D'Este, Rocco (2015) Black markets and crime. PhD thesis, University of Warwick.

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Abstract

Since Becker’s seminal work (1968), economists have investigated the determinants of crime using of a cost-benefit analysis. But, while extensive research has focused on incentives related to sanctions, deterrence and legal labor market opportunities, the effects of Black Markets (i.e. markets in which goods and services are illegally traded) on crime have been generally overlooked.

Two main obstacles have hindered such an analysis. First, black markets are by definition clandestine. Hence, these are very hard to measure. Secondly, these markets are not randomly assigned to geographic locations, but rather endogenously located, following existing economic trends or cross-sectional area characteristics.

This PhD thesis aims to partially fill this gap. I investigate the effects on criminal activity of 1) markets for stolen goods and 2) markets for illegal drugs.

Item Type:	Thesis or Dissertation (PhD)
Subjects:	H Social Sciences > HV Social pathology. Social and public welfare
Library of Congress Subject Headings (LCSH):	Black market, Crime, Pawnbroking, Ice (Drug)
Official Date:	September 2015
Dates:	Date Event September 2015 Submitted
Institution:	University of Warwick
Theses Department:	Department of Economics
Thesis Type:	PhD
Publication Status:	Unpublished
Supervisor(s)/Advisor:	Akerlof, Robert J. ; Macchiavello, Rocco
Sponsors:	Economic and Social Research Council (Great Britain) ; Royal Economic Society (Great Britain)
Extent:	159 leaves : charts
Language:	eng

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