In the 1st assignment (Literature Review + Annotated Bibliography)
“The project will replicate the research paper “The Impact of Economic Opportunity on Criminal Behavior: Evidence from the Fracking Boom” (2019) using different data/location. It will make sense if you read the paper first and use its sources in order to write the literature review and annotated bibliography.”
In the 2nd assignment (Choose Topic and Justify)
“Write a minimum 2 page report and state the economic question that you attempt to answer. Briefly, describe the importance of your research project. In your description, provide evidence concerning the importance of your study and explain the feasibility and inherent value of the research project. Good research is valuable to the researcher, discipline, and ultimately to society. By referring back to the previous assignment, literature review, explain how you are building on what has been done in the past.”
On this assignment (Identify Hypotheses – Half-page report).
After having thoroughly researched your question, you should have some educated guess about how things work. This educated guess about the answer to your question is called the hypothesis. A hypothesis, then, is a proposed explanation of a phenomenon, which still has to be rigorously tested. The hypothesis must be worded so that it can be tested in your experiment. Do this by expressing the hypothesis using your independent variable (the variable you change during your experiment) and your dependent variable (the variable you observe-changes in the dependent variable depend on changes in the independent variable). In fact, many hypotheses are stated exactly like this: “If a particular independent variable is changed, then there is also a change in a certain dependent variable.”
That being said. For this assignment I need your help to build a linear regression model on the hypothesis economic growth increases the crime rate. You will set the dependent variable and then I need your help adding independent variables that we assume to have strong correlation.
Justify why you chose these variables and state if it will have a positive impact or negative impact on the dependent variable.
My next assignment will test this model on “R” using data from a metropolitan region in the USA during economical growth period.