The engine immobilizer: a non-starter for car thieves
We 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.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
|Date of creation:||Jan 2013|
|Date of revision:|
|Contact details of provider:|| Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ.|
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- McClellan, Chandler & Tekin, Erdal, 2012. "Stand Your Ground Laws and Homicides," IZA Discussion Papers 6705, Institute for the Study of Labor (IZA).
- Baumann, Florian & Friehe, Tim, 2013.
"Private protection against crime when property value is private information,"
International Review of Law and Economics,
Elsevier, vol. 35(C), pages 73-79.
- Florian Baumann & Tim Friehe, 2012. "Private Protection against Crime when Property Value is Private Information," CESifo Working Paper Series 3888, CESifo Group Munich.
- Baumann, Florian & Friehe, Tim, 2013. "Private protection against crime when property value is private information," DICE Discussion Papers 91, Düsseldorf Institute for Competition Economics (DICE), University of Düsseldorf.
- Lacroix Guy & Narceau Nicolas, 1995. "Private Protection against Crime," Journal of Urban Economics, Elsevier, vol. 37(1), pages 72-87, January.
- Vollaard, B.A. & van Ours, J.C., 2010.
"Does Regulation of Built-In Security Reduce Crime? Evidence From a Natural Experiment,"
2010-45, Tilburg University, Center for Economic Research.
- Ben Vollaard & Jan C. van Ours, 2011. "Does Regulation of Built‐in Security Reduce Crime? Evidence from a Natural Experiment," Economic Journal, Royal Economic Society, vol. 121(552), pages 485-504, 05.
- van Ours, Jan C & Vollaard, Ben, 2010. "Does Regulation of Built-In Security Reduce Crime? Evidence from a Natural Experiment," CEPR Discussion Papers 7817, C.E.P.R. Discussion Papers.
- Cook, Philip J. & Ludwig, Jens, 2006. "The social costs of gun ownership," Journal of Public Economics, Elsevier, vol. 90(1-2), pages 379-391, January.
- Helsley, Robert W. & Strange, William C., 2005. "Mixed markets and crime," Journal of Public Economics, Elsevier, vol. 89(7), pages 1251-1275, July.
- Ian Ayres & Steven D. Levitt, 1998. "Measuring Positive Externalities from Unobservable Victim Precaution: An Empirical Analysis of Lojack," The Quarterly Journal of Economics, Oxford University Press, vol. 113(1), pages 43-77.
- Ehrlich, Isaac, 1981. "On the Usefulness of Controlling Individuals: An Economic Analysis of Rehabilitation, Incapacitation, and Deterrence," American Economic Review, American Economic Association, vol. 71(3), pages 307-22, June.
- Christine Neill, 2010.
"Do Gun Buybacks Save Lives? Evidence from Panel Data,"
American Law and Economics Review,
Oxford University Press, vol. 12(2), pages 462-508.
- Leigh, Andrew & Neill, Christine, 2010. "Do Gun Buybacks Save Lives? Evidence from Panel Data," IZA Discussion Papers 4995, Institute for the Study of Labor (IZA).
- Hui-Wen, Koo & Png, I. P. L., 1994. "Private security: Deterrent or diversion?," International Review of Law and Economics, Elsevier, vol. 14(1), pages 87-101, March.
- Shavell, Steven, 1991. "Individual precautions to prevent theft: Private versus socially optimal behavior," International Review of Law and Economics, Elsevier, vol. 11(2), pages 123-132, September.
- Helsley, Robert W. & Strange, William C., 1999. "Gated Communities and the Economic Geography of Crime," Journal of Urban Economics, Elsevier, vol. 46(1), pages 80-105, July.
- Philip J. Cook & John MacDonald, 2011. "Public Safety through Private Action: an Economic Assessment of BIDS," Economic Journal, Royal Economic Society, vol. 121(552), pages 445-462, 05.
- Robert Meyer, 2012. "Failing to learn from experience about catastrophes: The case of hurricane preparedness," Journal of Risk and Uncertainty, Springer, vol. 45(1), pages 25-50, August.
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:9298. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.