(Universidad Icesi, 2011-07-30T01:07:48Z) Dueñas Herrera, Ximena; Carranza Romero, Juan Esteban; González Espitia, Carlos Giovanni
The goal of this article is to examine the causal relationship between
murders and economic activity in
Colombia during the last decades.
This analysis draws on the fact that
economic activity in other Latin
American countries is highly correlated with economic activity in Colombia, but is not affected by homicidal
violence in Colombia. The use of this
instrument allows us to establish a
strong causal effect of economic activity on murders. An analysis of time
series provides further support for the
hypothesis that there is a long-term
relationship between murders and
economic activity.
