.../approach Adopting a quantitative approach, this study uses the Walker Gravity Model, which has been modified in two key components: the attractiveness and distance variables. The first modification is achieved by using proxy economic variables, for which data is available at the provincial level within...

..., the paper, using the Walker gravity model and using United Nations Office on Drugs and Crime-reported prices of cannabis from 2003 to 2017 and Australian Criminal Intelligence Commission reports empirically validates the effects of cannabis regulations on the proceeds available for laundering...

... only Money laundering Principal component analysis Economic growth Walker gravity model The rise in financial crimes has led to a wide range of regulatory reforms to combat the problem. The failure of regulations to accomplish the objectives has brought the regulators under pressure...