CRIMINALS' RESPONSE TO CHANGING CRIME LUCRE.
How do criminals respond to changes in the benefit from committing a successful crime? This question is relevant for understanding the effectiveness of crime-fighting policies that reduce demand for illegal goods, disrupt black markets, and otherwise eliminate cheaper avenues to illicit gain. Howeve...
| Publicado en: | Economic Inquiry Vol. 54; no. 3; pp. 1464 - 1484 |
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| Formato: | Artículo |
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Wiley-Blackwell
Jul2016
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=115230748&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 115230748 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jul2016 vid: 54 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 115230748 10.1111/ecin.12334 ppf: 1464 ppct: 20 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.1MB tig: atl: CRIMINALS' RESPONSE TO CHANGING CRIME LUCRE. aug: au: Shoukry, George F. N. affil: Financial Economist, Division of Insurance and Research, FDIC, Washington DC, 20429 su: Criminals Black market Elasticity (Economics) Theft Economics Economic history Economic impact of crime Consumer price indexes sug: subj: Criminals Black market Elasticity (Economics) Theft Economics Economic history Economic impact of crime Consumer price indexes ab: How do criminals respond to changes in the benefit from committing a successful crime? This question is relevant for understanding the effectiveness of crime-fighting policies that reduce demand for illegal goods, disrupt black markets, and otherwise eliminate cheaper avenues to illicit gain. However, the literature has not sufficiently addressed this question, partly because finding a reliable measure of crime lucre is difficult. Using proprietary data on cargo theft, I match historical prices of various goods with their thefts and estimate the price elasticity of theft to be 1.225 over a cumulative 7-month horizon. ( JEL K42) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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