Common trends and common cycles in regional crime
This paper uses the Vahid and Engle (Journal of Applied Econometrics, 8, 341-60, 1993) common trend - common cycle approach to model the dynamics of regional crime rates in England over the period 1975-1996. The evidence indicates the existence of common trends and common cycles in regional crime rates. This result is exploited to examine the system-wide effects of shocks emanating in a particular region.
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