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American Economic Review: Vol. 101 No. 5 (August 2011)
AER Volume. 101, Issue 5 |
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Panic on the Streets of London: Police, Crime, and the July 2005 Terror Attacks
Article Citation
Draca, Mirko,
Stephen Machin, and
Robert Witt. 2011. "Panic on the Streets of London: Police, Crime, and the July 2005 Terror Attacks."
American Economic Review,
101(5): 2157-81.
DOI: 10.1257/aer.101.5.2157
DOI: 10.1257/aer.101.5.2157
Abstract
In this paper we study the causal impact of police on crime, looking at what happened to crime and police before and after the terror attacks that hit central London in July 2005. The attacks resulted in a large redeployment of police officers to central London as compared to outer London. During this time, crime fell significantly in central relative to outer London. The instrumental variable approach we use uncovers an elasticity of crime with respect to police of approximately -0.3 to -0.4, so that a 10 percent increase in police activity reduces crime by around 3 to 4 percent.
JEL: K42
Article Full-Text Access
Full-text Article
Additional Materials
Download Data Set (23.15 MB) | Online Appendix (20.64 KB)
Authors
Draca, Mirko (Centre for Economic Performance, London School of Economics)
Machin, Stephen (U College London and Centre for Economic Performance, London School of Economics)
Witt, Robert (U Surrey)
Machin, Stephen (U College London and Centre for Economic Performance, London School of Economics)
Witt, Robert (U Surrey)
JEL Classifications
K42: Illegal Behavior and the Enforcement of Law

