Privately Produced General Deterrence
In this study, we use county data on private security establishments and employment for 1977-92 to test two hypotheses. First, we test whether private security deters crime. Second, we test whether John Lott and David Mustard's estimates of the impact of shall-issue laws on crime are biased because of a lack of controls for private security. We find little evidence that private security reduces the crime rates for assault or larceny. Some estimates suggest murder, robbery, and/or auto theft may be deterred by private security, although these results are not robust. Of all the index crime categories, only rape is estimated to have a consistent negative relationship with private security. In addition, we find little evidence that the Lott and Mustard results are biased because of a lack of controls for the private security measures employed in this study. Copyright 2001 by the University of Chicago.
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- Gary S. Becker, 1974. "Crime and Punishment: An Economic Approach," NBER Chapters,in: Essays in the Economics of Crime and Punishment, pages 1-54 National Bureau of Economic Research, Inc.
- Moody, Carlisle E, 2001. "Testing for the Effects of Concealed Weapons Laws: Specification Errors and Robustness," Journal of Law and Economics, University of Chicago Press, vol. 44(2), pages 799-813, October.
- Plassmann, Florenz & Tideman, T Nicolaus, 2001. "Does the Right to Carry Concealed Handguns Deter Countable Crimes? Only a Count Analysis Can Say," Journal of Law and Economics, University of Chicago Press, vol. 44(2), pages 771-798, October.
- Mark Duggan, 2001. "More Guns, More Crime," Journal of Political Economy, University of Chicago Press, vol. 109(5), pages 1086-1114, October.
- Lott, John R, Jr & Mustard, David B, 1997. "Crime, Deterrence, and Right-to-Carry Concealed Handguns," The Journal of Legal Studies, University of Chicago Press, vol. 26(1), pages 1-68, January.
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