Islam, Asif2014-03-182014-03-182014-02https://hdl.handle.net/10986/17306Several studies have explored the relationship between economy-level crime rates or individual-level crime and economic growth. However, few studies have examined the relationship between economic growth and crime against firms. This study uses data for about 12,000 firms in 27 developing countries and finds that economic growth is negatively associated with crime. This relationship is stronger for small and medium firms than large firms. The study also explores several economy-wide factors and their influence on the growth-crime relationship for small and medium enterprises. The results are robust to various sensitivity checks.en-USCC BY 3.0 IGOABORTIONACCOUNTINGALCOHOL CONSUMPTIONBIG CITIESBUREAUCRACYBUSINESS CLIMATEBUSINESS CYCLEBUSINESS ENVIRONMENTCONFIDENCECORRUPTIONCORRUPTION PERCEPTIONCORRUPTION PERCEPTION INDEXCOUNTRY AVERAGESCOUNTRY DATACOUNTRY LEVELCOUNTRY SIZECOURTSCRIMECRIME RATESCRIMESCRIMINALCRIMINALSCRIMINOLOGYCULTURAL CHANGEDEMOCRACYDEPENDENT VARIABLEDEVELOPING COUNTRIESDEVELOPING WORLDDEVELOPMENT ECONOMICSDEVELOPMENT INDICATORSDEVELOPMENT POLICYDEVELOPMENT RESEARCHDOMINANCEECONOMETRIC ISSUESECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC INCENTIVESECONOMIC OPPORTUNITIESEDUCATIONAL ATTAINMENTEMPIRICAL LITERATUREEMPIRICAL STUDIESENTERPRISE SURVEYSERROR TERMESTIMATION METHODESTIMATION RESULTSETHNIC GROUPEXPLANATORY VARIABLESFEMALEGENDERGENDER BIASGINI COEFFICIENTGINI INDEXGOVERNANCE INDICATORGOVERNANCE VARIABLESGROSS NATIONAL INCOMEGROWTH RATEGROWTH RATESHOUSEHOLD LEVELHOUSEHOLD SURVEYSHOUSESHUMAN CAPITALIMPORTANT POLICYINCREASING INEQUALITYINEQUALITYINSTITUTIONAL QUALITYINVESTIGATIONJUDGESJUSTICELABOR MARKETLEVEL OF DEVELOPMENTLIBERTYLIFE EXPECTANCYMACROECONOMIC STABILITYMALARIAMEAN VALUEMEDIUM SIZED ENTERPRISESNATIONAL INCOMEPER CAPITA GROWTHPERFORMANCE MEASURESPOLICEPOLICE FORCEPOLICE FORCESPOLICY DISCUSSIONSPOLICY MAKERSPOLICY RESEARCHPOLICY RESEARCH WORKING PAPERPOLITICAL ECONOMYPOPULATION DENSITYPRISONPRISONSPRO-GROWTH POLICIESPROGRESSPUBLIC INSTITUTIONSPUBLIC POLICYRESPECTREVERSE CAUSALITYROBBERYSOCIAL CONTROLSSTANDARD DEVIATIONTAX REVENUESTERRORISTTHEFTTRANSPARENCYUNEMPLOYMENTURBAN AGGLOMERATIONSVIOLENCEWILL10.1596/1813-9450-6768