J 2024

The Relationship between Economic Activity and Types of Crime: A Panel Analysis of the Regions of the Czech Republic between 2005-2023

VOKOUN, Marek, Božena KADEŘÁBKOVÁ, Jan NEUGEBAUER and Lucie KOZLOVÁ

Basic information

Original name

The Relationship between Economic Activity and Types of Crime: A Panel Analysis of the Regions of the Czech Republic between 2005-2023

Authors

VOKOUN, Marek (203 Czech Republic, guarantor, belonging to the institution), Božena KADEŘÁBKOVÁ (203 Czech Republic, belonging to the institution), Jan NEUGEBAUER (203 Czech Republic) and Lucie KOZLOVÁ (203 Czech Republic, belonging to the institution)

Edition

European Journal of Interdisciplinary Studies, Rumunsko, Bucharest Academy of Economic Studies, 2024, 2067-3795

Other information

Language

English

Type of outcome

Article in a journal

Field of Study

50200 5.2 Economics and Business

Country of publisher

Romania

Confidentiality degree

is not subject to a state or trade secret

References:

Organization unit

CEVRO University

Keywords in English

economics of crime; regional crime; economic instability; social policy
Changed: 30/3/2025 23:34, doc. Ing. Lucie Kozlová, Ph.D.

Abstract

V originále

This study examines the influence of economic factors on crime in the regions of the Czech Republic from 2005 to 2023. The analysis utilizes panel data encompassing economic indicators such as Gross Domestic Product (GDP), the number of business entities exiting the market, and the number of unemployed individuals, alongside crime data across various types. Fixed effects models estimate the relationship between economic activity and crime,with robust standard errors corrected for heteroskedasticity and autocorrelation. Results indicate that GDP and the number of entities exiting the market significantly influence crime rates, while unemployment plays a minor role. An increase in entities exiting the market correlates with a rise in overall and general crime, whereas higher GDP reduces rates of economic crimes, robberies, and burglaries. These findings suggest that economic stability has the potential to mitigate certain types of crime, while economic instability may heighten general criminal activity. The results align with international studies and contribute to a deeper understanding of regional variations in crime dynamics in the Czech Republic, highlighting the need for targeted social policy measures and policies at the organizational level.