2015

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Socio-Economic Factors of Homicide Crime: Panel Data Analysis
(UMT, Lahore, 2015) Maryam Ali
There always have existed individuals with deviant behaviors in society because of either social environment or economic conditions that have led to this chaos. This research has been conducted for selected Asian Countries that are not only geographically close to each other but also have been and still going through similar stages of development. These countries include Pakistan, China, India and Sri Lanka. Aim of this research is to analyze the effect of socio-economic factors that lead to Homicide Crime. The detailed estimated results highlighted that the basic pooled OLS model is not appropriate because of presence of heteroscedasticity and Fixed Effect is not appropriate because of presence of autocorrelation and henceforth this study has used Kao Residual based Test to check Co-integration among the selected model. Long Run estimates are extracted using FMOLS. The results of long run estimates of FMOLS suggest that Homicide Crime Rate has a negative relation with Household Consumption expenditure and Human Development Index but positive with Mobile Phone subscriptions, Urban Population and Unemployment in the long run. Hence development, welfare and employment opportunities are necessary to reduce this deviant behavior among mass individuals.