How bad is crime for business? Evidence from consumer behavior

A-Tier
Journal: Journal of Urban Economics
Year: 2022
Volume: 129
Issue: C

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Understanding how consumers respond to crime offers evidence of how safety perception impacts individuals daily choices and has important implications for economic development of communities. This paper investigates the impact of local crime on subsequent consumer visits to food and entertainment retails using a novel longitudinal dataset with point-specific crime and consumer visit data. We leverage the richness of our data to account for unobserved heterogeneity and time variant confounders through temporal and geographical variation. Our results show that consumers respond more strongly to property and street crimes. The response concentrates on the venue visit decision rather than the intensity of consumption (i.e. duration) in the venue.

Technical Details

RePEc Handle
repec:eee:juecon:v:129:y:2022:i:c:s0094119022000250
Journal Field
Urban
Author Count
2
Added to Database
2026-01-29