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Journal Article

Identity theft in the internet age: Evidence from the U.S. states

Authors

  • Goel
  • R.

Publication Date

DOI

10.1002/mde.2991

JEL Classification

K42; L86

Key Words

digitalization

innovation

USA

Related Topics

Innovation and Structural Change

Digitalization

USA

This paper examines the determinants of identity theft, focusing especially on the influence of internet diffusion. Results, based on panel data across the U.S. states, show that a 10% in increase households with internet access would increase identity theft by about 9%, ceteris paribus. Other noteworthy findings point to states with greater corrupt activity having greater identity theft but greater police employment not having a significant deterrent impact. Dynamic panel regressions results reveal the presence of inertia in identity thefts. Some implications for policy are discussed.

Kiel Institute Expert

  • Rajeev Goel, Ph.D.
    Kiel Institute Fellow

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