The Effect of Privately Provided Police Services on Crime
University of Pennsylvania
University of Pennsylvania Law School; Erasmus School of Law; PERC - Property and Environment Research Center
University of Chicago Law School
November 4, 2012
U of Penn, Inst for Law & Econ Research Paper No. 12-36
Research demonstrates that police reduce crime. The implication of this research for investment in a particular form of extra police services, those provided by private institutions, has not been rigorously examined. We capitalize on the discontinuity in police force size at the geographic boundary of a private university police department to estimate the effect of the extra police services on crime. Extra police provided by the university generate approximately 45-60 percent fewer crimes in the surrounding neighborhood. These effects appear to be similar to other estimates in the literature.
Number of Pages in PDF File: 26
Keywords: crime, police, security, regression discontinuity
JEL Classification: K14, K42
Date posted: November 6, 2012 ; Last revised: November 20, 2012
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