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022 _a00222186
040 _aMSU
_benglish
_cMSU
_erda
050 _aHB73 JOU
100 1 0 _aPrasad, Kislaya
_eauthor
245 1 0 _aEconomic liberalization and violent crime
_cby Kislaya Prasad
264 _aChicago:
_bUniversity of Chicago Press;
_c2012.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of law and ecomics
_vVolume 55, number 4
520 _aI study the effect of economic liberalization on violent crime. The particular emphasis is on the case of India, where, in the years following 1991, there was a virtual dismantling of controls on entry and production in registered manufacturing. This was accompanied by a significant reduction in impediments to foreign trade and access to foreign exchange. Economic controls create an incentive for illegal trade, and a frequent by-product of illegal trade is violent crime. Consequently, violent crimes such as murders would be expected to decline following market-based reforms. Analysis of aggregate all-India data, as well as data at the state level, suggests that economic reforms did indeed lead to a reduction in violent crime. I extend the analysis to a panel of countries and find strong evidence that greater trade openness is negatively related to violent crime
650 _aGross domestic product
_zIndia
650 _aManufacturing output
_zIndia
650 _aTrade legislation
_zIndia
650 _aTrade restrictions
_zIndia
650 _aViolent crimes
_zIndia
856 _uhttps://doi.org/10.1086/666487
942 _2lcc
_cJA
999 _c164081
_d164081