Yoshimoto, H. and Kumar, P. (2016) Do Crime-Prone Areas Attract Gambling Shops? A Case of London Boroughs. Working Paper. SSRN. (Unpublished)
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Publisher's URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2801017
Abstract
We investigate a causal effect of crime on the number of betting shops by using annual data from London boroughs (2007-2015). Using an instrumental variable strategy, we estimate a panel model accounting for omitted variables and borough-level heterogeneity. Our estimation results show that a 1% increase in crime rate causes a 1.2% increase in the number of betting shops (per capita). Put differently, a new betting shop opens in a borough for every 1.4% increase in the local crime rate, on average. The causal effect is robust across a variety of specifications, although the magnitude varies across models.
Item Type: | Research Reports or Papers (Working Paper) |
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Status: | Unpublished |
Refereed: | No |
Glasgow Author(s) Enlighten ID: | Yoshimoto, Dr Hisayuki |
Authors: | Yoshimoto, H., and Kumar, P. |
Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor |
College/School: | College of Social Sciences > School of Social and Political Sciences > Economic and Social History |
Journal Name: | Do Crime-Prone Areas Attract Gambling Shops? A Case of London Boroughs |
Publisher: | SSRN |
Copyright Holders: | Copyright © 2016 The Authors |
Publisher Policy: | Reproduced with the permission of the authors |
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