|
| |
| Francis Petterini and Akauã Flores |
| |
| ''Copula econometrics to simulate effects of private policing on crime'' |
| ( 2021, Vol. 41 No.3 ) |
| |
| |
| Clotfelter´s model indicates that an increase in private policing has an ambiguous effect on crime across a city. Although this is often cited in the literature, we have found few attempts to test this hypothesis, perhaps because it involves several econometric challenges. This research presents a framework to solve this using city-level samples, applying copulas in Tobit marginals over indicators of crime and private policing. Using a sample of Brazilian cities, we find evidence in favor of Clotfelter´s hypothesis. |
| |
| |
| Keywords: copula econometrics, private policing, economics of crime |
JEL: C1 - Econometric and Statistical Methods: General
K4 - Legal Procedure, the Legal System, and Illegal Behavior: General |
| |
| Manuscript Received : Dec 08 2020 | | Manuscript Accepted : Jul 18 2021 |
|
