of the State of New Jersey

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  • Bertram Chukwudum Ifeanyi OKPOKWASILI

    (Georgian Court University. USA.)

Abstract

This research used time-series data for the 50 year period of 1964 to 2014 to investigate the relationship between income inequalities and crimes in the state of New Jersey, United States of America. It found that income inequality had a significant relationship to all four types of crime measured – murder, forcible rape, aggravated assault and property crimes. Statistical significance would seem to depend on the model and inequality measure used. A log-log relationship existed between inequalities and all the crimes. Different inequality measures enabled different measures of significance. It also found that it was possible to come to different conclusions with respect to the relationships by using different inequality measures- the Gini and the 20/20 measures in our case.

Suggested Citation

  • Bertram Chukwudum Ifeanyi OKPOKWASILI, 2016. "Income Inequality: Impact of Inequality Measures on Crimes An Analysis of the State of New Jersey," International Journal of Business and Social Research, LAR Center Press, vol. 6(4), pages 12-27, April.
  • Handle: RePEc:lrc:larijb:v:6:y:2016:i:4:p:12-27
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    References listed on IDEAS

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    1. Sen, Amartya, 2001. "Development as Freedom," OUP Catalogue, Oxford University Press, number 9780192893307.
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    4. George Saridakis, 2004. "Violent Crime in the United States of America: A Time-Series Analysis Between 1960–2000," European Journal of Law and Economics, Springer, vol. 18(2), pages 203-221, September.
    5. Bertram C. I. Okpokwasili, Ph.D, 2015. "Income Inequality: Do Different Inequality Measures Show Different Impacts on Economic Growth, at the State Level? An Analysis of the State of New Jersey," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(12), pages 40-55, December.
    6. Barro, Robert J, 2000. "Inequality and Growth in a Panel of Countries," Journal of Economic Growth, Springer, vol. 5(1), pages 5-32, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    20/20 measure; aggravated assault; forcible rape; inequality measures; Gini coefficients.;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

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