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Economic Factors Influencing Homicide Rates: A European Perspective

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  • Gazilas, Emmanouil Taxiarchis

Abstract

Intentional homicide rates represent a critical societal issue, impacting public safety and social stability across Europe. Understanding the socio-economic factors underlying these crimes is paramount for effective policy intervention. This research aims to investigate the socio-economic determinants of intentional homicides in 15 European countries over the period 2010-2021, providing insights into the complex relationship between economic indicators and violent crime rates. The study hypothesizes that economic prosperity, government debt, and access to financial services significantly influence intentional homicide rates, with countries exhibiting higher levels of economic development and financial inclusion experiencing lower homicide rates. Utilizing robust statistical and econometric techniques, including regression analysis and correlation matrices, the research examines the relationships between various socio-economic indicators and intentional homicide rates. Data spanning from national tax authorities, statistical agencies, and international organizations are meticulously analyzed to uncover meaningful patterns and associations. The findings reveal compelling associations between economic indicators and intentional homicide rates. Higher GDP per capita and greater financial inclusion are correlated with lower homicide rates, while elevated levels of government debt exhibit a negative association with homicide rates. These results underscore the multifaceted nature of crime dynamics and highlight the importance of considering broader socio-economic factors in understanding violent crime patterns. The study contributes to both theoretical knowledge and practical policymaking by offering insights into the socio-economic determinants of intentional homicides. These findings can inform evidence-based policy interventions aimed at promoting social stability and enhancing public safety across Europe, emphasizing the importance of addressing underlying economic factors in crime prevention strategies.

Suggested Citation

  • Gazilas, Emmanouil Taxiarchis, 2024. "Economic Factors Influencing Homicide Rates: A European Perspective," MPRA Paper 121304, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:121304
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    References listed on IDEAS

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    2. Andresen, Martin A., 2013. "Unemployment, business cycles, crime, and the Canadian provinces," Journal of Criminal Justice, Elsevier, vol. 41(4), pages 220-227.
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    More about this item

    Keywords

    Intentional Homicides; Socio-Economic Factors; Public Safety; Economic Prosperity; Financial Inclusion; Policy Interventions;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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