Keeping an Eye on the Villain: Assessing the Impact of Surveillance Cameras on Crime
61 Pages Posted: 26 Aug 2024
Abstract
This study estimates the causal impact of the massive installation of surveillance cameras on crime, using novel data from China between 2014 and 2019. Using the number of preexisting local camera producers as the instrument for the density of camera installation, we find that cities with denser surveillance networks experienced significantly faster declines in crime. The reduction is more pronounced for publicly visible crimes. Enhanced surveillance is associated with higher satisfaction with the government and a greater sense of security, leading to longer hours worked, especially for women. A back-of-envelope calculation shows preventing a crime costs approximately $5,922, which is highly cost-effective.
Keywords: Surveillance cameras, crime deterrence, cost of safety
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