The engine immobilizer: a non-starter for car thieves
AbstractWe provide evidence for a beneficial welfare impact of a crime policy that is targeted at strenghtening victim precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory for all new cars sold within the European Union as of 1998. We exploit the regulation as source of exogenous variation in use of the device by year of manufacture of cars. Based on detailed data at the level of car models, we find that uniform application of the security device reduced the probability of car theft by an estimated 50 percent on average in the Netherlands during 1995-2008, accounting for both the protective effect on cars with the device and the displacement effect on cars without the device. The costs per prevented theft equal some 1,500 Euro; a fraction of the social benefits of a prevented car theft.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 9298.
Date of creation: Jan 2013
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Other versions of this item:
- Ours, J.C. van & Vollaard, B.A., 2013. "The Engine Immobilizer: a Non-Starter For Car Thieves," Discussion Paper 2013-004, Tilburg University, Center for Economic Research.
- Jan C. van Ours & Ben Vollaard, 2013. "The Engine Immobilizer: A Non-Starter for Car Thieves," CESifo Working Paper Series 4092, CESifo Group Munich.
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
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