Identifying Efficient Crime-Combating Policies by VAR Models: The Example of Switzerland
AbstractCurrent research suggests that the crime-combating instrument sentence probability is more effective than sentence severity. However, the focus of the simultaneous (or very short-run) impact of the law enforcement policy on crime impedes a comparison of these two instruments with respect to their long-term effectiveness. With Swiss data, this article investigates the dynamic interrelationships between enforcement policy and crime and finds that overall, sentence severity is about the same effective as sentence probability. Furthermore, the authors show how the VAR-modeling technique can be exploited to conveniently distinguish between deterrence and incapacitation effects. More concrete recommendations toward a cost-effective crime-reduction policy can be derived. (JEL "C32", "K42") Copyright 2003 Western Economic Association International.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Contemporary Economic Policy.
Volume (Year): 21 (2003)
Issue (Month): 4 (October)
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Find related papers by JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
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- Nikolaos Dritsakis & Alexandros Gkanas, 2009. "The effect of socio-economic determinants on crime rates: An empirical research in the case of Greece with cointegration analysis," International Journal of Economic Sciences and Applied Research (IJESAR), Technological Educational Institute (TEI) of Kavala, Greece, vol. 2(2), pages 51-64, December.
- Justina A.V. Fischer, 2005. "The Impact of Direct Democracy on Crime: Is the Median Voter Boundedly Rational?," University of St. Gallen Department of Economics working paper series 2005 2005-14, Department of Economics, University of St. Gallen.
- Halicioglu, Ferda, 2012.
"Temporal Causality and the Dynamics of Crime in Turkey,"
41794, University Library of Munich, Germany.
- Ferda Halicioglu, 2012. "Temporal causality and the dynamics of crime in Turkey," International Journal of Social Economics, Emerald Group Publishing, vol. 39(9), pages 704-720, July.
- Suncica Vujic & Siem Jan Koopman & Jacques J. F. Commandeur, 2012. "Economic Trends and Cycles in Crime: A Study for England and Wales," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 232(6), pages 652-677, November.
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