01865cas a2200265 a 4500 AALejournalIMF015277 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513541969 1018-5941 BD-DhAAL BD-DhAAL Verdugo Yepes, Concha. Crime and the Economy in Mexican States : Heterogeneous Panel Estimates (1993-2012) / Concha Verdugo Yepes, Peter Pedroni, Xingwei Hu. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (59 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper studies the transmission of crime shocks to the economy in a sample of 32 Mexican states over the period from 1993 to 2012. The paper uses a panel structural VAR approach which accounts for the heterogeneity of the dynamic state level responses in GDP, FDI and international migration flows, and measures the transmission via the impulse response of homicide rates. The approach also allows the study of the pattern of economic responses among states. In particular, the percentage of GDP devoted to new construction and the perception of public security are characteristics that are shown to be associated with the sign and magnitude of the responses of economic variables to crime shocks. Mode of access: Internet Hu, Xingwei. Pedroni, Peter. IMF Working Papers; Working Paper ; No. 2015/121 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/121/001.2015.issue-121-en.xml IMF e-Library