Econometric Estimates of Deterrence of the Death Penalty: Facts or Ideology?
AbstractIn 2007, the Wall Street Journal published an article claiming that each execution saves more than 70 lives. This example is used to show how easy it is, using simple or advanced econometric techniques, to produce results that do or do not support the deterrence hypothesis. Moreover, we also point to some puzzles which have not been satisfactorily solved so far. We then present a critical survey of the papers published in the last ten years. It is shown how simple changes can produce quite different results using the same data. Finally, we draw some conclusions about the usefulness of statistical arguments in policy debates, but also on the moral questions involved in this particular debate.
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Bibliographic InfoPaper provided by Center for Research in Economics, Management and the Arts (CREMA) in its series CREMA Working Paper Series with number 2011-10.
Date of creation: Apr 2011
Date of revision:
Death Penalty; Deterrence; Econometric Evidence; Ideology;
Find related papers by JEL classification:
- K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
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- Kirchgässner, Gebhard, 2012. "Zur Rolle der Ökonometrie in der wissenschaftlichen Politikberatung," Economics Working Paper Series 1223, University of St. Gallen, School of Economics and Political Science.
- Gebhard Kirchgässner, 2013. "Zur Rolle der Ökonometrie in der wissenschaftlichen Politikberatung," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 14(1-2), pages 3-30, 02.
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