The Effect of Asset Forfeiture on Policing: A Panel Approach - Data Notes
29 Pages Posted: 15 Feb 2014 Last revised: 18 Aug 2015
Date Written: December 30, 2013
Abstract
Asset forfeiture has proven highly controversial in the United States since its expansion in 1984. Most controversial is the widespread policy that allows police agencies to keep the assets seized, which both proponents and critics assert changes police behavior. From newly developed panel data sets, we find some statistical support for the proposition that police agencies change the intensity and pattern of crime policing in response to forfeiture. However, in economic terms these effects are very weak and do not support the proposition that forfeiture provides vital funds and incentives for crime policing.
Abstract from the paper "The Effect of Asset Forfeiture on Policing" http://ssrn.com/abstract=2335161 to which this data note pertains.
JEL Classification: H39, H71, K42
Suggested Citation: Suggested Citation