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Crime control in Nigeria: how relevant is remittance inflow?
Journal of Money Laundering Control ( IF 1.3 ) Pub Date : 2020-06-27 , DOI: 10.1108/jmlc-05-2020-0058
Folorunsho M. Ajide

Purpose

This paper aims to draw on extant literature to ascertain the relevance of remittance receipts in improving the level of crime control in Nigeria.

Design/methodology/approach

The study uses time series data spanning for a period of 1986–2017. It adopts dynamic ordinary least square (DOLS), vector auto regression impulse response function, variance decomposition and Toda and Yamamoto causality approach to analyse the data.

Findings

The following findings are established: DOLS shows that remittance receipt has negative and significant impact on crime rate in Nigeria. The impulse response function indicates that a positive shock to the remittance inflows reduces the level of crime in Nigeria. Moreover, a positive shock to the crime rate decreases the remittance. This implies that both variables respond to each other. Toda and Yamamoto causality approach shows that there is unidirectional causality moving from remittance inflow to criminal activities in Nigeria. These results persist after considering other institutional variables. These findings support the previous evidences on remittances-crime nexus and as well support the opportunity cost theory of crime.

Originality/value

Apart from being the first study in African region that evaluates the relevance of remittances in crime control, it also analyses the dynamics between crime rate and remittance receipts using time series econometrics which makes the study to be unique. The study shows that remittances can be used as part of toolkits for controlling criminal activities in Nigeria.



中文翻译:

尼日利亚的犯罪控制:汇款流入有多重要?

目的

本文旨在利用现有文献来确定汇款收入在提高尼日利亚犯罪控制水平方面的相关性。

设计/方法/方法

该研究使用的时间序列数据跨度为1986-2017年。它采用动态最小二乘(DOLS),向量自回归脉冲响应函数,方差分解以及Toda和Yamamoto因果关系方法来分析数据。

发现

建立了以下调查结果:DOLS显示,汇款收据对尼日利亚的犯罪率具有负面和重大影响。冲动响应功能表明,对汇款流入的积极冲击降低了尼日利亚的犯罪水平。此外,对犯罪率的积极冲击会减少汇款。这意味着两个变量都相互响应。Toda和Yamamoto的因果关系方法表明,尼日利亚存在从汇款流入到犯罪活动的单向因果关系。在考虑其他机构变量后,这些结果仍然存在。这些发现支持了以前有关汇款与犯罪关系的证据,也支持了犯罪的机会成本理论。

创意/价值

除了是非洲地区第一项评估汇款在犯罪控制中的相关性的研究之外,它还使用时间序列计量经济学分析了犯罪率和汇款收据之间的动态,这使该研究具有独特性。研究表明,汇款可用作控制尼日利亚犯罪活动的工具包的一部分。

更新日期:2020-06-27
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