Replication data for: Panic on the Streets of London: Police, Crime, and the July 2005 Terror Attacks
Principal Investigator(s): View help for Principal Investigator(s) Mirko Draca; Stephen Machin; Robert Witt
Version: View help for Version V1
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Project Citation:
Draca, Mirko, Machin, Stephen, and Witt, Robert. Replication data for: Panic on the Streets of London: Police, Crime, and the July 2005 Terror Attacks. Nashville, TN: American Economic Association [publisher], 2011. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112455V1
Project Description
Summary:
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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
Scope of Project
JEL Classification:
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K42 Illegal Behavior and the Enforcement of Law
K42 Illegal Behavior and the Enforcement of Law
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