On the distributive costs of drug-related homicides
This is the first paper to study the economic effects of drug-trafficking organization violence. We exploit the manyfold increase in homicides in 2008-2011 in Mexico resulting from its war on organized drug traffickers to estimate the effect of drug-related homicides on house prices. We use an unusu...
Guardado en:
| Autores principales: | , , |
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| Formato: | Articulo Documento de trabajo |
| Lenguaje: | Inglés |
| Publicado: |
2014
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| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/49621 http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas158.pdf |
| Aporte de: |
| id |
I19-R120-10915-49621 |
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| record_format |
dspace |
| institution |
Universidad Nacional de La Plata |
| institution_str |
I-19 |
| repository_str |
R-120 |
| collection |
SEDICI (UNLP) |
| language |
Inglés |
| topic |
Ciencias Económicas Homicidio JEL: K4, I3 Drogas Ilícitas poverty drug-relate homicide costs of crime |
| spellingShingle |
Ciencias Económicas Homicidio JEL: K4, I3 Drogas Ilícitas poverty drug-relate homicide costs of crime Ajzenman, Nicolás Galiani, Sebastián Seira, Enrique On the distributive costs of drug-related homicides |
| topic_facet |
Ciencias Económicas Homicidio JEL: K4, I3 Drogas Ilícitas poverty drug-relate homicide costs of crime |
| description |
This is the first paper to study the economic effects of drug-trafficking organization violence. We exploit the manyfold increase in homicides in 2008-2011 in Mexico resulting from its war on organized drug traffickers to estimate the effect of drug-related homicides on house prices. We use an unusually rich dataset that provides national coverage on house prices and homicides and exploit within-municipality variations. We find that the impact of violence on housing prices is borne entirely by the poor sectors of the population. An increase in homicides equivalent to one standard deviation leads to a 3% decrease in the price of low-income housing. In spite of this large burden on the poor, the willingness to pay in order to reverse the increase in drug-related crime is not high. We estimate it to be approximately 0.1%of Mexico’s GDP. |
| format |
Articulo Documento de trabajo |
| author |
Ajzenman, Nicolás Galiani, Sebastián Seira, Enrique |
| author_facet |
Ajzenman, Nicolás Galiani, Sebastián Seira, Enrique |
| author_sort |
Ajzenman, Nicolás |
| title |
On the distributive costs of drug-related homicides |
| title_short |
On the distributive costs of drug-related homicides |
| title_full |
On the distributive costs of drug-related homicides |
| title_fullStr |
On the distributive costs of drug-related homicides |
| title_full_unstemmed |
On the distributive costs of drug-related homicides |
| title_sort |
on the distributive costs of drug-related homicides |
| publishDate |
2014 |
| url |
http://sedici.unlp.edu.ar/handle/10915/49621 http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas158.pdf |
| work_keys_str_mv |
AT ajzenmannicolas onthedistributivecostsofdrugrelatedhomicides AT galianisebastian onthedistributivecostsofdrugrelatedhomicides AT seiraenrique onthedistributivecostsofdrugrelatedhomicides |
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Repositorios |
| _version_ |
1764820475070906369 |