Scholarlink

<p>The primary objective of this study is to examine the effectiveness of institutional factors on economic crime in two regions, backward (BOMARU) and forward (South-West) in India from 1994 to 2018. Economic crime included Breach of Trust, Cheating, Counterfeiting, and forgery. Institutional factors include the police and court which are fear factors. Data have been taken from the National Crime Record Bureau in India (NCRB) and the Reserve Bank of India (RBI) Handbook 2011. Panel data analysis, particularly the Fixed Effect model has been applied for the purpose. The result reveals that financial development may control economic crime whereas institutional factor has no significant role in controlling crime in the forward region (South-West). Institutional factors play a vibrant role in controlling crime in the backward region (BOMARU). Financial development should be strengthened to mitigate crime in the forward region and institutional factors should be strengthened to control crime in the backward region in India.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Effectiveness of institutional factors on economic crime in forward and backward regions of India: an empirical analysis

  • 期刊论文

  • 发表日期：

    2025年3月24日

查看全文
  • Utpal Kumar De,
  • Poulomi Khasnobis

摘要

The primary objective of this study is to examine the effectiveness of institutional factors on economic crime in two regions, backward (BOMARU) and forward (South-West) in India from 1994 to 2018. Economic crime included Breach of Trust, Cheating, Counterfeiting, and forgery. Institutional factors include the police and court which are fear factors. Data have been taken from the National Crime Record Bureau in India (NCRB) and the Reserve Bank of India (RBI) Handbook 2011. Panel data analysis, particularly the Fixed Effect model has been applied for the purpose. The result reveals that financial development may control economic crime whereas institutional factor has no significant role in controlling crime in the forward region (South-West). Institutional factors play a vibrant role in controlling crime in the backward region (BOMARU). Financial development should be strengthened to mitigate crime in the forward region and institutional factors should be strengthened to control crime in the backward region in India.