The Effect of Police on Crime: New Evidence from U.S. Cities, 1960-2010
AbstractWe argue that the key impediment to accurate measurement of the effect of police on crime is not necessarily simultaneity bias, but bias due to mismeasurement of police. Using a new panel data set on crime in medium to large U.S. cities over 1960- 2010, we obtain measurement error corrected estimates of the police elasticity of the cost-weighted sum of crimes of roughly -0.5. The estimates confirm a controversial finding from the previous literature that police reduce violent crime more so than property crime.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 18815.
Date of creation: Feb 2013
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Note: LE LS
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- J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
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