State executions, deterrence, and the incidence of murder
Abstract
This study employs a panel of U.S. state-level data over the years 1978-1997 to estimate the deterrent effect of capital punishment. Particular attention is paid to problems of endogeneity bias arising from the non-random assignment of death penalty laws across states and a simultaneous relationship between murders and the deterrence probabilities. The primary innovation of the analysis lies in the estimation of a simultaneous equations system whose identification is based upon the employment of instrumental variables motivated by the theory of public choice. The estimation results suggest that structural estimates of the deterrent effect of capital punishment are likely to be downward biased due to the influence of simultaneity. Correcting for simultaneity, the estimates imply that a state execution deters approximately fourteen murders per year on average. Finally, the results also suggest that the announcement effect of capital punishment, as opposed to the existence of a death penalty provision, is the mechanism actually driving the deterrent effect associated with state executions.Download Info
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Article provided by Universidad del CEMA in its journal Journal of Applied Economics.
Volume (Year): VII (2004)
Issue (Month): (May)
Pages: 163-193
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Related research
Keywords: capital punishment; deterrence; executions; murder;Find related papers by JEL classification:
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- H00 - Public Economics - - General - - - General
References
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Yang, Bijou & Lester, David, 2008. "The deterrent effect of executions: A meta-analysis thirty years after Ehrlich," Journal of Criminal Justice, Elsevier, vol. 36(5), pages 453-460, September.
- Donohue III, John J. & Wolfers, Justin, 2006.
"Uses and Abuses of Empirical Evidence in the Death Penalty Debate,"
IZA Discussion Papers
1949, Institute for the Study of Labor (IZA).
- John J. Donohue III & Justin Wolfers, 2006. "Uses and Abuses of Empirical Evidence in the Death Penalty Debate," NBER Working Papers 11982, National Bureau of Economic Research, Inc.
- Donohue, John J & Wolfers, Justin, 2006. "Uses and Abuses of Empirical Evidence in the Death Penalty Debate," CEPR Discussion Papers 5493, C.E.P.R. Discussion Papers.
- Choe, Jongmook, 2009. "Another Look at the Deterrent Effect of Death Penalty," MPRA Paper 14071, University Library of Munich, Germany.
- Steven N. Durlauf & Chao Fu & Salvador Navarro, 2011.
"Capital Punishment and Deterrence: Understanding Disparate Results,"
Working Papers
2012-005, Human Capital and Economic Opportunity Working Group.
- Salvador Navarro & Chao Fu & Steven Durlauf, 2012. "Capital Punishment and Deterrence: Understanding Disparate Results," 2012 Meeting Papers 53, Society for Economic Dynamics.
- Hashem Dezhbakhsh & Paul Rubin, 2011.
"From the 'econometrics of capital punishment' to the 'capital punishment' of econometrics: on the use and abuse of sensitivity analysis,"
Applied Economics,
Taylor and Francis Journals, vol. 43(25), pages 3655-3670.
- Hashem Dezhbakhsh & Paul Rubin, 2007. "From the “Econometrics of Capital Punishment” to the “Capital Punishment” of Econometrics: On the Use and Abuse of Sensitivity Analysis," Emory Economics 0715, Department of Economics, Emory University (Atlanta).
- Michael Frakes & Matthew Harding, 2009. "The Deterrent Effect of Expansions in Death Penalty Eligibility Criteria," Discussion Papers 08-033, Stanford Institute for Economic Policy Research.
- Paresh Kumar Narayan & Russell Smyth, 2006.
"Dead man walking: an empirical reassessment of the deterrent effect of capital punishment using the bounds testing approach to cointegration,"
Applied Economics,
Taylor and Francis Journals, vol. 38(17), pages 1975-1989.
- Paresh Narayan & Russell Smyth, . "Dead Man Walking: An Empirical Reassessment of the Deterrent Effect of Capital Punishment Using the Bounds Testing Approach to Cointegration," American Law & Economics Association Annual Meetings 1028, American Law & Economics Association.
- Russell Smyth & Paresh Kumar Narayan, 2004. "Dead Man Walking: An Empirical Reassessment of the Deterrent Effect of Capital Punishment Using the Bounds Testing Approach to Cointegration," Econometric Society 2004 Australasian Meetings 332, Econometric Society.
- Hashem Dezhbakhsh & Joanna M. Shepherd, 2003.
"The Deterrent Effect of Capital Punishment: Evidence from a "Judicial Experiment","
Emory Economics
0314, Department of Economics, Emory University (Atlanta).
- Hashem Dezhbakhsh & Joanna M. Shepherd, 2006. "The Deterrent Effect of Capital Punishment: Evidence from a "Judicial Experiment"," Economic Inquiry, Western Economic Association International, vol. 44(3), pages 512-535, July.
- Berit C. Gerritzen & Gebhard Kirchgässner, 2013.
"Facts or Ideology: What Determines the Results of Econometric Estimates of the Deterrence Effect of Death Penalty? A Meta-Analysis,"
CESifo Working Paper Series
4159, CESifo Group Munich.
- Gerritzen, Berit & Kirchgässner, Gebhard, 2013. "Facts or Ideology: What Determines the Results of Econometric Estimates of the Deterrence Effect of Death Penalty? A Meta-Analysis," Economics Working Paper Series 1303, University of St. Gallen, School of Economics and Political Science.
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