Existing studies aimed at identifying individuals or economic agents that suffer more from crime than others are based on the incidence of crime or the proportion of agents within a group that experience one or more incident of crime during a given period of time. This paper shows that studies based solely on the incidence of crime may provide a misleading picture as to who suffers more from crime. In a sample of about 6,000 manufacturing firms in 14 Latin American countries, we find that large firms are more likely to experience an incident of crime than the small firms in a given year. However, the burden of crime measured by losses due to crime as a percentage of firms’ annual sales is heavier on the smaller firms.
[Data and Stata "do" files are attached]
- Latin America
Available at: http://works.bepress.com/mohammad_amin/16/