Estimating the Effect of Concealed Carry Laws on Murder: A Response to Bondy, et al

17 Pages Posted: 26 Jun 2024

See all articles by John R. Lott

John R. Lott

Crime Prevention Research Center

Carlisle E. Moody

College of William and Mary - Department of Economics; Crime Prevention Research Center

Multiple version iconThere are 3 versions of this paper

Date Written: June 17, 2024

Abstract

In response to our short paper in Academia Letters, Bondy et. al. published much longer response in this journal. We show that the Bondy et. al. criticisms are misleading and irrelevant. We present new estimates of the effect of right-to-carry and permit-less “constitutional carry” laws on the murder rate. We find that the traditional two-way fixed-effects analysis shows that right-to-carry laws have a negative but only marginally significant effect and that constitutional carry laws have an insignificantly negative effect. We also apply new difference-in-differences analyses to the same data and find that both laws have a negative but insignificant effect on murder. We conclude that, although the standard errors indicate that these coefficients are not precisely estimated, it cannot be claimed that either one of these laws significantly increases murder.

Keywords: right-to-carry, constitutional carry, murder, two-way fixed-effects, difference-in-differences, event studies, forbidden comparisons

JEL Classification: K42

Suggested Citation

Lott, John R. and Moody, Carlisle E., Estimating the Effect of Concealed Carry Laws on Murder: A Response to Bondy, et al (June 17, 2024). Available at SSRN: https://ssrn.com/abstract=4871807 or http://dx.doi.org/10.2139/ssrn.4871807

John R. Lott

Crime Prevention Research Center ( email )

PO Box 2293
1100 W Kent Ave
Missoula, MT 59801
United States

Carlisle E. Moody (Contact Author)

College of William and Mary - Department of Economics ( email )

Williamsburg, VA 23187-8795
United States
757-221-2373 (Phone)
757-221-1175 (Fax)

Crime Prevention Research Center ( email )

Missoula, MT
United States

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