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Crime Rates: an Econometric Analysis

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Crime Rates: an Econometric Analysis
Crime Rates: An Econometric Analysis using population, unemployment and growth

Table of Contents I. Introduction
A.) Background of the Study
B.) Problem Statement
C.) Objectives
D.) Significance of the Study
E.) Scope and Limitations II. Review of Related Literature III. Operational Framework A.) Variable List B.) Model Specification C.) A-priori Expectations IV. Methodology A.) Data B.) Preliminary Tests V. Results and Discussions VI. Conclusion and Recommendations VII. Bibliography VIII. Appendices

INTRODUCTION A. Background of the Study

Ever since the first civilizations, ever since the dawn of government and morals, crime has accompanied mankind in his everyday life. Whether it is in the streets or at home, in the office or in workplace, crime is always present. Since then, governments have exhausted billions of dollars in order to eradicate crime. Unfortunately, crime cannot be totally eradicated, unless that world or country is a utopia. Here in the Philippines, crime is one of the most problematic dilemmas. However, in the midst of volatile economies, wars, corruption, poverty, and other more urgent problems, crime loses its significance, letting nature take its course unfazed by some if not no government intervention. It is then relegated to the bottom of the long list of problems that we experience here in the Philippines. Moreover, because it has become a part of our everyday lives, it has become a common societal phenomenon, viewed by some as a normal symptom, as if it were a functional component of the organization of human groupings. (Schafer, 1976) Inefficient policies by the government have caused the Philippines to have high crime rates, and be a hub for international drug traffickers. Mongabay (n.d.) explains that the number of serious crimes dramatically increased through the early 1980s and dipped to below 250 crimes per 100,000 in 1989. According to mongabay.com



Bibliography: The general objective of the study is to estimate and present an overall picture of crime rate trends in the Philippines for a period of 31 years (1978 - 2008) Specifically, it aims to: Wadsworth (2001), on the other hand, states that employment is a key factor that affects crime rates. It is not the fact of unemployment that pushes them into being criminals but the hardships that they experience. The data used in this study was retrieved from the Philippine Statistical Yearbook (1981, 1991, 2001, and 2009) and the World Bank (2011) Database.

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