The Impact of Electronic Financial Payments on Crime

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2012 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Laura E. Armey; Jonathan Lipow; Natalie J. Webb;

doi: 10.2139/ssrn.2137266 , 10.1016/j.infoecopol.2014.10.002

handle: 10945/44415

The Impact of Electronic Financial Payments on Crime

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Abstract

It is widely believed that the growing use of electronic financial transactions should reduce physical vulnerability to crimes such as robbery and burglary. Using a sample of 49 countries over six years, we test this hypothesis using fixed effects (FE) and difference GMM estimators. Our results suggest that the global spread of electronic financial transaction technology plays an important role in reducing crime and enhancing physical security.

Related Organizations

University of California, Berkeley
United States
Naval Postgraduate School
United States

Keywords

cashless economy, electronic financial transactions, crime

Impact byBIP!

	selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	34
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Top 10%
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average