Citation:
Ted Enamorado, Luis F. López-Calva, and Carlos Rodríguez-Castelán. 2014. “Crime and growth convergence: Evidence from Mexico.” Economics Letters, 125, 1, Pp. 9-13.
Scholars have often argued that crime hinders growth, but the empirical literature assessing such an effect is scarce. By exploiting cross-municipal income and crime data for Mexico, in this study we find evidence indicating that drug-related crime indeed deters growth.